Opportunity
Massport #26-72
Somerville Seeks Cloud-Based Grant Management and Loan Servicing Software Solution
Posted
April 29, 2026
Respond By
May 20, 2026
Identifier
26-72
NAICS
541511, 541512
The City of Somerville, Massachusetts is seeking a cloud-based grant management and loan servicing software solution to support its municipal housing and economic development programs. - Buyer: City of Somerville, Procurement & Contracting Services Department - No specific OEMs or vendors are named; open to all qualified providers - Main product requested: - Comprehensive cloud-based grant management and loan servicing software - Must automate loan calculations, payment processing, compliance monitoring, and integrate with Munis/Tyler Technologies accounting system - Support for various loan types, automated invoicing, reporting, and HUD program compliance - Includes setup, implementation, portal design, data migration, transaction testing, staff training, and ongoing maintenance - Services required: - Implementation and support services (project management, business analysis, security, design, testing, data migration, staff training, maintenance, troubleshooting) - Notable requirements: - Vendors must demonstrate experience with federal grant programs and municipal clients - Solution must be fully functional within three months of contract start - Sealed proposal submission with all checklist documents, including technical and price proposals, work samples, business continuity plans, diversity certifications, and compliance forms - Firm proposal valid for ninety days - Place of performance: City of Somerville, 93 Highland Avenue, Somerville, MA 02143 - Contract period: One year, with possible optional renewal years at the City's discretion
Description
The City of Somerville, MA is soliciting proposals for a comprehensive cloud-based grant management and loan servicing software tailored for municipal housing and economic development programs. The software should automate loan calculations, payment processing, compliance monitoring, and integrate with existing accounting systems. Experience with federal grant programs and municipal clients may be required. Proposals must be submitted by May 20, 2026, with the contract anticipated to commence on July 1, 2026, and complete by June 30, 2027.