Integrated Risk Management SaaS Solution

The Texas Department of Transportation (TxDOT) is seeking a comprehensive Integrated Risk Management Software as a Service (SaaS) solution through a competitive procurement process. The solicitation, referenced as #601440000049246, is specifically targeting a software product and related services designed to enhance organizational risk management capabilities. Vendors must register on the Bonfire online platform to participate in this procurement opportunity, with all responses required to be submitted electronically through that system. The solicitation was posted on June 27, 2025, with a response due date of July 28, 2025. Potential vendors are required to submit detailed proposals demonstrating their software's ability to meet TxDOT's integrated risk management needs, with evaluation likely focusing on technical capabilities, implementation approach, system integration potential, and overall solution effectiveness. The procurement contact for this opportunity is Elsie Quintanilla, who can be reached at elsie.quintanilla@txdot.gov or 806-782-6256 for any clarifying questions about the solicitation requirements.

TxDOT utilizes the National Institute of Governmental Purchasing (NIGP) code for vendor selection and will draw candidates from the Texas Comptroller of Public Accounts' Centralized Master Bidders List (CMBL). While specific set-aside designations are not explicitly detailed in the available documentation, vendors are encouraged to apply to the CMBL to increase their bidding opportunities. The procurement includes an Early Payment Program that offers prioritized invoice processing and potential cash discounts for selected vendors, which may provide additional financial incentives. Existing TxDOT vendors are advised to verify and update their current information to remain eligible for consideration. Although the exact budget range is not specified in the provided documents, SaaS solutions for integrated risk management typically range from $50,000 to $500,000 annually, depending on the complexity of the system and the scale of implementation. Vendors should be prepared to demonstrate their solution's scalability, security features, and ability to integrate with existing TxDOT technological infrastructure.