Computer Software System - Terminals

New Mexico State University (NMSU) is seeking a comprehensive computer software terminal system for its College of Business, focusing on providing advanced data and networking capabilities for students across multiple disciplines including Economics, Finance, Accounting, Marketing, Management, and Supply Chain. The procurement, identified as solicitation number 2026-RFP-723, requires a software platform with extensive features for economists and finance professionals, including economic forecasts, central bank analysis, market data, news research, and an integrated GPT module for financial text analysis. Key deliverables include a system that supports educational outcomes, enhances student placement opportunities, and provides worldwide student networking capabilities with current event information. The RFP was released on July 31, 2025, with proposals due on August 29, 2025, at 2:00 PM MDT, and will be evaluated by a committee using a 100-point scoring system. Evaluation criteria include Fit with Curriculum (35 points), Data Screens and Templates (20 points), Student Networking and Certification (15 points), and Provider's Help (15 points), with cost accounting for 15% of the total score.

The procurement allows for preference points for New Mexico-based businesses, with 8 points available for resident/Native American businesses and 10 points for resident veteran businesses. Potential vendors must comply with strict data privacy and security requirements, including FERPA compliance, storing data exclusively in U.S. territory, and maintaining confidentiality standards equivalent to protecting their own sensitive information. Vendors must provide access to security audit reports like SAS 70 (SOC2) Type II or SOC3 and submit a certificate from the New Mexico Taxation & Revenue Department. While a specific award value is not explicitly stated, the comprehensive nature of the system suggests a significant investment in educational technology infrastructure. The university reserves the right to reject any proposals and is not obligated to enter into an agreement, with potential total scoring ranging from 100-110 points including preference considerations. Respondents are limited to a 35-page proposal submission through NMSU's online bidding system, with strict communication guidelines prohibiting direct contact with evaluation committee members.