New Mexico State University
Comprehensive Auxiliary Services Public-Private Partnership Advisory Services
NMSU’s Chancellor and President issued four directives as part of its 2025 Strategic Plan to guide the investment of its resources: Improve Student Success, Elevate Research and Creativity, Amplify Outreach and Economic Development, and Build a Robust University System. The university aimed to maximize the institutional value of Auxiliary assets through innovative solutions, including potential third-party partnerships.
As development advisor, B&D first conducted its proprietary Strategic Asset Value (SAV) work session methodology with senior leadership to prioritize strategic drivers and establish universal decision-making criteria that were applied in evaluating potential Auxiliary Services solutions. B&D applied prioritized strategic drivers to analyze each individual business unit’s performance, as well as identify potential synergies across the enterprise to align most valuably with NMSU’s vision.
B&D evaluated a spectrum of delivery approaches and resultant risk transfer for each business unit including, but not limited to self-operation, service agreements, concessionaire models, and ground leases. Next, B&D facilitated a clear, transparent public procurement process (Request for information, Request for Qualifications, and Request for Proposal) to finalize NMSU’s comprehensive partnership approach and external partners. B&D will assist in monitoring and administering the partnership to ensure that key performance indicators and contract parameters are implemented in alignment with governing agreements.