Lease and SBITA Management System (Multi-Step IFB)

The Washington Suburban Sanitary Commission (WSSC), serving nearly 1.9 million residents across Montgomery and Prince George's Counties in Maryland, is seeking to enhance its contract management capabilities for leases and subscription-based IT agreements. Established in 1918 and operating as a major regional water and sewer utility covering close to 1,000 square miles, WSSC implemented GASB standards related to leases and IT subscriptions in recent years. Currently, their Accounting Division manually oversees about 105 contracts, including payment schedules, amortization, journal entries, and disclosures, using Excel, which highlights the need for a more automated and efficient system. To address this, the WSSC's Information Technology Department issued a solicitation titled "Lease and SBITA Management System (Multi-Step IFB)" with a deadline for responses on February 16, 2026. This procurement aims to acquire a system that streamlines management of leases and Subscription-Based Information Technology Agreements (SBITAs) to improve tracking, accounting, and reporting processes. Contact for the solicitation is managed through WSSC's Sr IT Contract Administrator and Procurement Specialist II, both based in Maryland, reflecting the agency’s commitment to upgrading its technology infrastructure in support of regulatory compliance and operational efficiency.