State and Local Government Finance Division Debt Management Solution

2026-11-03

The purpose of this Request for Proposal ( RFP ) is to solicit proposal offers from qualified Vendors to provide a modern debt management software solution for The North Carolina Department of State Treasurer ( NCDST ) State and Local Government Finance Division ( SLGFD ) to support activities related to issuance and management of government debt instruments . The NCDST SLGFD seeks a Vendor to provide a single sign on Software as a Service ( SaaS ) solution for debt management to monitor issuance of all State debt , local government debt , as well as maintain all debt records and debt schedules . This solution provides the ability to display , collect , transfer , receive , and log data entered directly into the solution and sent through third - party entities . These services constitute a Debt Management Service to the State and Local Government Finance Division . RFP REQUIREMENTS AND SPECIFICATIONS 3 . 1 GENERAL REQUIREMENTS AND SPECIFICATIONS 3 . 1 . 1 REQUIREMENTS Requirement means , as used herein , a function , feature , or performance that the System must provide . If the offeror cannot meet the requirements , they will not be evaluated . 3 . 1 . 2 SPECIFICATIONS Specification means , as used herein , a detailed description that documents the function and performance of a system or system component . The apparent silence of the specifications as to any detail , or the apparent omission of detailed description concerning any point , shall be regarded as meaning that only the best commercial practice is to prevail and that only processes , configurations , materials and workmanship of the first quality may be used . Upon any notice of noncompliance provided by the State , Vendor shall supply proof of compliance with the specifications . Vendor must provide written notice of its intent to deliver alternate or substitute Services , products , goods or other Deliverables . Alternate or substitute Services , products , goods or Deliverables may be accepted or rejected in the sole discretion of the State ; and any such alternates or substitutes must be accompanied by Vendor ’ s certification and evidence satisfactory to the State that the function , characteristics , performance and endurance will be equal or superior to the original Deliverables specified . 3 . 1 . 3 SITE AND SYSTEM PREPARATION Vendors shall provide the Purchasing State Agency complete site requirement specifications for the Deliverables , if any . These specifications shall ensure that the Deliverables to be installed or implemented shall operate properly and efficiently within the site and system environment . Any alterations or modification in site preparation , which are directly attributable to incomplete or erroneous specifications provided by the Vendor , and which would involve additional expenses to the State , shall be made at the expense of the Vendor . 3 . 1 . 4 EQUIVALENT ITEMS Whenever a material , article or piece of equipment is identified in the specification ( s ) by reference to a manufacturer or Vendor ’ s name , trade name , catalog number or similar identifier , it is intended to establish a standard for determining substantial conformity during evaluation , unless otherwise specifically stated as a brand specific requirement ( no substitute items will be allowed ). Any material , article or piece of equipment of other manufacturers or Vendors shall perform to the standard of the item named . Equivalent offers must be accompanied by sufficient descriptive literature and / or specifications to provide for detailed comparison . 3 . 1 . 5 ENTERPRISE LICENSING In offering the best value to the State , Vendors are encouraged to leverage the State ’ s existing resources and license agreements , which can be viewed here : https :// it . nc . gov / resources / statewide - it - procurement / statewide - it - contracts a ) Identify components or products that are needed for your solution that may not be available with the State ’ s existing license agreement . b ) Identify and explain any components that are missing from the State ’ s existing license agreement . c ) If the Vendor can provide a more cost - effective licensing agreement , please explain in detail the agreement and how it would benefit the State . 3 . 2 SECURITY SPECIFICATIONS 3 . 2 . 1 SOLUTIONS NOT HOSTED ON STATE INFRASTRUCTURE This procurement will be required to receive and securely manage data that is classified as Medium Risk . Refer to the North Carolina Statewide Data Classification and Handling policy for more information regarding data classification . The policy is located at the following website : https :// it . nc . gov / document / statewide - data - classification - and - handling - policy . To comply with the State ’ s Security Standards and Policies , State agencies are required to perform annual security / risk assessments on their information systems using NIST 800 - 53 controls . This requirement additionally applies to all Vendor - provided , agency - managed Infrastructure as a Service ( IaaS ), Platform as a Service ( PaaS ), and Software as a Service ( SaaS ) solutions which will handle data classified as Medium Risk ( Restricted ) or High Risk ( Highly Restricted ) data . ( a ) Upon request , Vendors shall provide a current independent 3rd party assessment report in accordance with the following subparagraphs ( i )-( iii ) prior to contract award . However , Vendors are encouraged to provide a current independent 3rd party assessment report in accordance with subparagraphs ( i )-( iii ) at the time of offer submission . ( i ) Federal Risk and Authorization Management Program ( FedRAMP ) certification , SOC 2 Type 2 , ISO 27001 , or HITRUST are the preferred assessment reports for any Vendor solutions which will handle data classified as Medium Risk ( Restricted ) or High Risk ( Highly Restricted ). ( ii ) A Vendor that cannot provide a preferred independent 3rd party assessment report as described above may submit an alternative assessment , such as a SOC 2 Type 1 assessment report . The Vendor shall provide an explanation for submitting the alternative assessment report . If awarded this contract , a Vendor who submits an alternative assessment report shall submit one of the preferred assessment reports no later than 365 days of the Effective Date of the contract . Timely submission of this preferred assessment report shall be a material requirement of the contract . ( iii ) An IaaS vendor cannot provide a certification or assessment report for a SaaS provider UNLESS permitted by the terms of a written agreement between the two vendors and the scope of the IaaS certification or assessment report clearly includes the SaaS solution .

North Carolina

2026-05-05