Technology Solutions for Investment, Cash Management and Local Government Investment Pool (LGIP) Administration

The Virginia Department of the Treasury is seeking information from qualified vendors on commercially available technology solutions that can enhance its investment management, cash management, and Local Government Investment Pool administration capabilities. Currently relying on an internally developed Financial Management System, the agency aims to evaluate off-the-shelf options that offer improved automation, operational efficiency, stronger security, advanced reporting, streamlined workflows, better auditability, and seamless system integration, with the goal of reducing dependence on custom-built software. This initiative is driven by a desire to modernize and strengthen its financial operations through proven, scalable commercial technologies. This Request for Information, identified as RFI-124409, was posted on July 15, 2026, with responses due by August 14, 2026, and is not a solicitation or commitment to purchase. All submitted information will be used solely to inform future procurement planning and requirement development. Vendors are encouraged to respond by the deadline to help shape the Treasury’s path toward adopting more efficient and secure financial systems. All communications and submissions should be directed to Vernita Boone at the provided email and phone number, and the Virginia Department of Treasury, located at 101 N 14th Street in Richmond, VA, will manage the process as the sole point of contact.