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  5. ›RFP #2428 - BUDGETING SOFTWARE

Awarded contract·Housing Opportunities Commission of Montgomery County·Maryland

RFP #2428 - BUDGETING SOFTWARE

Won by Questica LTD$1.2MAwarded 9/9/2024Single Award
Contract source

Awarded vendors

  • Questica LTD

Description

This contract awards Questica LTD to provide a comprehensive budgeting software solution for the Housing Opportunities Commission of Montgomery County. The solution must support operating, personnel, and capital budgeting, integrate in real‑time with ADP Workforce Central and Microsoft Excel, include position‑based budgeting, and allow unlimited user access or disclose licensing limits. The contract also requires implementation, end‑user training, ongoing support, and a five‑year term with possible renewal at HOC’s discretion. Evaluation will weight functional capability (40 points), cost (20 points), qualifications (20 points), past performance (10 points), and MFD participation (10 points). • Mandatory features: income‑statement budgeting, capital planning, ADP/Excel integration, rolling forecasts, and interactive drill‑down reporting. • Deliverables include software, implementation plan, training, documentation, and post‑implementation support. • The agency requires background‑screening compliance, insurance (minimum $1 M professional liability), and adherence to HOC Works economic‑opportunity requirements.

Attached files

Key dates

Bids closed
11/21/2023
Intent to award
9/9/2024
Awarded
9/9/2024
Contract modified
11/15/2023
Duration
5 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Information Technology and Software Development
NAICS
541511
Solicitation №
RFP #2428

Contract value

$1,200,000

The RFP does not disclose a contract ceiling. Similar county‑wide budgeting software implementations typically range from $500,000 to $2 million depending on licensing model, integration complexity, and support scope. Given the five‑year term, extensive integration with ADP and Excel, and required training/support, a mid‑range estimate of around $1.2 million is reasonable. Factors influencing this estimate include the need for unlimited user licensing (or disclosed limits), the size of HOC’s budgeting staff, and the inclusion of ongoing maintenance and upgrades.

AI estimate from the award documents

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