RFP01032024 - Valuation Consulting

Agency:	University of Arkansas
State:	Arkansas
Type of Government:	State & Local
NAICS Category:	541611 - Administrative Management and General Management Consulting Services
Posted Date:	Jan 19, 2024
Due Date:	Jan 31, 2024
Solicitation No:	RFP01032024
Bid Source:	Please Login to View Page
Contact information:	Please Login to View Page
Bid Documents:	Please Login to View Page

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Request for Proposal (RFP)

RFP No. 01032024

Valuation Consulting

RFP RELEASE DATE: January 3, 2024

PROPOSAL DUE DATE:

PROPOSAL DUE TIME:

BID OPENING EVENT:

January 31, 2024

2:30 PM CST*

2:30 PM CST

SUBMIT ALL PROPOSALS TO:

By USPS:

University of Arkansas – Business Services

UPTW Room 101

1 University of Arkansas

Fayetteville, AR 72701

By FedEx, UPS or another private carrier to Physical

Location:

University of Arkansas – Business Services

UPTW Room 101

1001 East Sain Street

Fayetteville, AR 72703

Signature Required For Proposal

Respondent complies with all articles of the Standard Terms and Conditions documents as counterpart to this RFP

document, and with all articles within the RFP document. If Respondent receives the University’s purchase order,

Respondent agrees to furnish the items and/or services listed herein at the prices and/or under the conditions as indicated in

the RFP.

Respondent Name:

Mailing Address:

City, State, Zip:

Telephone:

Email:

Authorized Signature: _______________________________________

Date: ______________

Typed/Printed Name of Signor: ________________________________

Title: ______________

*Under no circumstances will late bids be accepted. Failure to deliver by overnight carriers or other such methods

shall not be taken into consideration. Bids MUST arrive and be time-stamped by the Procurement Office, located at:

University of Arkansas – Business Services

UPTW Room 101

1001 East Sain Street

Fayetteville, AR 72703

prior to the due date/time specified in the RFP. RESPONDENT NAME, RFP NUMBER, AND PROPOSAL DUE

DATE MUST BE CLEARLY NOTED ON OUTSIDE OF PACKAGE IN ORDER FOR BID TO BE ACCEPTED.

If planning to attend a bid opening event, please arrive in the building lobby prior to 2:30pm CST.

In the event the University is closed to the public during a scheduled bid opening event, virtual access will be provided.

Information on joining a virtual bid opening will be posted on HogBid prior to the bid opening date.

INTERGOVERNMENTAL/COOPERATIVE USE OF COMPETITIVELY BID PROPOSALS AND

CONTRACTS:

In accordance with Arkansas Code Annotated § 19-11-249, any State public procurement unit, including any University

of Arkansas System campus or unit, may participate in any contract resulting from this solicitation upon approval by the

issuing agency and with a participating addendum signed by the contractor.

MINORITY AND WOMEN-OWNED BUSINESS (MWOB) POLICY:

It is the policy of the State of Arkansas to support equal opportunity as well as economic development in every sector. In

accordance with the Minority and Women-Owned Business Economic Development Act, UA shall support to the fullest

all possible participation of companies owned and controlled by minority persons and women in state-funded and state-

directed public programs and in the purchase of goods and services to meet an annual goal of fifteen percent (15%) of the

total expended.

Pursuant to Ark. Code Ann. § 19-11-229, 19-11-230 the State of Arkansas encourages all small, minority, and women

owned business enterprises to submit competitive sealed bids and proposals for University projects. Encouragement is

also made to all general contractors that in the event they subcontract portions of their work, consideration is given to the

identified groups.

A. Minority-Owned Business is defined by Arkansas Code Annotated § 15-4-303 as a business that is at least fifty-

one percent (51%) owned by one (1) or more minority persons who are lawful permanent residents of the State of

Arkansas:

A. African American

B. Hispanic American

C. American Indian

D. Pacific Islander American

E. Asian American

F. A Service-Disabled Veteran as designated by the United States Department of Veterans Affairs

B. Women-Owned Business is defined by Act 1080 of the 91st General Assembly Regular Session 2017 as a

business that is at least fifty-one percent (51%) owned by one (1) or more women who are lawful permanent

residents of the State of Arkansas.

C. Eligibility and Certification

The Arkansas Economic Development Commission (AEDC) conducts a certification process for minority-owned

and women-owned businesses. Increase the opportunity for your minority or women-owned business to sell

products and services to the State of Arkansas: https://www.arkansasedc.com/community-resources/Minority-

and-Women-Owned-Business-Enterprise-Resources/detail/get-certified. Certification indicates that your

company has undergone a review process to show that it is 51% or more owned, controlled and operated by a

minority or woman as defined above. Certification is granted for two years and allows participation in the

procurement process as a MWOB.

If certified, the Prospective Contractor’s Certification Number should be included on the Proposal/Response

Signature Page.

D. Recommended Resources

 Doing Business with UA

o Vendor registration: https://businessservices.uark.edu/doing-business-at-university.php

 Doing Business with the State

o Registering your company with the Office of State Procurement as a vendor allows you to do

business with the State of Arkansas: https://www.dfa.arkansas.gov/procurement/vendor-information/

o Arkansas Procurement Technical Assistance Center assists Arkansas small businesses to succeed in

obtaining government contracts: https://www.uaex.edu/business-communities/arkansas-

ptac/default.aspx

General Campus Background for University of Arkansas

Founded in 1871 as a land-grant institution, the University of Arkansas, Fayetteville Arkansas (UofA), is the flagship

campus of the University of Arkansas System. Our students represent all 50 states and more than 120 countries. The UofA

comprises 10 colleges and schools offering an internationally competitive education for undergraduate and graduate

students in more than 240 academic programs. The UofA contributes new knowledge, economic development, basic and

applied research, and creative activity while also providing service to academic and professional disciplines. As of Fall

2022, student enrollment totaled approximately 30,936. The faculty count totaled 1,490 and the staff count totaled 3,350.

The UofA is one of the nation’s top public research universities and the state’s foremost partner and resource for

education and economic development. Its public service activities reach every county in Arkansas, throughout the nation,

and around the world. The Carnegie Foundation classifies the UofA among only 3 percent (3%) of universities in

America that have the highest level of research activity.

1. DESCRIPTION AND OVERVIEW OF RFP

The Board of Trustees of the University of Arkansas, acting for and on behalf of the University of Arkansas,

Fayetteville (UA) is soliciting proposals for the purpose of engaging in an experienced consultant to provide asset

brand valuation services, including the development of a university-wide corporate partnership strategy to maximize

opportunities for university mission synergies and revenue generation, tailored in accordance with the requirements

set forth in this RFP.

1.1 General Purpose and Scope of RFP

UA is seeking proposals from qualified and reputable Respondents to provide asset brand valuation

services, including a university-wide corporate partnership strategy to maximize opportunities for

University mission synergies and revenue generation developed in accordance with the requirements of this

RFP.

UA expects to achieve the following goals (at minimum) through the selected Respondent:

A. Asset Identification and Inventory.

B. Asset Valuation Services.

C. Revenue Generation Development Planning.

D. Recommendations for establishing a university-wide corporate partnership infrastructure.

1.2 Exclusions

This RFP expressly excludes UA’s Department of Athletics; its intercollegiate athletic teams, student athletes and

coaches; all Razorback athletic marks, names, logos, mascots, fight songs, trade dress, images and intellectual

property; and/or all sponsorships, promotions, publications, signage, broadcasts, internet/digital and/or any activities

regarding or related to UA’s Department of Athletics events and/or on or around its facilities and/or adjacent

surfaces.

Additionally, UA, on behalf of its Department of Athletics, currently has an agreement with IMG (Learfield) that

may also preclude certain non-Athletics related sponsorships in competing categories with Learfield’s sponsors.

2. BACKGROUND AND OBJECTIVES

The overall objective of this RFP is to select a consultant to provide asset brand valuation and recommendations for

a procurement program for university-wide corporate partnership opportunities while maintaining high standards of

quality and service. Qualified consultants are invited to submit proposals based on the information provided in this

RFP, with the intent to establish a business alliance with the University that will maximize the resources of both

organizations to meet the University’s needs most effectively.

UA is seeking to award a term contract for Valuation Consulting to the Respondent that can provide the best overall

value to the University. This value will be determined by UA based on the overall competence, compliance, format

and presentation of each RFP response and in-person presentation, as necessary. Respondents may submit a

proposal for all the services entailed in this RFP or may submit a proposal for a specific service identified in this

RFP. Note also that the award may be split between Respondents for each of the services for which bidding is

requested.

A Respondent presentation day may be held following the bid due date. Projected timeframe for when

presentations could occur is specified in the “Projected Timetable of Activities” section of this RFP. Please keep

these dates open to schedule a presentation if you are selected to present.

2.1 UAF Mission Statement

The University of Arkansas is determined to build a better world by providing transformational opportunities

and skills, promoting an inclusive and diverse culture, nurturing creativity, and solving problems through

research and discovery, all in service to Arkansas.

Since 1871, our fundamental purpose as a land-grant institution and state flagship remains unchanged — to

serve the state of Arkansas as a partner, resource and catalyst by:

Providing access to a comprehensive and internationally competitive public education, and fostering student

success across a wide spectrum of disciplines.

 Utilizing research, discovery and creative activity to improve the quality of life, develop solutions to the

challenges we face and drive the state's economy.

 Contributing service and expertise through outreach, engagement and collaboration.

Our mission provides a broad outline of the work required to achieve our vision – that the University of Arkansas

represents the best of public higher education, advancing Arkansas while building a better world.

The university's unifying themes help describe who we are, what we do and why it matters.

As Arkansas’s land-grant university, we provide unparallel access to education and public service to support the

citizens of the Commonwealth and beyond. We engage in collaborative activities with private sector, educational,

and governmental partners worldwide to generate, integrate, apply, and disseminate knowledge that is valuable to

society.

Our University values represent our core ethical aspirations for all our daily activities and actions as students,

faculty, staff, and volunteers at UAF.

2.2 UAF Values

The University of Arkansas - Fayetteville is a community dedicated to personal and academic excellence. The

following UAF Values were developed to embody the values that we hope our students, faculty, staff,

administration, and alumni possess.

2.2.1 Curiosity - Curiosity drives progress – the need to know more, understand better, ask questions

and find answers. We embrace the challenges that come with exploring the unknown and seeking

solutions to problems shared by all. This intellectual curiosity feeds our determination to improve lives

through discovery, innovation and the expansion of knowledge.

2.2.2 Creativity - We are inspired by the art, music, literature, architecture and other creative works

that enrich our lives. But creativity is not limited to the arts and humanities; it is no less important to the

sciences, driving innovation and new technologies. A creative environment stimulates original thought,

varied perspectives and new ways of looking at things. Creative people and approaches lead to new ideas,

improved outcomes and other valuable contributions that make our lives better.

2.2.3 Character - We value personal integrity and the related behaviors that make us better people,

collectively strengthening our community and society. We strive to be trustworthy, to lead by example, to

get better every day and to have a positive impact on others. We cultivate a culture of honesty, fairness,

respect and understanding. We are accountable to ourselves, each other and the publics we serve.

2.2.4 Our Shared Humanity - We care about the safety, health and well-being of those around us. We

support an open exchange of ideas and respect the unique perspectives and contributions that each of us

provides. As a community of individuals, our diversity is our strength. We help nourish an inclusive

environment where equity, opportunity, representation and civility are valued. Respecting our differences

creates better understanding of our shared humanity, the foundation of our mission to build a better world.

2.3 Requirements and Specifications

2.3.1 Scope of Work

2.3.1.1 Consultant shall develop a University-wide corporate partnership strategy, including

inventory evaluation and creation, packaging, valuation, and category development.

2.3.1.2 Provide a description and timeline for the various phases of the proposed strategy. All

phases of the proposed strategy shall be completed within 5 months of contract award.

2.4.1.3 The University currently operates in a highly decentralized model. The Consultant is

expected to identify and inventory University physical and procurement/sponsorship opportunity

assets across multiple departments and prepare an inventory of all high-target assets, including

reporting on existing University contracts. Please identify any contingencies which may restrict

consultant from a successful inventory valuation.

2.3.1.4 Describe the methodology of the valuation program that you will use to provide

valuations for the identified assets.

2.3.1.5 Describe what information, other than provided in this RFP, you will need for

implementation.

3. REQUIREMENTS, DELIVERABLES, COSTS AND PRICING

The following sections are divided into components that require an affirmative response from all bidders.

Any exceptions to, deviations from, or inability to comply with the requirements set forth in this RFP, or the terms

and conditions contained in the General Terms and Conditions, must be declared in writing within the proposal as

requested. Failure to do so will prevent proposer from asserting its inability to comply with the terms or conditions

later on.

Consultants are strongly encouraged to adhere to the following general instructions, in order to bring clarity and

order to the proposal and subsequent evaluation process:

 Elaborate proposals, in the form of brochures or other presentation materials beyond that necessary to present

a complete and effective proposal, are not desired and should not be included.

 The response should be complete and comprehensive, with a corresponding emphasis on being concise and

clear.

 Any materials that a consultant feels are needed to provide clarity to their proposal should be included as

attachments in their proposal.

3.1. Requirements and Deliverables

Please indicate whether your organization is willing and able to adhere to each requirement. If not, please explain.

RFP01032024 - Valuation Consulting

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