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Rhode Island Health and Educational Building Corporation·Rhode Island

Request for Proposals - Debt Management Platform

Closes 9/16/2026$200k – $600kRequest for Proposal
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Description

Rhode Island Health and Educational Building Corporation (RIHEBC) seeks a cloud‑based debt‑management platform to centralize its bond and loan portfolio, automate accounting, reporting, and compliance, and provide ongoing support. The solution must meet strict security and encryption standards, offer robust hosting and disaster‑recovery capabilities, include implementation, training, and a help‑desk, and be deliverable as a SaaS offering. • Cloud‑based software to manage debt issuance, service schedules, covenant monitoring, and document repository. • Full suite of reporting tools, AI‑driven disclosure alerts, and integration with financial‑statement preparation. • Mandatory security features: 256‑bit encryption, SOC 1/2 compliance, role‑based access, disaster‑recovery with defined RTO. • Vendor must provide implementation services, comprehensive training, and 24‑hour help‑desk support. • Contract is for an initial 1‑year term with up to three optional one‑year renewals.

Attached files

Contact

Dylan Zelazo(Executive Director)

[email protected]

(401) 831-3770

Key dates

Opened
8/26/2026
Questions due
9/4/2026
Closes
9/16/2026
Projected award
9/30/2026
Duration
1 year

Last updated

Details

Type
Request for Proposal
Industry
Information Technology and Software Development
NAICS
541512
Solicitation №
RIHEBC Debt Management Platform RFP

Budget estimate

$200,000 – $600,000

No contract value is disclosed, but a SaaS implementation for a state‑level agency typically ranges from $200,000 to $600,000 for the first year, covering software licensing, data migration, training, and support. Larger or more complex implementations could exceed $600k, while a minimal‑feature solution might be closer to $200k.

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