Adaje Platform
Closed State & local contract opportunity
- Solicitation number
- IFB-FY26-RITM1213601-Adaje-TWDB
- State
- Texas
- Responses due
Opportunity facts
- NIGP codes
- UNSPSC codes
- 43231600 Finance accounting and enterprise resource planning ERP software
- 43231605 Time accounting software
- 43231516 Audit software
- 64101602 Money market account
- 64101603 Simple checking account
- 64111902 Principal unprotected structured financial product
- 93151609 Lotteries services
- 43231602 Enterprise resource planning ERP software
- 64101500 Time deposit accounts
- 64111901 Principal protected structured financial product
Show all 37
- 64101501 Certificate of deposit CD
- 64101502 Simple savings account
- 64101702 Currency exchange application
- 64111802 Subscription right
- 64111804 Warrant
- 43231601 Accounting software
- 43231604 Financial analysis software
- 64000000 Financial Instruments, Products, Contracts and Agreements
- 64101600 Demand deposit accounts
- 64101601 Interest bearing checking account
- 64101701 Bill paying application
- 64101704 Over draft protection
- 64111801 Allotment or bonus right
- 64111903 Exchange traded fund ETF
- 64111904 Single structured product
- 64111906 Variable annuity
- 93151605 Government finance services
- 43231603 Tax preparation software
- 43231607 Billing and invoicing software
- 64100000 Bank offered products
- 64111800 Entitlements or rights
- 64101700 Electronic fund transfer and payment products
- 64111900 Structured financial products
- 64111803 Purchase right
- 64111905 Over the rainbow structured product
- 64101703 Money transfer application
- 84131614 Underwriting service
- Point of contact
-
- Laura Zarate sts-ifb@dir.texas.gov (512) 952-1906
Opportunity details come from txsmartbuy.com. Updated .
About this opportunity
The Department of Information Resources (DIR) is requesting bids on behalf of the Texas Water Development Board (TWDB) for the Adaje Platform, a cloud-based software solution for municipal bond lifecycle management, with bids due June 8, 2026 at 2:00 p.m. Central Time and anticipated award on or after June 9, 2026.
Respondents with bid values of $100,000 or more for the initial term and all optional renewals combined must submit a signed Subcontracting Plan with a 21.1% subcontracting goal. All respondents must comply with Texas Government Code Chapter 2054, Subchapter M accessibility standards; submit completed Accessibility Conformance Reports (ACR) and Policy Driven Adoption for Accessibility (PDAA) self-assessments; comply with TX-RAMP where applicable; provide cybersecurity training certification; and complete vendor status, debarment, tax compliance, and federal compliance certifications.
The platform enables users to model debt instruments, calculate key statistics, produce financial reports, monitor refunding opportunities, and convert official statement PDFs into structured data. The scope includes three full-access users with six included training hours during the initial contract term.
The initial contract term is 12 months, with DIR retaining the option to extend for up to two additional 12-month renewal periods at its sole discretion. Pricing must be submitted on the provided Pricing Table with separate line items for the Adaje Platform covering three full-access users for Year 1, a one-time onboarding fee during the initial term, and optional renewal pricing for Years 2 and 3.
Award will be made to the respondent offering best value to the State, with DIR reserving the right to award based on low line-item price, low total of line items, or any other combination serving DIR's best interest. The contract is governed by Texas law with exclusive venue in Travis County, and DIR may terminate for convenience with 30 days' notice or for cause after 30 days to cure a material breach.
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