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Arkansas Office of State Procurement·Arkansas

Financial Software

Closes 9/4/2025$200k – $500kRequest for Proposal
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Description

The State of Arkansas is seeking a financial software solution to manage its financial operations. The selected vendor will be required to provide a comprehensive software solution that integrates with existing systems, including the Arkansas Administrative Statewide Information System (AASIS) and S4 Hanna. The software must be compatible with existing systems and provide for disaster recovery. The department anticipates approximately 40-50 concurrent users and may need access for additional users in the future. The vendor will be required to provide performance metrics and negotiate performance standards during the discussions phase of the solicitation process. • The software must integrate with AASIS and S4 Hanna • The software must be compatible with existing systems • The vendor must provide for disaster recovery • The department anticipates approximately 40-50 concurrent users • The vendor will be required to provide performance metrics and negotiate performance standards

Attached files

Contact

Wendy Hickok(Purchaser)

[email protected]

(501) 324-9316

Key dates

Opened
8/4/2025
Closes
9/4/2025

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
511210
Solicitation №
S000000452

Budget estimate

$200,000 – $500,000

The estimated annual IT spend is $460,000, with $120,000 allocated to network and security services. Considering the scope of the project, which includes software development, integration, and maintenance, a reasonable estimate for the contract value could be between $200,000 and $500,000. This estimate takes into account the department's current technology spend and the potential costs associated with implementing a new financial software solution.

AI estimate from the solicitation

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