Rhode Island ends consultant s $76,000-a-week contract with R I College boston.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from boston.com Daily Mail and Mail on Sunday newspapers.
PROVIDENCE, R.I. (AP) The state is canceling a $76,000-a-week contract given to a consultant to review Rhode Island College's finanaces after state lawmakers questioned its need and why it never went out to bid. The contract with Alvarez & Marsal started Dec. 14 and was scheduled to run until Feb. 28, but the state Council on Postsecondary Education, the Office of the Postsecondary Commissioner and the Department of Administration announced.
State hires $76,000-a-week consultant to help cash-strapped Rhode Island College
The firm will provide the college with âanalysis and recommendations related to programmatic, operational and financial improvements,â according to the contract
By Dan McGowan Globe Staff,Updated January 11, 2021, 6:00 a.m.
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Entry sign for Rhode Island College in Providence, R.I.Kenneth C. Zirkel via Wikimedia Commons
PROVIDENCE â Nearly two weeks before the fall semester started at Rhode Island College, officials at the school announced plans to take extraordinary steps to close a $10-million deficit. They said they would reduce operating expenses by 15 percent, which included executive pay cuts, layoffs, and a hiring freeze.
Credit Pbs.org
The president of the governing organization for Kentucky’s public universities says Governor Beshear’s budget recognizes the far reaching impact of a higher education. Kentucky lawmakers will have the final say on how much state money goes to support the eight state institutions and the community and technical college system.
During his State of the Commonwealth and Budget Speech Governor Beshear said he’s proposing a two percent increase in higher education funding. Council on Postsecondary Education President Aaron Thompson said those dollars could directly affect student learning in the classroom, virtual or in-person.
“Each campus, either through a performance funding pool or general base, would have a chance to start building back some infrastructure that they’ve lost and when I say infrastructure, in many cases I’m talking about human infrastructure,” said Thompson.
Consultant hired for RIC review at the rate of $76K per week
A CONSULTANT has been hired by Rhode Island state agencies, in order to shore up Rhode Island College s operations and finances. The college was significantly financially impacted by the COVID-19 pandemic./ COURTESY RHODE ISLAND COLLEGE PROVIDENCE – The state has hired Alvarez & Marsal Public Sector Services LLC to provide analysis and recommendations related to programmatic, operational and financial improvements at Rhode Island College, the Council on Postsecondary Education confirmed on Monday. A&M, a global firm with Boston offices, was hired to conduct a program review and operational review, to analyze…