The University of Missouri System is searching for a consulting firm to help it find areas to slash millions of dollars from its budget. The statewide university system issued a request for proposals seeking a firm to identify “cost savings or risk mitigation through the evaluation of the people, processes, and technology that comprise administrative functions.”
According to the request, which was filed May 26 and closes June 9, the selected firm will help the university system analyze spending on administrative staff and identify opportunities for lower spending. The firm would begin its work within 30 days of hiring and complete it within 60 days.
The UM System’s administrative staff has swelled in recent years, to roughly 275 positions currently, up from about 140 in 2005, according to staff directories.
MU alone faces $60 million in budget cuts for fiscal year 2018, which will be addressed by UM System president Mun Choi on Friday afternoon.
Read more: Columbia Missourian