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Awarded contract·Arkansas State University·Arkansas

Diploma Credential Solutions

Won by Parchment LLC$500kSingle Award
Contract source

Awarded vendors

  • Parchment LLC

Description

This contract is a solicitation for Diploma Credential Solutions, a service that enables the creation, verification, and delivery of digital diplomas and transcripts. Alabama State University issued an RFP (RFP 23‑21) on May 16 2023, and the award was made to Parchment LLC, a provider of credential‑management platforms. The award details, including value, term, and contact information for the vendor, are not disclosed in the provided excerpt. • Scope of work: Provision of a cloud‑based platform for issuing, authenticating, and sharing digital academic credentials. • Vendor: Parchment LLC, a national SaaS provider specializing in digital credential services for higher education institutions. • Procurement: Competitive RFP process conducted by the university’s procurement services; no award date or contract value is publicly listed.

Attached files

The award documents live at the source — open the contract source above to download them.

Key dates

Bids closed
5/16/2023

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Education
NAICS
511210
Solicitation №
RFP 23-21

Contract value

$500,000

The public excerpt does not reveal a monetary amount. However, contracts for enterprise‑level credential‑management platforms at public universities typically range from a few hundred thousand to low‑million dollars, depending on licensing tiers, user volume, and implementation services. Considering that Alabama State University is a mid‑size public institution and the solution likely includes a multi‑year license with integration support, a reasonable ballpark estimate would be between $400,000 and $700,000. Factors influencing this estimate include the number of students served, required custom integration with existing student information systems, and ongoing support/training.

AI estimate from the award documents

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