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  5. ›PRF76-Category 2: Financial Aid Workflow Alignment RFQ

Massachusetts Department of Higher Education·Massachusetts

PRF76-Category 2: Financial Aid Workflow Alignment RFQ

Closes 5/15/2026$90k – $110kRequest for Quotation
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Description

The Department of Higher Education is seeking consultant services to assess the current structure and workflow of the Office of Student Financial Assistance (OSFA) and the Administration and Finance, and provide detailed feedback on what may need to be procured in the future as part of a financial aid redesign. The selected vendor will be required to review current internal procedures, attend meetings, assess and develop recommendations, and produce a report outlining the current financial aid structure and potential areas for improvement. The contract is expected to run from May 20, 2026, to April 30, 2027, with a single renewal option. The estimated value of the procurement is $100,000. • The vendor will be required to provide a detailed budget and timeline for the project. • The vendor will be required to assign a single point of contact for the project. • The vendor will be required to provide a report outlining the current financial aid structure and potential areas for improvement. • The vendor will be required to attend meetings and assess current needs and potential future efficiencies. • The vendor will be required to make recommendations for future procurements pertaining to a redesign of OSFA.

Attached files

Contact

Eleanor Baumgarten(Purchaser)

[email protected]

(617) 994-6931

Key dates

Opened
5/1/2026
Questions due
5/8/2026
Closes
5/15/2026
Projected award
5/20/2026
Duration
11 months

Last updated

Details

Type
Request for Quotation
Industry
Education
NAICS
541610
Solicitation №
BD-26-1088-RGT01-RGT01-128862

Budget estimate

$90,000 – $110,000

Based on the estimated value of the procurement, which is $100,000, it is likely that the budget for this project will be around $100,000. The factors that may influence the likely payment range include the scope of work, the timeline, and the vendor's experience and qualifications.

AI estimate from the solicitation

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