Description
The State of North Dakota is procuring a comprehensive Financial Accounting System (FAS) to replace its existing PeopleSoft‑based finance environment. The contract includes software licensing, implementation, data migration, integration with PeopleSoft, Northern Trust custodian data, NeoSpin pension administration, and a separate data‑repository system, as well as 120 days of post‑implementation hyper‑care support. The State expects a solution that meets GAAP/GASB reporting, ADA‑compliant PDF outputs, U.S.‑hosted data residency, FedRAMP‑Level security, and Azure AD single‑sign‑on, with a total estimated budget of $15.5 million for software, implementation and seven‑year support.
• Core functional areas: General Ledger, Accounts Payable/Receivable, Fixed‑Asset Management, Budget/Planning, Cash Management, and ACFR reporting.
• Required integrations: PeopleSoft (vendor/payments), Northern Trust (custodial data), NeoSpin (pension data), and a separate Data Repository (DRAS) procurement.
• Implementation timeline: award expected Apr 2027, with contract term of 2 years after final acceptance and optional renewals up to 4 years; implementation to be completed by end‑2029.
• Vendor obligations: provide SaaS or on‑premise solution, meet security certifications (FedRAMP/HITRUST/StateRAMP), supply 120‑day warranty, 15 % retainage, and adhere to ND VIEW project‑management processes.