The contract is for a Budgeting, Analysis, & Reporting Software (BARS) Solution, and it was awarded to OneStream after an evaluation committee reviewed all written proposals and other relevant information. The contract's scope of work includes providing a software solution that meets the university's needs and project outcome objectives. Key factors in the evaluation included the product's overall functionality, feature options, configurability, customizability, compatibility with existing systems, integration capabilities, and the ability to provide a high-quality user experience.
• The RFP was issued on November 20, 2023, and the bid submission deadline was January 9, 2024.
• The contract is for a software solution to support the university's budgeting, analysis, and reporting needs.
• The evaluation committee considered factors such as product functionality, compatibility, and customer support in making its recommendation.
• The contract award is subject to the terms and conditions of the RFP and the university's procurement policies.