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Cloud-Based Financial Accounting System

Overview


Financial, Legal, HR & Staffing
Bismarck, North Dakota, United StatesPosted: August 4, 2026Deadline: September 14, 2026

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SUMMARY


The organization seeks a cloud-based financial accounting platform with implementation, support, financial reporting, investment data capture, and integrations with its pension administration and data analysis systems. The proposal deadline is September 14, 2026.

KEY REQUIREMENTS


BUDGET

Estimate

$15,500,000

CONTRACT DURATION


24 months

TIMELINE


RFP issued: August 3rd, 2026

Optional Preproposal Tele Conference: August 10th, 2026

Deadline for Submission of Questions and Objections: August 17th, 2026

Solicitation Amendment with Responses to Questions issued: August 25th, 2026

Deadline for Receipt of Proposals: September 14th, 2026

Initial evaluation completed: September 30th, 2026

Demonstrations or presentations: Week of October 12th, 2026

Proposal Evaluation completed: October 16th, 2026

Notice of Intent to Award issued: November 2026

QUESTION DEADLINE


August 17, 2026

CONTACTS


Primary procurement contact — name, title, email, and phone

Additional decision-makers and their departments

Issuing Agency


North Dakota Retirement And Investment Office

Organization overview and procurement intelligence available on paid plans.
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DESCRIPTION


The organization is seeking a vendor to provide a cloud-based financial accounting system, including system infrastructure, implementation, deployment, and ongoing support. The solution must support data entry and editing controls; data search, querying, and display; document management; report design and generation; financial reporting; chart of accounts design and management; general ledger functionality; accounts payable; and accounts receivable.

The system must integrate with external systems and data sources and support the generation of monthly financial statements and supporting schedules for the annual comprehensive financial report. It must also capture monthly detailed data, including investment transactions, account valuations, and related allocations, from the custodian book of record.

The cloud-based Neospin platform currently serves as the pension administration system for the Teachers’ Fund for Retirement and manages client and financial activity. The selected solution will need to support two-way integration between the accounting system and a data repository and analysis system. A pre-bid meeting is scheduled for August 10, 2026, and questions must be submitted by August 17, 2026.

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Frequently asked questions


When is the submission deadline?
Submissions are due September 14, 2026. Questions must be submitted by August 17, 2026.
What is the budget for this RFP?
Settle estimates the budget at $15,500,000. The issuer has not published an official figure.
Who issued this RFP?
It was issued by North Dakota Retirement And Investment Office. The work is located in Bismarck, North Dakota, United States.
Who is a good fit for this opportunity?
  • Cloud financial accounting software provider with implementation and managed support capabilities
  • Experience delivering general ledger, accounts payable, accounts receivable, and financial reporting systems
  • Proven expertise integrating accounting platforms with pension administration systems and external data repositories
  • Experience handling investment transactions, account valuations, and custodian book-of-record data
  • Ability to support public-sector or retirement fund financial reporting requirements

Analysis generated by Settle AI from the source RFP.

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Settle pieces together buyer signals, budgets, contract activity, and the sources your team already monitors. See why an opportunity fits and what to do before the RFP posts.

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