Cloud-Based Financial Management System

The Capital Region Airport Authority is seeking a commercial off-the-shelf, cloud-based financial management system with integrated budgeting, accounting, procurement, asset, leasing, and reporting capabilities.

Capital Region Airport Authority


General
Open
26-03
Dec 11, 2026 09:30 PM
Nov 02, 2026 12:00 PM
Request for Proposal (RFP)
Local
Ask AI about this solicitation
Contact
eblack@craa.com
Submission Instructions
Email
Description

The Capital Region Airport Authority seeks a commercial off-the-shelf, cloud-based financial management system to replace its existing premises-based platform. The system must provide integrated budgeting and general ledger functions; accounts payable and receivable; procurement; fixed-asset and depreciation tracking; lease management with GASB-related calculations; project and financial analysis; and year-end and internal-audit reporting. It must support cloud access, security controls, automated backups, Microsoft Excel data exchange, and applicable GASB requirements, with at least 95% of functional requirements met without customization beyond installation guidance and support. Proposals must include a system-capabilities response, an implementation plan, a timetable, costs for at least the first five years, references for at least three airport operators that installed the proposed system within the last five years, and completed Forms A and D. The proposal sections have stated page limits, with a total limit of 15 pages plus the required forms. The Authority plans to complete installation and configuration by March 31, 2027, and begin using the system on July 1, 2027.

Classification Codes
NAICS513210Software Publishers
PSC7A21Business Application off-the-shelf software delivered by perpetual license, which also encompasses enterprise level software enabling mission capability and business operational support.
Smart Codes
cloud financial management softwaregovernment accounting softwarebudgeting and procurement software
Specifications
Supply & Service
No
Timeline
Nov 13, 2026 09:30 PM-Questions Due
Nov 25, 2026-Target Addendum Publication
Dec 11, 2026 09:30 PM-Proposal Submission Deadline
Jan 5, 2027-Shortlisted Proposal Presentations (Potential)
Jan 7, 2027-Shortlisted Proposal Presentations (Potential)
Feb 1, 2027-Target Award Date
Mar 31, 2027-System Installation and Configuration Completed
Jul 1, 2027-New System Use Begins
Requirements
Scored
  • Minimum 3 references
  • Within the last 5 years
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