Optimizing Graduate Revenue Sharing & Tuition

Adams State University (ASU) in Alamosa County, Colorado, is seeking professional consulting services through a Request for Proposals (RFP) to optimize graduate revenue sharing and tuition pricing strategies. The procurement targets a strategic consulting firm to conduct a comprehensive analysis of ASU's current revenue-sharing mechanisms, graduate program financial models, and tuition structures. Key deliverables include developing innovative revenue-sharing frameworks, benchmarking against peer institutions, assessing potential departmental impacts, and providing recommendations for policy and process improvements. The project aims to create models that incentivize enrollment growth, ensure fair resource distribution, and balance financial sustainability with student affordability. Critical deadlines include a written inquiry deadline of April 1, 2024, at 3:00 PM MT, and a proposal submission deadline of April 15, 2024, at 12:00 PM MT. The project is scheduled to commence on June 1, 2024, with an interim progress report due on August 1, 2024, and final deliverables to be submitted by October 1, 2024. Evaluation criteria will focus on the firm's understanding of project objectives, relevant experience, proposed methodology, track record, and cost-effectiveness.

The RFP does not specify explicit set-aside designations or restrictions on respondent organizations. While no incumbent vendor is mentioned, the university currently has a complex budget process that considers instruction type, tuition revenue, faculty loads, residual funds, and departmental reserves across eight graduate program areas. The current revenue-sharing approach varies across these programs, and no formal written revenue-sharing policies exist. The university has not established a predetermined price range and will evaluate proposals based on competitiveness. The initial contract term is anticipated to be up to one year, with potential extension for an additional year, bringing the total possible contract duration to two years. Proposing firms must demonstrate expertise in higher education revenue management and provide detailed qualifications of key personnel, including a comprehensive budget breakdown. The project is part of ASU's current strategic planning process for graduate education, with stakeholder groups already identified and preliminary communications conducted.