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North Dakota Retirement and Investment Office·North Dakota

Financial Accounting and Data Repository and Analysis Information Systems

Closes 9/16/2026$5M – $15MRequest for Proposal
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Description

The State of North Dakota seeks to replace its legacy Microsoft Dynamics GP system with two interoperable, cloud‑based solutions: (1) a Financial Accounting System (Category A) that provides full general‑ledger, AP/AR, budgeting, and GASB‑compliant reporting capabilities; and (2) a Data Repository & Analysis Platform (Category B) that delivers a data‑lake/warehouse, document management, analytics, and integration with custodial feeds and the Category A system. Both categories may be awarded to the same vendor or to different vendors, and must support integration via APIs, batch files, or middleware, with a minimum user base of 40 (Category B) and 20 (Category A). The contract will be a fixed‑price, multi‑year SaaS subscription with implementation services, maintenance, and hosting, and includes a 120‑day warranty and 15 % retainage held until final acceptance. The procurement is open to all qualified vendors, with a proposal deadline of 26 May 2026. • Two distinct solution categories – financial accounting (Category A) and data repository/analytics (Category B). • Mandatory integration with PeopleSoft, Northern Trust custodian feeds, and internal systems; support for Python and SQL for analyst use. • Required deliverables include full implementation lifecycle services (kick‑off, design, configuration, testing, training, transition, and post‑implementation reporting). • Contract term of 2 years after final acceptance, with optional renewals, and ongoing SaaS licensing, maintenance, and hosting fees.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Sowmya Karumanchi(IT Procurement Officer)

[email protected]

(701) 328-2690

Key dates

Opened
5/7/2026
Questions due
4/20/2026
Closes
9/16/2026
Duration
2 years

Last updated

Details

Type
Request for Proposal
Industry
Information Technology and Software Development
NAICS
541512
Solicitation №
SRC000205

Budget estimate

$5,000,000 – $15,000,000

No contract ceiling is disclosed, but enterprise‑level SaaS implementations of this scope typically range from several million to double‑digit millions of dollars over a multi‑year term. Assuming a 2‑year base term with licensing, implementation services, and annual maintenance, a reasonable ballpark is $5 million to $15 million total. Factors influencing the range include the number of user licenses (minimum 20–40), the depth of integration required, data migration volume (30 years of performance data, multiple custodian feeds), and optional value‑added features such as AI/ML analytics.

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