FDIC's Portfolio Investment Management System Requirement
ID: CORHQ-24-R-0519Type: Solicitation
Overview

Buyer

FEDERAL DEPOSIT INSURANCE CORPORATIONFEDERAL DEPOSIT INSURANCE CORPORATION_

NAICS

Software Publishers (513210)

PSC

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

Original Source

https://sam.gov/opp/7c178b96c7e04126bdea095bfa35a495/view
Timeline
    Description

    The Federal Deposit Insurance Corporation (FDIC) is seeking proposals for a comprehensive cloud-based Portfolio Investment Management System (PIMS) to replace its existing system, PORTIA. The new system aims to enhance the FDIC's capabilities in managing cash, investments, and related business processes while ensuring compliance with federal security standards. This procurement is critical for maintaining operational efficiency and security in financial management, with key deliverables including data migration, user training, and ongoing maintenance support. Interested vendors must submit their proposals by 2 PM EST on January 3, 2025, and direct any questions to Hamilton Jackson at hamjackson@fdic.gov or by phone at 571-214-1297 before the extended deadline of 12 PM EST on December 13, 2024.

    Point(s) of Contact
    Hamilton Jackson
    (571) 214-1297
    hamjackson@fdic.gov
    Files
    Title
    Posted
    CORHQ-24-R-0519 A0001 Extend Questions Regarding Solicitation Due Date.pdf
    The document is an amendment to a government solicitation by the Federal Deposit Insurance Corporation (FDIC). It primarily serves to extend the deadline for submitting questions related to the solicitation number CORHQ-24-R-0519 to 12 p.m. on December 13, 2024. This adjustment updates the relevant section in the solicitation documents, specifically Section L - Instructions, Conditions, and Notices to Offerors. Despite this change, the due date for proposals remains unchanged at 2 p.m. EST on January 3, 2025. The amendment requires acknowledgment from offerors, with specific instructions for signing and returning the document. The contracting officer responsible for this amendment is Hamilton Jackson, whose contact information is provided for clarifications. Overall, the amendment emphasizes the FDIC's commitment to maintaining clear communication and accommodating stakeholders during the bidding process, aligning with typical practices in government RFP procedures.
    CORHQ-24-R-0519 Portfolio Investment Management System (PIMS).pdf
    The document is a solicitation for contracting services related to the Federal Deposit Insurance Corporation's (FDIC) Portfolio Investment Management System (PIMS). The FDIC seeks a cloud-based solution to replace its existing PIMS, which is critical for managing cash and investments. The contractor will provide implementation, data migration, testing, and overall maintenance. Key responsibilities include ensuring compliance with federal security standards and facilitating user training. The scope outlines various phases, including a base year and multiple option years, detailing required labor categories and estimated hours for each role involved. Additionally, the contractor must meet comprehensive performance and maintenance requirements, including ongoing security assessments and producing regular reports as part of a Service Level Agreement (SLA). Key functions of the system include analytics, cash management, investment transactions, and robust reporting capabilities. The proposal also mandates adherence to FDIC policies and relevant federal regulations, underscoring the importance of security, user experience, and system integration. This solicitation embodies the FDIC's commitment to maintaining operational efficiency and security in financial management while enhancing existing processes through innovative technology.
    CORHQ-24-R-0519 Portfolio Investment Management System (PIMS) Updated 12.6.24.pdf
    The document outlines a solicitation for a cloud-based Portfolio Investment Management System (PIMS) for the Federal Deposit Insurance Corporation (FDIC). It specifies the scope of work, which includes implementing a comprehensive solution to manage cash and investment processes, ensuring compliance with security standards outlined by federal regulations. The project involves system performance, user access management, and integration with existing FDIC systems. Key deliverables include data migration, maintenance support, security assessments, and user training. The contractor must adhere to a firm-fixed price contract for the base period with optional extensions, while performance management is governed by Service Level Agreements (SLAs) that detail metrics for incident response, system availability, and defect resolution. The document emphasizes the importance of security and privacy compliance, requiring the contractor to submit documentation for authorization to operate the PIMS. This comprehensive approach ensures that the FDIC's investment functions are efficient and secure and reflects government standards for IT acquisitions.
    PIMS Section B Price Schedule RFP(1).xlsx
    The document outlines the submission requirements and processes for procurement packages to the DIT (Department of Information Technology) at the FDIC. It lists mandatory artifacts needed for submission, such as managerial approval, market research estimates, budget codes, contract risk level designations, and security checklists. Specific forms, including the Statement of Work (SOW) or Statement of Objectives (SOO), must be included when applicable. Additionally, the document highlights the requirement for approvals for new technologies, emphasizing coordination with the Demand Management Working Group and SEATAB. Furthermore, it details the necessity for an IT Checklist when vendor access to FDIC data is involved, along with the timelines for processing requests. The document includes guidelines for Justification for Non-Competitive Procurement (JNCP) and other compliance requirements regarding contract values. The pricing structure for a Portfolio Investment Management project, including detailed labor categories and estimated hours for various roles, is also addressed, illustrating that the estimated hours do not guarantee actual contractual obligations. Overall, this document serves as a comprehensive guide for FDIC's procurement process, ensuring adherence to established protocols and regulatory standards.
    Lifecycle
    Title
    Type
    FDIC's Portfolio Investment Management System Requirement
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    Solicitation
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