Financial Assessment and Risk Monitoring Advisory Services
Closed October 14, 2026closed · Massachusetts
This bid is for financial assessment and risk monitoring advisory services based at One Ashburton Place, Room 1401, Boston, MA 02108, supporting reviews of private colleges and universities across Massachusetts.
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What the job is
Financial reviews: Independently analyze financial statements, enrollment data, loans, contracts, and supporting records to assess financial viability and closure risk.
Initial deliverable: Complete written assessments by December 1, 2026, addressing high-risk institutions’ ability to sustain operations for 18 months and maintain reserves for student teach-out plans.
Advisory support: Evaluate risk mitigation and closure plans, recommend screening improvements, and provide consultation, with institutional site visits as needed.
Schedule: November 2, 2026–December 31, 2027, with periodic engagements as needed.
Qualifications and pricing: Independent auditor or financial consulting firm with higher education expertise and strict confidentiality practices. Provide all-inclusive hourly rates, estimated hours, and total cost, including travel; estimated project budget is $200,000.
XL Eagle