Comprehensive Inventory Assessment and Property Control Management Improvement Services

Consulting firms to conduct a comprehensive assessment of the College's Property Control Program and lifecycle management practices. The assessment shall evaluate the effectiveness of policies, procedures, internal controls, governance, staffing, technology, records, accountability measures, and compliance processes associated with the management of College-owned property.
- Contractor shall utilize a Phased Analysis and Structured Mitigation Plan approach to evaluate the College's current inventory environment, identify operational and control gaps, develop corrective action recommendations, and provide an implementation roadmap for achieving sustainable property control accountability and compliance. The consultant shall also evaluate the College's current tagging and tracking
technology environment and provide independent recommendations regarding inventory management system requirements and potential solutions.
- Services are to:
• Assess current property control structure and inventory management practices, procedures, and controls.
• Evaluate inventory governance and accountability.
• Review inventory records and supporting documentation.
• Conduct targeted physical inventory verification activities.
• Identify risks, deficiencies, inefficiencies, and process gaps.
• Evaluate staffing, training, and operational needs.
• Develop inventory management policies and procedures.
• Develop a Structured Mitigation Plan with prioritized corrective actions.
• Evaluate current inventory technology and management tools.
• Define requirements and recommend inventory management system solutions.
• Develop an implementation roadmap for sustainable inventory management.