Revolving Fund Infrastructure Administration, Financial and Project Tracking Software

Overview

Software, Web & Mobile Development

Maine, United StatesPosted about 1 month agoDeadline: May 8th, 2026

Fit Score

Settle Intelligence

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SUMMARY

Solicitation for a SaaS software platform to manage all aspects of a revolving fund infrastructure program, including financial and project tracking, for a Maine agency.

KEY REQUIREMENTS

Must have at least ten continuous years of experience in implementing and managing solutions for SRF programs
Must have implemented and currently support ten state SRF programs in the last ten years
Must not have been suspended or debarred from doing business with the Federal Government or any governmental entity
Must be able to provide a SaaS solution
Must meet FedRAMP security standards
Must provide a SOC 2 Type II report annually
Must be able to migrate up to 35 years of historical data
Must provide a 180-day stabilization period following Go Live

BUDGET

Estimate

$250,000 – $750,000

CONTRACT DURATION

24 months

TIMELINE

Submitted Questions Due Date: April 24th, 2026

Proposal Submission Deadline: May 8th, 2026

Initial Period of Performance Start Date: May 1st, 2026

QUESTION DEADLINE

April 24th, 2026

Issuing Agency

Department Of Environmental Protection

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DESCRIPTION

The agency is seeking a vendor to provide a modern, commercial-off-the-shelf (COTS), web-based, vendor-hosted SaaS solution designed to administer and manage the complete lifecycle of its revolving fund infrastructure program. This program encompasses financial, programmatic, and wastewater infrastructure project management and automation of workflows. The selected solution will support processes such as below-market interest rate loans for the construction of wastewater facilities, distribution systems, and stormwater quality improvement projects.

Key functionalities include automating program workflows, online data entry and retrieval, storage of supporting documents, and comprehensive reporting for both current and historical projects. The system must replace the agency's legacy Access-based system, streamlining both financial and project management activities. It must handle the entire loan lifecycle—application, review, approval, loan closing, disbursement, monitoring, and closeout—as well as the complete project lifecycle, accommodating various contracting methods, plan/spec review, compliance and environmental tracking, and construction monitoring. The solution should also offer document management with annotation capabilities, application tracking with configurable scoring, milestone and progress tracking, and robust financial management including grant and loan tracking with flexible amortization structures.

The anticipated contract will be for one year. Prospective vendors must ensure the solution meets all requirements for automation, operational efficiency, and detailed financial and project tracking within the agency’s infrastructure program.

Source attribution

This Settle analysis is based on the issuing organization’s public RFP listing.