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  5. ›City of Mobile RFP #5563 PENSION PLAN MANAGEMENT SOFTWARE…

Awarded contract·City of Mobile·Alabama

City of Mobile RFP #5563 PENSION PLAN MANAGEMENT SOFTWARE, POLICE AND FIREFIGHTERS RETIREMENT PLAN

Won by Pension Technology Group$1.2MSingle Award
Contract source

Awarded vendors

  • Pension Technology Group

Description

The City of Mobile, Alabama, issued RFP #5563 to procure a cloud‑based pension‑administration software solution for its Police and Firefighters Retirement Plan. The scope includes secure data management, real‑time benefit calculations, a member self‑service web portal, integration with the city’s Tyler Munis financial system, extensive reporting, and migration of legacy data from multiple sources. Vendors must demonstrate prior experience on at least three comparable public pension plans, possess ISO/IEC 27001 or SOC 1/2 certifications, and deliver initial system capability within six months and full operational capability within eighteen months. The solicitation was open to full and open competition, with a proposal deadline of 5 p.m. on June 29 2021, and the contract was subsequently awarded to Pension Technology Group (award amount undisclosed). • Core deliverables: cloud‑hosted PAS, data migration, Tyler Munis integration, member portal, reporting, and ongoing support. • Mandatory qualifications: ≥3 public‑pension implementations, security certifications, and compliance with the city’s Code of Conduct. • Evaluation criteria weighted toward software functionality (40 pts), implementation plan (20 pts), qualifications (20 pts), and fee structure (20 pts).

Attached files

Key dates

Bids closed
6/29/2021

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Information Technology and Software Development
NAICS
541511
Solicitation №
5563

Contract value

$1,200,000

No explicit dollar amount is disclosed. Comparable municipal pension‑administration system contracts in the U.S. typically range from $500,000 to $2 million, depending on plan size (≈ 1,700 members, $250 M valuation) and the required data migration and integration effort. Assuming a mid‑range SaaS licensing fee of $150 k/yr, plus a one‑time implementation and migration effort of roughly $800 k, the total contract value likely falls in the $1 million to $1.3 million ballpark. This estimate reflects the need for robust security certifications, custom integration with Tyler Munis, and a relatively aggressive 6‑month initial‑capability timeline.

AI estimate from the award documents

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