Texas DIR/ESBD #IFB-FY26-RITM1213601-Adaje-TWDB

Texas DIR seeks Adaje Platform software for Texas Water Development Board

This procurement seeks a cloud-based municipal bond management solution for the Texas Water Development Board, facilitated by the Texas Department of Information Resources (DIR). - Government Buyer: - Texas Department of Information Resources (DIR), on behalf of Texas Water Development Board (TWDB) - OEMs and Vendors: - Adaje (Adaje Platform) - Products/Services Requested: - Adaje Platform (cloud-based software for municipal bond lifecycle management) - 3 full access user licenses (annual subscription) - One-time onboarding fee - 6 hours of user training - Optional renewals for years 2 and 3 (3 users each year) - Unique or Notable Requirements: - Solution must support live collaboration, bulk data import from the Municipal Advisory Council of Texas bond database, and conversion of official offering documents into structured data - Functional requirements: modeling debt instruments, swaps, financial statistics, reporting, sensitivity analysis, and refunding monitoring - Strict brand, make, and model specification (Adaje Platform only) - Compliance with Texas EIR accessibility standards (WCAG 2.1 AA, 1 TAC 206, 1 TAC 213), including Accessibility Conformance Reports (ACRs) and PDAA self-assessment - Subcontracting Plan required for bids $100,000 or more - Open to Texas-based vendors only - Period of Performance: - Initial 12-month contract, with options for two additional 12-month extensions - Estimated Contract Value: - Approximately $95,000 - Place of Performance: - Texas Water Development Board (primary user agency) - Texas Department of Information Resources (contracting authority)

Description

This Invitation for Bid (IFB) solicits responses to provide the Adaje Platform, a cloud-based software for the public finance sector, to the Department of Information Resources (DIR) for use by the Texas Water Development Board (TWDB). The platform supports the municipal bond lifecycle, including structuring, marketing, and post-issuance management, with features such as live collaboration, bulk data imports, and conversion of official documents into structured data. The contract term is 12 months with options to extend. Bidders must conform exactly to the specifications and include a Subcontracting Plan if bidding $100,000 or more.

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