FDIC's Oracle Hyperion Cloud Subscription
ID: CORHQ-25-Q-0340Type: Solicitation
Overview

Buyer

FEDERAL DEPOSIT INSURANCE CORPORATIONFEDERAL DEPOSIT INSURANCE CORPORATION_

NAICS

Other Computer Related Services (541519)

PSC

IT AND TELECOM - BUSINESS APPLICATION SOFTWARE (PERPETUAL LICENSE SOFTWARE) (7A21)

Set Aside

No Set aside used (NONE)

Original Source

https://sam.gov/workspace/contract/opp/dbb1ed69fadd4dc5bac35dd1c7d9fe1b/view
Timeline
    Description

    The Federal Deposit Insurance Corporation (FDIC) is seeking quotes for the renewal of its Oracle Hyperion Cloud subscription, specifically for the Budget Formulation System (BFS) delivered as Software as a Service (SaaS). The procurement aims to ensure continued access to critical planning and budgeting tools, with the contract covering a base period from November 30, 2025, to November 29, 2026, and includes two optional one-year extensions. This renewal is vital for maintaining the FDIC's operational capabilities in budget formulation and enterprise performance management. Interested vendors must submit their quotes by 1:00 PM EST on October 8, 2025, and direct any questions to Ellisha Smith at ellismith@FDIC.gov or by phone at 571-212-4449.

    Point(s) of Contact
    Ellisha Smith
    (571) 212-4449
    ellismith@FDIC.gov
    Files
    Title
    Posted
    CORHQ-25-Q-0340-P00002.pdf
    This document is an amendment to Solicitation No. CORHQ-25-Q-0340, issued by the Federal Deposit Insurance Corporation (FDIC). The primary purpose of this amendment is to extend the Request for Quotation (RFQ) due date. The original solicitation, dated July 18, 2025, has been modified to extend the deadline for offer submissions to October 8, 2025, at 1:00 PM. All other terms and conditions of the original solicitation remain unchanged. Offerors must acknowledge receipt of this amendment by signing in the designated block and including the signed amendment with their proposal.
    CORHQ-25-Q-0340-P0001.pdf
    This document is an amendment to Solicitation No. CORHQ-25-Q-0340, modifying a request for quotation (RFQ) issued by the Federal Deposit Insurance Corporation (FDIC). The amendment primarily corrects the pricing schedule for a contract renewal related to the Budget Formulation System (BFS) within Oracle EPM Enterprise (formerly Hyperion), delivered as a software-as-a-service (SaaS) product via Oracle's GovCloud. Additionally, it extends the RFQ due date to October 2, 2025, at 1 PM. The contract renewal specifies a base period from November 30, 2025, to November 29, 2026, and includes two option periods, each for one year, covering Oracle Hyperion Cloud subscription and maintenance services. The amendment provides detailed line items for "Planning and Budgeting Cloud Service - Hosted Named User" and "Enterprise Performance Management for United States Government Cloud Service."
    CORHQ-25-Q-0340.pdf
    The document outlines a solicitation and award for a contract with the Federal Deposit Insurance Corporation (FDIC) for continued access to Oracle Hyperion Cloud services, specifically the Budget Formulation System (BFS). The primary purpose is to renew a subscription for Oracle's Commercial Off-The-Shelf (COTS) product delivered as a software service. The contract stipulates the initial performance period, extending from November 30, 2025, to November 29, 2026, with options for two additional years. Key provisions include details on socio-economic status, invoicing procedures, delivery requirements, contract administration data, and compliance regulations concerning information security. The contractor is responsible for protecting sensitive FDIC information and adhering to federal laws and standards regarding IT security. Payment terms emphasize the use of electronic funds transfer methods, and specific requirements are designated for submitting invoices. Overall, this solicitation exemplifies the government's structured approach in adhering to procurement regulations while ensuring the delivery of necessary IT services to support the FDIC's operational needs.
    Price Schedule SUB Oracle Hyperion Cloud.xlsx
    This document outlines a contract renewal for the Budget Formulation System (BFS), an Oracle COTS product delivered as Software as a Service (SaaS) from Oracle's GovCloud. The contract includes a base period from November 30, 2025, to November 29, 2026, and two option periods, each for one year, extending through November 29, 2028. The services procured are "Planning and Budgeting Cloud Service - Hosted Named User - Monthly Subscription" and "Enterprise Performance Management for United States Government Cloud Service - Each, Annual," both identified by CSI# 20371550. Each period includes 60 units of the monthly subscription and 1 unit of the annual service. This renewal ensures continued access to critical budget formulation and enterprise performance management tools for the FDIC.
    Price Schedule SUB Oracle Hyperion Cloud.xlsx
    The document outlines a contract renewal for the Budget Formulation System (BFS), utilizing Oracle's Planning and Budgeting Cloud Service, as part of the Federal Deposit Insurance Corporation (FDIC) procurement. This software, provided via a subscription model through Oracle's GovCloud, is specified for a base period performance from November 30, 2025, to November 29, 2026, with options for two additional periods extending to November 29, 2028. The pricing schedule includes multiple line items related to subscription maintenance, specifically covering 60 hosted named user subscriptions and additional licensing. These components reflect standard procurement practices in government contracting, aiming to ensure continuity of essential performance management and budgeting tools for federal operations. The purpose of the document is to formalize the terms and ongoing obligations associated with the software service, providing a structured approach to the acquisition and management of cloud resources critical for government budgeting and financial planning activities. Adherence to regular subscription renewals and maintenance is emphasized to maintain compliance and operational efficiency.
    Lifecycle
    Title
    Type
    FDIC's Oracle Hyperion Cloud Subscription
    Currently viewing
    Solicitation
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