CONSULTINGRECOMMENDED

Penn State Recommends McKinsey Transformation Agreement

Penn State’s Finance and Investment Committee recommended approval of an agreement with McKinsey & Company to support institutional transformation and growth and efficiency initiatives. The proposed services include transformation planning, implementation support, and performance measurement, with financial terms to be negotiated.

Document date · September 18, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
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Scope & details

The full contract record, as filed.

Contract type
CONSULTING
Contract term
Professional Services Agreement entered April 10, 2026; additional Statement of Work or similar agreement proposed
Renewal
Builds on a Professional Services Agreement entered April 10, 2026; proposed Statement of Work or similar agreement will define additional services and performance-based fee terms.
Document type
AgendaPacket
Source document
The Pennsylvania State University AgendaPacket Consolidated Action Items 2026-09-18

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the consulting contract by PA-State-Pennsylvania State University?

Mckinsey & Company Inc was awarded this consulting contract by PA-State-Pennsylvania State University, as recorded on September 18, 2026.

What type of contract is this?

This is a Consulting contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in The Pennsylvania State University AgendaPacket Consolidated Action Items 2026-09-18 (AgendaPacket), dated September 18, 2026 from PA-State-Pennsylvania State University. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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