City of San Diego PlanetBids #10090472-27-S

San Diego Seeks GASB 87 & GASB 96 Lease and SBITA Management Software Solution

The City of San Diego is seeking a cloud-based software solution for lease and subscription-based IT arrangement management, compliant with GASB 87 and GASB 96 standards. - Government Buyer: - City of San Diego Department of Finance - Solicitation managed by Jeffrey Peelle - Products/Services Requested: - GASB 87 Lease Management Software - Must track, account for, and report lessee and lessor lease agreements - Support journal entries, footnote disclosures, cost center allocations, and amortization schedules - GASB 96 Subscription-Based IT Arrangement (SBITA) Management Software - Must track, account for, and report SBITA agreements - Robust reporting and internal controls - Implementation and configuration services - Integration with SAP and REportfolio (EDD Lease Software) - Data migration, user training, ongoing technical support - Requirements: - Cloud-based SaaS solution - Integration with City systems (SAP, REportfolio) - Support for approximately 100 leases and 50 SBITAs - Compliance with City IT security, data privacy, and hosting standards - Demonstrated experience with GASB 87/96 in local government, including airport, IT, and real estate agreements - Implementation deadline for production by May 31, 2027 - Service level and insurance requirements - No specific OEMs or vendors named; open to qualified software providers - Contract term is five years, with possible extension by City Council ordinance

Description

The City of San Diego's Department of Finance is seeking a comprehensive software solution to manage leases and subscription-based IT arrangements in compliance with GASB Statement No. 87 and GASB Statement No. 96. The software must track, account for, and disclose all relevant information for both lessee and lessor agreements. The contract term is five years from the effective date, and the City requires experience in implementing GASB 87 and GASB 96 in local government contexts. Vendors must submit one original hard copy and one electronic copy or an electronic bid via the PlanetBids portal.

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