Description
The State of North Dakota is seeking a cloud‑based financial accounting system (FAS) to replace its legacy Microsoft Dynamics GP solution. The contract will cover software licensing, implementation, data migration, integration with PeopleSoft, custodial data feeds, and ongoing support. The award will be a best‑value selection with an estimated total budget of $15.5 million shared with a companion data‑repository project, and the implementation is expected to be completed by the end of 2029.
• Core functionalities: General Ledger, chart‑of‑accounts, financial reporting, vendor invoice processing (integration to PeopleSoft), and automated reporting for the Annual Comprehensive Financial Report.
• Required integrations: Northern Trust custodian data, Sagitec NeoSpin/TFFR pension system, PeopleSoft ERP, and the concurrently procured Data Repository & Analysis System (DRAS).
• Security & compliance: FedRAMP Moderate (or equivalent) cloud authorization, Azure AD/Entra ID SSO, 6‑year log retention, and all data must reside within the continental United States.
• Implementation timeline: Proposals due 14 Sep 2026; contract award anticipated Nov 2026; 2‑year initial term with possible renewals, and go‑live targeted by end‑2029.