Financial Industry Reporting 2024-4152

The California Department of Tax and Fee Administration (CDTFA) has issued a Request for Quote (RFQ) No. 2024-4152 for a Financial Industry Reporting web-based Software as a Service (SaaS) industry research system to be used at CDTFA Headquarters in Sacramento. The procurement seeks a comprehensive web-based research platform that provides U.S. Industry Reports categorized by NAICS codes, California-specific reports, business environment profiles, and employment reports. Key deliverables include a robust SaaS solution capable of providing detailed industry insights and data across multiple sectors. The evaluation process is structured on a 100-point scoring system, with administrative requirements and technical specifications on a Pass/Fail basis, followed by desirable attributes (5 points), cost assessment (50 points), and potential product demonstration (45 points). Bidders must submit their electronic quotes by February 10, 2025, at 3:00 PM PST, with the contract term spanning from March 1, 2025, through February 29, 2028, and an option to extend for two additional one-year terms. The contract will be awarded to the responsive bidder achieving the highest combined score, with mandatory technical requirements including comprehensive industry reporting capabilities.

The CDTFA has waived Disabled Veteran Business Enterprise (DVBE) participation requirements for this RFQ, though DVBE incentives ranging from 1-5% are available for participating businesses. A Small Business preference of 5% is also available for certified small businesses. The solicitation includes specific provisions for cloud computing security standards and compliance with state information security requirements. While no incumbent vendor is explicitly mentioned, the RFQ indicates a need for a sophisticated, web-based research platform with detailed industry and economic reporting capabilities. The contract includes robust security and compliance expectations, suggesting potential integration with existing state information systems. Although a specific budget range is not disclosed, the comprehensive nature of the requested SaaS solution and the multi-year contract term suggest a significant investment in industry research and reporting capabilities for the California state government.