District of Columbia Cobblestone Systems #CFOPD-19-C-047

Award and Modifications: Kyriba Treasury Management System SaaS for DC Office of Finance & Treasury

The District of Columbia Office of the Chief Financial Officer, Office of Finance & Treasury, has awarded and modified a multi-year contract to Kyriba Corp for a comprehensive SaaS Treasury Management System (TMS) solution. - Government Buyer: - District of Columbia, Office of the Chief Financial Officer, Office of Finance & Treasury, Office of Contracts - OEM and Vendor: - Kyriba Corporation (OEM and sole vendor) - Products and Services Requested: - Treasury Management System (TMS) Licenses (multiple years and options) - TMS Implementation, Hosting, Maintenance, and Support - Sandbox Environment (annual and one-time fees) - Bank Statement Forwarding (annual and one-time fees) - AP Payment Hub (annual SaaS and one-time fees) - Payments Screening (Sanctions/OFAC, via FircoSoft; annual and one-time fees) - Fraud Module (annual and one-time fees) - Premium Support and Platinum Support (annual) - Premium Security Services (enhanced security, breach notification, penetration testing) - Business Intelligence (BI) Module (data visualization, dashboards, BI Data as a Service, BI Visual users) - Additional Payment Primary and Secondary User Licenses - General Ledger (GL) Module integration with Oracle - Consulting Services (implementation, integration, migration, project management, third-party coordination) - On-site Training and Support (2, 3, and 4-day packages) - VAS Package (advanced training, 100 hours) - Notable Requirements: - Integration with multiple banks and ERP systems (notably Oracle) - Advanced notification of breach and regular penetration testing - Sanctions/OFAC screening through FircoSoft - Flexible consulting and professional services for migrations and integrations - Annual SaaS subscription model with firm fixed pricing and option years - All modifications and change orders incorporated for scope and administrative updates - Contract Value: - Cumulative not-to-exceed value exceeds $2.6 million - Period of Performance: - Base year plus four one-year option periods (all exercised), with current term extending into 2025 - Place of Performance and Delivery: - Office of the Chief Financial Officer, Office of Finance & Treasury, 1101 4th Street, SW, Suite 850 West, Washington, DC 20024 - Contracting Office: 1100 4th Street, SW, Suite E610/E620, Washington, DC 20024

Description

The District of Columbia Office of the Chief Financial Officer, Office of Contracts, on behalf of the Office of Finance & Treasury, has awarded a contract to Kyriba Corp to provide, implement, and host a SaaS cloud-based Treasury Management System (TMS). The system will have capabilities for cash management, payments, bank relationship management, and investment functions. The contract includes four one-year option periods, all of which have been exercised, with the current term running from June 28, 2024, to January 31, 2025.

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