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).
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