1-7127-26-EUA, Notice of Intent to Award a Sole Source to Ironclad for Contract Lifecycle Management Software (CLM).docx
DOCX document 178 KB Posted
- Solicitation number
- 712726
- Issued by
- Henderson County, Texas
About this file
This is a Notice of Intent to Award a Sole Source contract from Lubbock Power & Light (LP&L), a municipal electric utility in Texas. LP&L intends to procure Ironclad Contract Lifecycle Management (CLM) software to support its contract management operations. The notice outlines LP&L's determination that Ironclad is the sole vendor capable of meeting the organization's specialized operational, technical, and security requirements. The software is required to provide unified contracting environments with automated workflows, native clause management, structured data extraction, and seamless integration capabilities with existing enterprise systems, including Vena and other recordkeeping tools, without requiring custom middleware or multivendor configuration. Written responses from interested vendors or firms must be submitted by May 13, 2026, at 2:00 p.m. CST through the Lubbock Power & Light Bonfire portal and should be directed to Felix Orta, Purchasing Manager, at the LP&L offices located at 1314 Ave K, 5th Floor, Lubbock, Texas 79401.
The estimated contract amount is $99,999. To be considered as an alternative vendor, respondents must demonstrate a minimum of five years of contract management software development and usage experience, possess municipal government experience, and provide evidence of capabilities in workflow management and approval process controls. Interested parties must submit their name, address, point of contact, telephone number, and details regarding the contract management software they offer. LP&L's extensive market research has not identified any alternative vendor offering the same combination of workflow automation, security compliance, auditability features, and utility-specific configuration functions as Ironclad.
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Text version
DATE: May 1, 2026
7127-26-EUA, Notice of Intent to Award a Sole Source to Ironclad for Contract Lifecycle Management Software (CLM)
Written Response Due: May 13, 2026, by 2:00 p.m. CST
Electronic Address: https://lpandl.bonfirehub.com/portal/?tab=openOpportunities
Prospective Manufacturer: Ironclad
Estimated Amount: $ 99,999
Description: Contract Lifecycle Management Software (CLM)
Lubbock Power & Light (LP&L) intends to purchase Ironclad Contract Lifecycle Management Software.
After reviewing various software vendors and solutions, Ironclad’s software is the only known contract lifecycle management (CLM) platform that will fully meet the specialized operational, technical, and security requirements of LP&L.
Ironclad provides a unified contracting environment with automated workflows, native clause management, structured data extraction, and seamless integration capabilities that are not available from any other vendor.
LP&L requires a platform capable of integrating with existing enterprise systems, including Vena and other record‑keeping tools, without the need for custom middleware or multi‑vendor configuration. Ironclad uniquely provides these integration capabilities out‑of‑the‑box.
Extensive market research conducted by LP&L has not identified any alternative vendor that offers the same combination of workflow automation, security compliance, auditability features, and utility specific configuration functions.
Because Ironclad is the only platform capable of meeting these operational and compliance driven requirements within a municipality, LP&L intends to purchase the above-mentioned goods or services on a Sole Source basis.
Criteria:
If responding the following criteria must be met to be considered:
· Contract Management Software development and usage a minimum of 5 years.
· Municipal experience required.
· Workflow management
· Approval process controls
Interested firms or individuals may identify their interest and capability in responding to the requirement by submitting in writing their name, address, point of contact, telephone number and contract management software offered.
All responses must be received within specified time and must be addressed in writing and uploaded on the Lubbock Power & Light Bonfire portal.
ATTN: Felix Orta, Purchasing Manager Electric Utilities, Lubbock Power & Light, 1314 Ave K – 5th Floor, Lubbock, Texas 79401.
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