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OpenSolicitation RFP27007123

Community College of Rhode Island Financial Aid Optimization and Packaging Services

Buyer
Community College of Rhode Island
Place of performance
Offsite
Submission deadline
Dec 11, 2026

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What the buyer needs

AI summary

The Community College of Rhode Island seeks a firm to provide financial aid optimization and packaging services, including developing an optimization model to evaluate alternate aid budgets and award strategies. The selected vendor will also evaluate Workforce Pell opportunities, develop an implementation plan with training, and optionally provide ongoing annual support. Onshore U.S. organizations may bid to perform this work offsite, and core deliverables must be completed within three to four months of award issuance. Bidders must submit a technical proposal, a lump sum fixed fee cost proposal on Attachment A, a Supplemental Bidder Attestation Form, and MBE, WBE, or Disability Business Enterprise participation forms through Ocean State Procures. CCRI will evaluate proposals on a 106-point scale, awarding up to 70 points for technical criteria, 30 points for cost, and 6 bonus points for ISBE participation. Technical proposals must score at least 60 points to advance to cost evaluation, and the solicitation does not specify a budget or submission deadline.

Scope of work

  • Current-State Assessment of financial aid packaging policies, practices, processes, and resources
  • Recommended Financial Aid Packaging Policy establishing objectives, priorities, and framework
  • Financial Aid Optimization Model to evaluate alternative aid budgets and award strategies
  • Model Documentation and Training for relevant CCRI staff
  • Workforce Pell Assessment evaluating opportunities and implications for CCRI
  • Supporting Recommendations for changes to policies, processes, systems, data, reporting, or governance
  • Implementation Plan identifying actions, responsibilities, resource requirements, and timelines
  • Final Report and Presentation of findings to CCRI leadership

How proposals are evaluated

CriterionWeight / scoring
Approach, Methodology, and Project Structure30 Points
Experience and Qualifications20 Points
Implementation Schedule10 Points
References10 Points
Cost Proposal30 Points
ISBE Participation6 Bonus Points

Minimum qualifications

  • Experience with similar engagements, particularly with community colleges or comparable institutions
  • Three to five references from engagements conducted within the last five years
  • Onshore (USA Organization Only)

Documents to include with your response

  • Technical Proposal (maximum 20 pages, excluding appendices and key staff resumes)
  • Attachment A – Cost Proposal (Lump Sum Fixed Fee with hourly rate)
  • Supplemental Bidder Attestation Form (Appendix A)
  • ISBE Proposal / MBE, WBE, and/or Disability Business Enterprise Participation Plan form(s) (Appendix B)

How to submit

Method
Electronic via Ocean State Procures™
Instructions
Technical proposal limited to 20 pages (excluding appendices and key staff resumes); submit with Cost Proposal, Supplemental Bidder Attestation Form, and ISBE Proposal.
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