MSU RFP 24-04 Financial and Administrative Rate Proposal Services

The contract is for Financial and Administrative Rate Proposal Services, where the contractor will provide services to determine the appropriate cognizant agency and prepare and negotiate the Facilities and Administrative ("F&A") Rate proposal with the appropriate cognizant federal agency. The contractor will also develop cost proposals, calculate finance and administrative rates, and prepare a negotiation strategy. The contract was awarded to Huron Consulting Group, who submitted a proposal that was evaluated based on criteria such as scope of work, offeror qualifications, and cost proposal. Some of the key points from the evaluation include: • The contractor will gather university source data and conduct a space survey review. • The contractor will develop cost proposals and calculate finance and administrative rates. • The contractor will prepare a negotiation strategy and implementation plan. • The contractor will provide resumes and company profiles of key personnel. • The contractor will provide a list of F&A rate proposals prepared and negotiated in the last five years. The evaluation also considered the contractor's experience, qualifications, and cost proposal. The contract is expected to be awarded for a certain period, but the exact duration is not stated.