RFI for FDIC's Budget Formulation Tool

The Federal Deposit Insurance Corporation is conducting market research through Request for Information CORHQ-26-Q-0073 for a FedRAMP-certified budget formulation software tool. The FDIC seeks to identify commercial, off-the-shelf solutions that can support budgeting, staffing, and scenario modeling activities with mandatory FedRAMP certification at "Low" authorization level or higher. Key requirements include secure cloud-based or SaaS deployment, support for at least 60 concurrent users with role-based access controls, configurable calculation logic for budget and salary forecasting, data retention capability for up to ten years across multiple data elements, CSV import/export functionality with desirable API compatibility, and robust ad hoc reporting and analysis tools in PDF and Excel formats. Evaluation will assess vendor compliance with FDIC security and privacy terms, the breadth of current federal agency customers using the solution, implementation timelines, pricing structure, and demonstrated capability through a 60-minute virtual system demonstration. The deadline for submitting questions is 12:00 PM EST on February 27, 2026, and vendors must submit their written responses (up to 7 pages) and schedule virtual demonstrations by 9:00 AM EST on March 24, 2026.

This opportunity carries no set-aside designation and identifies no current incumbent contractor, as the FDIC is currently using an unspecified cloud-based commercial tool and conducting market research to evaluate alternatives. No contract award value or budget range is specified, as this RFI represents a pre-procurement market research phase rather than a funded procurement action. The FDIC plans to review all RFI responses before determining whether to issue a competitive solicitation on SAM.gov and selecting the appropriate acquisition vehicle for any subsequent procurement. Vendors should be prepared to provide references from existing federal agency customers and demonstrate their solution's capability to handle the FDIC's specific budgeting workflows, including multi-scenario comparison and transparency for multiple simultaneous users. The evaluation process will conclude with invite-only system demonstrations, after which the FDIC will assess next procurement steps based on vendor response quality and market research findings.