RFI for FDIC's Budget Formulation Tool

Request for Information (RFI)

This RFI is issued by the Federal Deposit Insurance Corporation (FDIC) for market research to identify potential budget formulation tools. The FDIC seeks to understand tool functionalities, capabilities, and pricing structures to support budget formulation activities. This is for licenses only, with no services required.

• The system must be FedRAMP certified at "Low" or higher and currently used by other federal agencies.

• Secure platform for budgetary and staffing data, adhering to federal laws and mandates.

• Capability for multiple environments and web-based application with at least 60 user accounts (Admin, Power User, Standard, Read-only) and audit log. Single-sign-on is desirable.

• Data exchange via CSV import/export; API compatibility is desirable.

• Ability to retain up to ten years of financial transaction and personnel data (summarized by at least 25 unique data elements).

• User Interface for budget and staffing adjustments.

• Administrator capability for calculation logic and forecasting using various drivers.

• Configurable for calculation and reporting with static and dynamic variables.

• Ability to save and compare multiple budget scenarios.

• Ability to create standardized reports in PDF and MS Excel formats.

• Ad hoc analysis tool (e.g., Excel-enabled pivoting).

• Questions due: February 27, 2026, 12 Noon ET.

• Responses due: March 24, 2027, 9 am ET.

• Submit questions and responses via email to Ellisha Smith (ellismith@fdic.gov).

• RFI responses include a written response (max 5 pages, 8.5x11 inches, PDF/Word, max 5MB) and a system demo.

• Written responses should include: company name, contact info, DUNS number, FedRAMP ID, list of federal clients, description of how the tool meets requirements, unique advantages, implementation activities/timeframes, and pricing model/contract structure.

• System demo (60-minute virtual) will include product demonstration and Q&A, covering data ingestion, security roles, data storage, and specific functional areas.

• This is an RFI, not a solicitation for contract award.

• The FDIC currently uses a cloud-based commercial tool for its budget process.

• The anticipated acquisition vehicle is to be posted on SAM.gov, but this may change.

• Vendors must adhere to FDIC's security-related terms and conditions.

• Solutions must be FedRAMP certified.

• The FDIC is conducting market research to understand available budget formulation solutions.

• The FDIC will consider cloud management or Software as a Service hosting methods.

• The FDIC has an existing budget tool and is not necessarily looking to replace it, but to understand market solutions.

• Data migration from legacy systems is not expected, but loading prior year data is required.

• Analytics and forecasting capabilities are beneficial but not required.

• Robust ad hoc reporting tools are needed.

• Security and privacy requirements, including an Authorization to Operate (ATO) process, are detailed in Section H and Attachment J-2.

Amendment / Modification

• This amendment (0001) to Solicitation CORHQ-26-Q-0073 extends the RFI due date to March 24, 2026, at 9 am.

• It also provides questions and answers related to the RFI.

• The RFI due date has been extended.

• Questions and Answers are provided, clarifying various aspects of the RFI.

• The deadline for RFI responses has been extended to March 24, 2026, at 9 am.

• Offerors should review the provided Q&A to ensure their proposals address all clarified points.

Request for Information (RFI)

This RFI is issued by the Federal Deposit Insurance Corporation (FDIC) to conduct market research for FedRAMP certified software applications supporting budget formulation activities. The FDIC aims to identify potential budget formulation tools, gather information on their functionalities, and understand associated pricing structures.

The Budget Formulation Tool must meet the following requirements:

• Adhere to FDIC Terms and Conditions.

• Be FedRAMP certified at "Low" or higher authorization and currently used by other federal agencies.

• Provide a secure platform for budgetary and staffing data, adhering to federal laws and mandates.

• Support multiple environments with data transfer capabilities.

• Be a web-based application supporting at least 60 user accounts with role-based access control and an audit log. Single-sign-on is desirable.

• Allow data exchange (e.g., CSV import/export) and API compatibility is desirable.

• Retain up to ten years of financial transaction and personnel data, summarized by at least 25 unique data elements.

• Include a User Interface for budget and staffing adjustments.

• Allow administrators to enter calculation logic for forecasting salary and non-salary budgets.

• Be configurable for calculations and reporting with static and dynamic variables.

• Enable saving and comparing multiple budget scenarios.

• Create standardized reports in PDF and MS Excel formats.

• Include an Ad hoc analysis tool.

• Questions are due by 12 Noon ET on February 27, 2026.

• Responses are due by 10 am ET on March 16, 2027.

• All questions and responses should be emailed to Ellisha Smith (ellismith@fdic.gov).

• Responses must include a written response (max 5 pages, 8.5x11 inches, PDF or Word, max 5MB) and a system demo.

• The written response should include company information, FedRAMP ID, list of federal clients, description of how the tool meets requirements, unique advantages, implementation details, and pricing model.

• A 60-minute virtual system demo will be scheduled, covering product demonstration, data handling, security roles, and answering specific questions about budgeting types, forecasting, customization, business rules, integration, reporting, and pricing.

Not specified in this RFI.

• The solicitation number is CORHQ-26-Q-0073.
• The offer due date is March 16, 2026.
• The issuing office is the Federal Deposit Insurance Corporation.