Request for Information: School Funding Management System

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Title:  

Request for Information: School Funding Management System

Agency:  

Colorado Department of Education

State:  

Colorado

NAICS Code:  

541512

Industry:  

Education

Solicitation Type:  

Request for Information

Solicitation ID:  

RFI-DAAA-2025000055-1

Open Date:  

6/2/2025

Questions Due Date:  

6/12/2025

Close Date:  

7/1/2025

Last Updated:  

6/18/2025

Description:
The Colorado Department of Education (CDE) is seeking information from vendors to gather insights for the development of a future solicitation for a School Funding Management System. The system should be a cloud-based, integrated platform that can manage the calculation of the School Finance formula and programmatic auditing of inputs used in the Total Program funding calculations for Colorado's K-12 school districts. The key components of the system include a Data Integration Module, System Level Auditing & Internal Controls, School Funding Calculation Module, Transportation Module, Programmatic Audit Module, System Integration and Architecture, and User Interface, Training, and Documentation. The system must be able to automate key processes, provide real-time access to data, and generate accurate reports on funding allocations, audits, and compliance. • The system must be able to handle multiple funding formulas simultaneously. • The system must be able to improve data accuracy and efficiency. • The system must be able to support real-time legislative changes. • The system must be able to provide transparency and accountability. • The system must be scalable to accommodate future changes to funding formulas. • The system must be able to integrate with external systems, including the Data Pipeline, Data Warehouse, and Identity Management. • The system must have a user-friendly interface and provide ongoing support and training.
Attached Files:

Please visit the bid source via the “Link to Bid Source” button below for documentation.

Contact Information:

Elizabeth Wills(Purchasing Agent)

CDE_Purchasing@cde.state.co.us

Budget Estimate (AI):

$1,000,000 – $5,000,000

The budget for this project is not explicitly stated in the document. However, based on the scope and complexity of the project, it is likely that the budget will be in the range of $1 million to $5 million. This estimate is based on the fact that the project involves the development and implementation of a custom software solution for the Colorado Department of Education, which will require significant resources and expertise. The budget will likely depend on the specific requirements of the project, the experience and qualifications of the vendor, and the level of competition for the project.

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