Iowa Bids > Bid Detail

Lease Tracking Software

Agency: Iowa State University
Level of Government: State & Local
Category:
  • 65 - Medical, Dental, and Veterinary Equipment and Supplies
  • 70 - General Purpose Information Technology Equipment (including software).
  • W - Lease or Rental of Equipment
Opps ID: NBD18079713555140273
Posted Date: Apr 18, 2023
Due Date:
Solicitation No: RFQ-1000722 Addendum 1

Bid Information

Type Request for Proposal (Public)
Status Awarded
Number RFQ-1000722 Addendum 1 (Lease Tracking Software)
Issue Date & Time 2/21/2023 12:00:01 PM (CT)
Close Date & Time 3/21/2023 12:00:00 PM (CT)
Duration 1 month
Notes
Iowa State University of Science and Technology (ISU) is soliciting information from qualified contractors to provide the goods and/or services described herein.

Contractors should read all materials carefully and note the due date.
Contractors must submit all questions in the "Questions" tab related to this bid opportunity.
Bid responses will ONLY be accepted online via ISUBid. Please allow adequate time to review and submit your response prior to the deadline.
You must register in ISUBid to download all related requirements and documents.

Contact Information
Name Jason Utz
Address 1340 Administrative Services Building
2221 Wanda Daley Drive
Ames, IA 50011-1004 USA
Phone (515) 294-5641
Fax
Email utz@iastate.edu
Awarded Suppliers
Bid Documents
Document name Format
Bid Invitation Acrobat / PDF
Public Question & Answer Acrobat / PDF
Bid Attachments
File Name Description File Size
ISU Instructions.pdf Review the instructions for important information. REVISED APRIL 2022 174 KB
ISU General Terms & Conditions.pdf Review the general terms and conditions carefully and any exceptions should be listed in the "Attributes" section. REVISED APRIL 2022 232 KB
HigherEdCloudVendorAssessmentTool.xlsx Download, complete and attach under the "Response Attachments" tab with your proposal. This is a higher education standard document you may have already completed for other solicitations. 884 KB
ISU Mutual NDA.pdf (please login to view this document) Mutual Non-Disclosure Agreement 88 KB
Bid Questions
Question Does ISU have a preference between a HECVAT OR SOC 1 / SOC 2 reports that will be included as the final bid response and documentation? Or does ISU need all three documents?
Answer ISU needs at least one of these documents. There is no preference for one document over another.
Submitted 2/27/2023 02:31:04 PM (CT)
Question When is your current Fiscal Year End? What ERP is ISU using? Is there a current debt solution or process?
Answer June 30th is our fiscal year end. We are using Workday. We are not currently using special software for debt management, we are tracking with spreadsheets.
Submitted 2/24/2023 07:53:34 AM (CT)
Question Does ISU have a preference for working with a single vendor vs. a solution made out of multiple companies?
Answer A single vendor would be the preference.
Submitted 2/24/2023 07:52:44 AM (CT)
Question Would you be able to give an estimate of the anticipated lease and subscription volume (total number of agreements) and the current process?
Answer Around 100 contracts will be tracked within the software. Lease details pertaining to GASB 87 are currently tracked in Excel, with additional documentation attached to the supplier contracts in Workday. Journal entries are compiled with information from excel amortization tables and uploaded into Workday.
Submitted 2/24/2023 07:52:17 AM (CT)
Question Would ISU prefer an on-premise or cloud-based solution?
Answer Cloud based
Submitted 2/24/2023 07:51:24 AM (CT)
Question For purposes of pricing, who is Iowa State University anticipating to extract and compile all of the lease and subscription details and schedules as part of the implementation process (ISU or vendor)?
Answer ISU will compile the lease and subscription details that we would like to use the software to track. At implementation, assistance is requested for uploading the data as a batch, instead of entering contracts one by one manually.
Submitted 2/24/2023 07:50:46 AM (CT)
Question we are happy to share our SOC 1 Type 2 report upon receipt of a signed NDA. Would ISU be willing to sign an NDA in order for us to share this report as part of our RFQ response?
Answer Information submitted for the bid may be marked as confidential and will not be shared. Alternatively, there is a preapproved NDA that has been added to the attachments tab. This document can be used if it is accepted as is with no modifications.
Submitted 2/22/2023 01:52:16 PM (CT)
Question Are you looking for a custom tailored solution which can be owned and hosted within ISU premises or a hosted solution?
Answer A hosted solution.
Submitted 2/21/2023 12:57:32 PM (CT)

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