1. PUR 7776.pdf

PUR 7776 (01/16) Page 1 of 3 60A-1.045, F.A.C.

DESCRIPTION OF INTENDED

SINGLE SOURCE PURCHASE

(PUR 7776)

AGENCY: Department of Financial Services

TITLE: Smart IT Tools Treasure Quest Software Short description of the commodity or service desired: Software code to enable unique functionality to support critical business processes for the Division of Unclaimed Property.

CONTACT

Name: Andrea Brooks Address: 200 East Gaines Street, Larson Building, Room 146, Tallahassee, FL 32399 Telephone: 850-413-2070 Email: DFSPurchasing@myfloridacfo.com

Internal tracking number, if any: 2526-02 SS OIT

Date posted: 8/22/2025 Last day for receipt of information: 9/15/2025 at 9:30 AM ET

This description of commodities or contractual services intended for purchase from a single source is posted in accordance with Sections 120.57(3) and 287.057(3), Florida Statutes, and will remain posted for a period of at least 15 business days.

Commodity or Contractual Service Required (commodity or United National Standard Products and Services Code (UNSPSC), manufacturer, model, and description, as appropriate):

43231500: Business function specific software

Quantity or Term (as appropriate):

One-time purchase of Treasure Quest Software source code.

Requestor (division, bureau, office, individual, as appropriate):

Office of Information of Technology

Performance and/or Design Requirements (e.g. intended use, function or application, compatibility, requirements; reference to policy, rule, statute or other act of the Legislature, etc., as appropriate):

Requirements:

• Configurable Advanced Property Search Functionality providing criteria for engaging fuzzy search and multi-algorithm search.

• Unified Property Cart Feature with the ability to select multiple properties for simultaneous claim processing.

• Guided Claim Workflow Feature, which enforces all applicable business rules during claim processing, including fraud prevention.

• Automate Document Generation Feature

PUR 7776 (01/16) Page 2 of 3 60A-1.045, F.A.C.

• Claim Eligibility Validation Engine

• React Framework Enterprise Security Features

• Google CAPTCHA (reCAPTCHA) Integration

• Framework Support for Third-Party RESTful API Integrations with Smarty Address

Validation and LexisNexis Risk Solutions.

• Provision of software source code.

Intended Single Source:

SMART IT TOOLS, LLC

Estimated Dollar Amount:

$150,000.00.

Justification for single source acquisition (what is necessary and unique about the product, service or source; steps taken to confirm unavailability of competition, as appropriate):

The Florida Department of Financial Services (Department) requires acquisition of specific software code to enable unique functionality to support critical business processes for the Division of Unclaimed Property.

An evaluation showed that the TreasureQuest software is the only proven software that could be fully integrated into the Unclaimed Property Management Information System (UPMIS) and achieve the desired results without risky development of fulfilling the project goals. As a result, the Department is interested in acquiring the software source code to allow complete integration with the UPMIS.

The source software code in question is proprietary intellectual property developed and owned exclusively by Smart IT Tools LLC. No other vendor has legal rights to furnish, reproduce, modify, or distribute the source software code.

The Smart IT Tools LLC code is uniquely designed to integrate seamlessly with our existing Unclaimed Property Management Information System, ensuring uninterrupted operations. There are no other companies that can provide this unique software that integrates seamlessly with the existing system. Using Smart IT Tools LLC will ensure no compatibility issues, data integrity risks, or security vulnerabilities.

Smart IT Tools LLC possesses specialized technical expertise and intimate knowledge of the software architecture, which is essential for efficient customization, support, and maintenance of the code. No other vendor can provide this proprietary software code.

Timely acquisition and deployment of this code is critical for meeting division requirements and deadlines.

For the reasons outlined above, the Department requests a sole-source procurement of the required source software code from SMART IT TOOLS, LLC to ensure technical compatibility, maintain operational integrity, minimize costs, and meet critical timelines.

PUR 7776 (01/16) Page 3 of 3 60A-1.045, F.A.C.

Approved By (names & titles, as appropriate, e.g., requestor, requestor management, information systems, budget, purchasing):

Thomas Biance, Office of Information Technology Susan Eto, Office of Information Technology Andrea Brooks, Office of Purchasing and Contractual Services Scott Stewart, Chief Information Officer Gabrielle Mercogliano, Office of the General Counsel James Ross, Office of the General Counsel Amy Jones, Office of Purchasing and Contractual Services Scott Fennell, Deputy Chief Financial Officer, Finance and IT delegate Chief of Staff

Prospective vendors are requested to provide information regarding their ability to supply the commodities or contractual services described. If it is determined in writing by the agency, after reviewing any information received from prospective vendors, that the commodities or contractual services are available only from a single source, the agency shall: provide notice of its intended decision to enter a single-source purchase contract in the manner specified in Section 120.57(3), F.S.