RFP 215460192DP - Lease Management and Accounting Soluiton

Virginia Commonwealth University is seeking qualified firms to provide a comprehensive lease management and accounting solution to support its portfolio of over 250 real estate leases and agreements, encompassing ground, office, retail, and specialty-use properties. The system must deliver robust reporting capabilities with a high degree of accuracy, enabling the generation of timely, customizable reports that support financial planning, regulatory compliance, and strategic decision-making for the university’s real estate portfolio. Proposals must demonstrate the ability to integrate seamlessly with existing financial and operational systems while ensuring data integrity and scalability across diverse lease types and locations. The solicitation, numbered RFP-120582 and titled RFP 215460192DP - Lease Management and Accounting Solution, was posted on May 18, 2026, with responses due by June 18, 2026. The procurement falls under NAICS code 541219 and is targeted at state and local government entities. All proposals must be submitted through the designated vendor portal, and inquiries should be directed to Dana Parent at dmparent@vcu.edu or 804-628-2897. Performance of the contract will be centered at Virginia Commonwealth University in Richmond, Virginia, with the selected vendor expected to deliver a solution that meets the university’s evolving needs for accuracy, efficiency, and reporting precision across its extensive real estate holdings.