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Maryland State Retirement Agency·Maryland

Workiva Financial Reporting module

Closes 6/5/2026$34k – $68kRequest for Quotation
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Description

The Maryland State Retirement Agency is seeking a vendor to provide professional services to support the implementation of quarterly interim financial reporting within their existing Workiva financial reporting solution for governmental pension reporting. The selected vendor will provide ongoing, as-needed support for both the financial reporting and government risk management solutions. The scope of work includes quarterly financial statement configuration, adaptation of annual statement preparation processes, implementation of conditional formatting, knowledge transfer, and training for Finance staff. The vendor will also provide ongoing support services, including technical support, report maintenance, system enhancements, user support, advisory support, and accessibility compliance support. • The vendor must be an approved partner of Workiva software. • The contract will be awarded to the responsible vendor submitting the most favorable (lowest) quote. • The quote provided needs to be valid for 90 days after the RFQ due date. • The winning vendor must be willing to accept a State-issued purchase order for the annual subscription. • The Agency reserves the right to cancel this Request for Quote.

Attached files

Contact

Jane Noble(Senior Procurement Officer)

[email protected]

Key dates

Opened
5/21/2026
Closes
6/5/2026
Duration
730 days

Last updated

Details

Type
Request for Quotation
Industry
Information Technology and Software Development
NAICS
541512
Solicitation №
BPM057152

Budget estimate

$34,000 – $68,000

The budget can be estimated based on the given not-to-exceed hours and the assumption of an average hourly rate for similar services. For the quarterly financial statement setup, the not-to-exceed hours are 40, and for the ad-hoc support/training, the not-to-exceed hours are 300 over a 2-year term. Assuming an average hourly rate of $100-$200, the total cost for the quarterly financial statement setup would be $4,000-$8,000, and the total cost for the ad-hoc support/training would be $30,000-$60,000 over the 2-year term. Therefore, the total budget for the contract could be in the range of $34,000-$68,000.

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