The Department of Water Resources is seeking a contractor to provide an enterprise software solution for the management and enhanced analysis of its $3 billion debt portfolio. The solution should be a cloud-based debt management software with unlimited licenses, customizable security roles, and robust audit log and change tracking. It should also have the ability to track all outstanding debt by CUSIP, provide automated report detailing outstanding and discharged debt, and have a comprehensive payment workflow tool. The contract will be for a term of three years, from July 1, 2025, to June 30, 2028. Key features of the required solution include: • Cloud-based debt management software • Unlimited licenses for internal and external professionals • Customizable security roles and robust audit log and change tracking • Ability to track all outstanding debt by CUSIP • Automated report detailing outstanding and discharged debt • Comprehensive payment workflow tool • Ability to facilitate and store any type of GL string in association with each obligation • Ability to calculate accrued interest and interest expense calculations as of specified dates • Ability to calculate premium or discount amortization including the current and long-term portions by effective and straight-line method