FDIC's Oracle Hyperion Cloud Subscription

The Federal Deposit Insurance Corporation (FDIC) is soliciting quotes for Oracle Hyperion Cloud subscription services under RFQ CORHQ-25-Q-0340, specifically for their Budget Formulation System that resides in Oracle EPM Enterprise and is delivered as software-as-a-service from Oracle's GovCloud. The procurement requires 60 monthly named user subscriptions for Planning and Budgeting Cloud Service and one annual Enterprise Performance Management for United States Government Cloud Service, with the contract structured as a firm-fixed-price arrangement. To qualify, offerors must be authorized Oracle resellers and complete the attached pricing schedule, as failure to do so will result in proposal rejection. The evaluation will follow a Lowest Price Technically Acceptable (LPTA) methodology, with submissions requiring a completed price schedule, Section K representations and certifications, EULA or MSA terms, warranty information, and pre-award Supply Chain Risk Management information. Questions were originally due by 12:00 PM EST on July 28, 2025, and the quote submission deadline has been extended through multiple amendments to October 8, 2025, at 1:00 PM EST.

This solicitation does not utilize any set-aside designations and is open to all qualified contractors. The contract includes a base period from November 30, 2025, to November 29, 2026, with two additional one-year option periods that could extend performance through November 29, 2028. While specific dollar values are not disclosed in the public notices, the pricing structure remains consistent across all three potential contract years for the 60 monthly user subscriptions and single annual enterprise service. The services will support operations in Arlington, Virginia, and the FDIC has indicated a preference for government-approved contractual terms. Vendors may leverage existing GSA Schedule or NASA SEWP contracts if applicable, and the agency is exempt from state sales tax obligations.