T3070 Replacement Investment System Platform (RISP) Consultant

The State of New Jersey Department of the Treasury, Division of Purchase and Property, is seeking a consultant to assist the New Jersey Division of Investment (DOI) in evaluating its current investment management systems and developing a replacement system. The scope of work includes four phases: a current state assessment, RFP development, RFP evaluation, and implementation support. The consultant will be required to provide recommendations on the future system architecture, as the State does not have a defined IT strategy to guide the project. The contract term is three years, with the option to extend up to two additional one-year terms. The awarded vendor will be ineligible to submit a proposal for the subsequent Replacement Investment System Platform (RISP) RFP during the contract term. Pricing must be submitted using the State-provided price schedule, and no additional fees or costs will be paid unless there is a contract amendment.

This procurement is not set aside for any small business categories, and there is no incumbent vendor listed. The estimated budget for the contract is $400,000, though this is not a minimum or maximum amount. The contract will involve the jurisdictions of Mercer County and Trenton City. Vendors must provide the required forms, registrations, and certifications, including the Offer and Acceptance, Disclosure of Investment Activities in Iran, and Affirmative Action Employee Information Report, as outlined in the vendor checklist.