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City of Colorado Springs·Colorado

Budget and Financial Reporting

Closes 5/20/2026$200k – $800kRequest for Information
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Description

The City of Colorado Springs is seeking vendor input on a software platform to replace its current Workiva solution for producing the municipal Budget Book and Annual Comprehensive Financial Report (ACFR). This non‑binding RFI aims to collect functional, cost, security, and accessibility information to decide whether to issue a formal RFP. Vendors must demonstrate capabilities in data‑driven narrative generation, robust formula support, real‑time collaboration, ADA‑compliant publishing, and compliance with an extensive IT Technology Rider. The response must include a cost estimate, company background, and answers to cybersecurity questions, and be submitted via the BidNet portal by the specified deadline. • Required software must integrate financial data, generate dynamic narratives, and produce print‑ready, WCAG 2.1 AA compliant documents. • Vendor must meet a detailed security and compliance rider covering governance, encryption, access controls, incident response, and cyber‑insurance. • Deliverables include cost estimate, company info, and answers to cybersecurity questions; optional migration, training, and 24/7 support are expected. • No contract award is implied; the City may issue a subsequent RFP based on responses.

Attached files

Contact

Sarah M. Lagunas(Procurement Services)

[email protected]

Key dates

Opened
4/22/2026
Questions due
5/8/2026
Closes
5/20/2026

Last updated

Details

Type
Request for Information
Industry
Information Technology and Software Development
NAICS
541512
Solicitation №
R26-038SL

Budget estimate

$200,000 – $800,000

No specific budget is disclosed, but a municipal‑scale enterprise software solution with licensing, implementation, training, and 24/7 support typically ranges from a few hundred thousand to under a million dollars. Assuming a mid‑size city like Colorado Springs, a reasonable estimate is $200,000 to $800,000 for the full solution and services. Factors influencing the range include number of user licenses, extent of data migration, customization depth, and support level.

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