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North Dakota State Investment Board – Retirement & Investment Office·North Dakota

Financial Accounting and Data Repository and Analysis Information Systems

Closes 10/8/2026$10M – $30MRequest for Proposal
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Description

North Dakota’s Retirement & Investment Office (RIO) is seeking vendors to provide a cloud‑based financial accounting system (Category A) to replace Microsoft Dynamics GP and a data‑repository/analysis platform (Category B) for investment‑operations reporting. The work includes full‑lifecycle implementation, integration with PeopleSoft, Northern Trust custodial feeds, and Sagitec Neospin, as well as seven‑year maintenance, support, and optional hosting. Vendors must submit detailed technical and cost proposals, meet rigorous security (FedRAMP/StateRAMP) and authentication (Azure AD/B2C) requirements, and provide extensive documentation, training, and warranty support. • Category A: General ledger, fund accounting, AP/AR integration, GASB‑compliant reporting, migration from legacy GP. • Category B: Scalable data lake/warehouse, daily data ingestion, reporting dashboards, AI/ML optional features, and long‑term hosting. • Mandatory deliverables: kickoff, planning, gap analysis, design, interfaces, testing, training, implementation, post‑implementation reporting, and final acceptance. • Evaluation: 85 pts technical (minimum 55 pts) + 15 pts cost; lowest price receives full cost points. • Security: Must support Azure AD/B2C authentication, host under nd.gov domain, provide FedRAMP/HITRUST/StateRAMP evidence, and maintain 99.9 % availability with defined SLAs.

Attached files

Contact

Sowmya Karumanchi(IT Procurement Officer)

[email protected]

(701) 328-2690

Key dates

Opened
4/28/2026
Questions due
4/20/2026
Closes
10/8/2026
Duration
7 years

Last updated

Details

Type
Request for Proposal
Industry
Information Technology and Software Development
NAICS
541512
Solicitation №
SRC000205

Budget estimate

$10,000,000 – $30,000,000

The solicitation does not disclose a budget ceiling, but a full‑scale ERP replacement plus a data‑warehouse platform for a state agency typically ranges from $10 million to $30 million, depending on licensing, customization, integration complexity, and multi‑year support/hosting. The estimate accounts for software licenses, consulting services, data migration, training, and seven years of maintenance.

AI estimate from the solicitation

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