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Montana State University Procurement & Contract Services·Montana

Notice of Intent to Sole Source Tradespace IP Platform Enterprise

Closes 11/14/2025$720kSole Source
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Description

Montana State University Procurement & Contract Services is considering a request to award a Sole Source contract to Tradespace, Inc. for Tradespace IP Platform Enterprise, an Intellectual Property portfolio management tool. The tool must have specific features such as custom IP portfolio, patent application drafting, and AI functionality. The contract term is 10 years with an annual cost of $72,000. Interested vendors can provide written comments if they believe they can provide an equivalent product or service. • The tool must have a custom IP portfolio unique to the organization with data segmentation. • The tool must be able to examine research for patentable material and draft invention disclosure/patent application. • The tool must be able to evaluate the quality of an individual piece of IP across measures like novelty, defensibility, monetary likelihood. • The tool must be SOC-2 compliant and hosted on FedRAMP AWS. • The tool must have integrations available through Web APIs (including HubSpot).

Attached files

Contact

Cheri Toeniskoetter(Procurement & Contract Services)

[email protected]

(406) 994-3212

Key dates

Opened
10/31/2025
Questions due
11/14/2025
Closes
11/14/2025
Duration
10 years

Last updated

Details

Type
Sole Source
Industry
Information Technology and Software Development
NAICS
511210
Solicitation №
MSU-SolSour-2026-0771

Budget estimate

$720,000

The budget for this contract is estimated to be around $720,000 over 10 years, with an annual cost of $72,000. This estimation is based on the information provided in the document, which states that the total contract value (TCV) is anticipated to be $720,000. The factors that may influence the likely payment range include the contract term, the annual cost, and the specific requirements of the tool.

AI estimate from the solicitation

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