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ASM-0739 - USA (Minnesota) - Asset Management Plan Development Services - Deadline June 25,2019

Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: ASM-0739

Government Authority located in Minnesota; USA based organization looking for expert vendor for asset management plan development services.

[A] Budget: Looking for proposal

[B] Scope of Service:

(1) Vendor needs to provide asset management plan development services to create an asset management plan for school trust assets in order to achieve the best and most efficient mix of revenue-generating opportunities, while minimizing the risk to the portfolio of school trust assets. Anticipated components of the Plan include:
• Strategies to increase the value of school trust assets and related cash flow including:
- A fair market land value benchmarking methodology to accurately measure the assets.
- Recommendations of benchmarks for management cost structure.
- Established performance metrics to understand portfolio performance, and development of methods to complete the required analysis, e.g. allocation methodology of management costs in relation to asset classifications.
- Recommended strategies to improve trust revenue, reliability, and rates of return.
• Recommendations to rebalance the asset portfolio with assets of high performance potential.
• Evaluation criteria for the disposal of underperforming assets.
• Priorities for trust management activities.
• Recommendations regarding how to balance revenue enhancement with resource stewardship.
• A framework for detailed asset business plans for each trust asset class to provide operating direction to asset managers as they implement day-to-day management decisions involving trust assets.
• A framework for annual performance reporting to the government authority located in Minnesota.
(2) Contract period will be for one year.

[C] Eligibility:

Onshore (USA Only)

[D] Work Performance:

Performance of the work will be Offsite. Vendor needs to carry work in their office premises.

Expiry Date : Tuesday, 25 June, 2019

Category : Asset Management

Country : USA

State : Minnesota

RFP Expired

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