Responses to this Request for Proposal shall be submitted electronically through email

The Massachusetts State College Building Authority is seeking proposals from qualified firms to supply and implement comprehensive financial management software solutions. The focus is on three key areas: debt management software, GASB 87 reporting and analysis tools, and post-issuance compliance/private activity analysis software, with an openness to additional capabilities that could enhance financial oversight and reporting. The selected vendor will be responsible for delivering, installing, training users, and maintaining these systems, which are intended to support the Authority’s municipal bond operations, accounting, and reporting needs. The contract is expected to span up to five years starting in February 2026, with an option to extend for an additional three years, and the project budget ranges from $500,000 to $2,000,000. Proposals must be submitted electronically by November 18, 2025, and will be evaluated based on the ability to meet the detailed scope of services outlined in the RFP. The Authority emphasizes the need for a Commercial-Off-The-Shelf solution that can seamlessly integrate with existing systems such as Sage 300CRE, and support the Authority’s bond portfolio management, financial reporting, and compliance requirements. The procurement aims to enhance the Authority’s capacity for accurate bond accounting, GASB 87 compliance, and post-issuance monitoring, ensuring robust financial oversight and transparency for the duration of the contract.