Specifications include, but are not limited to: create two (2) new policies for: Liquidity Management and Working Capital Management. To build these policies, there needs to be assessments on the utilization of sources that require liquidity to improve the management of its assets and cash position. In addition, the UA is looking to design business strategies to manage its liquidity and working capital to ensure that the University is effectively monitoring and using its current assets and liabilities to its most effective use. The respondent will also provide overall recommendations to the UA regarding current industry best practices and thought leadership around liquidity and working capital management. Services related to Policy Development: Evaluate the current framework of working capital investment at the UA, as well as any existing policies that will need to be considered in drafting the new policy. Document the requirements of any new policies and assist with the timekeeping schedule for policy development and approval to ensure timely completion. Meet with UA’s management to understand primary project objectives, current operational targets and secondary objectives that must be considered in the new policies and procedures. Evaluate the University’s current working capital practices and any changes that might be required (permitted investments, targets, tiers, etc.) when the new policy is implemented. Provide recommendations and strategies for a revised and formal policy by a deadline that is acceptable and allowable to the UA.
