Pari-Mutuel Accounting System (NDRC Only)

Active Contract vehicle North Dakota Awarded

Contract number
193-CHRI

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About this vehicle

The North Dakota Racing Commission (NDRC) Pari-Mutuel Accounting System contract provides a comprehensive web-based solution for auditing and tracking account wagering activities. The contract enables detailed financial monitoring, reporting, and analysis of pari-mutuel wagering data, including betting pools, horse racing information, and revenue tracking. The system supports Account Deposit Wagering (ADW) Companies, generates various reports, and ensures accurate tax and financial documentation for the North Dakota Racing Commission.

The contract is currently held by CHRIMS, Inc., located in Pleasanton, California, and is structured as a state term contract (Contract Number 193) with a current period of performance from July 22, 2011, through December 31, 2026. The vehicle covers the entire state of North Dakota and allows for potential bi-annual renewal options. Monthly compensation is set at approximately $4,000-$4,600, with the contract type being a firm fixed price agreement. The most recent amendment (Amendment 9) introduced additional provisions for third-party risk management, enhanced data security requirements, and potential integration of artificial intelligence and machine learning technologies.

Description

This contract is for a web-based pari-mutuel accounting system that will provide auditing and related information services. This contract is for North Dakota Racing Commission.

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