The Small Business Administration’s Office of Investment and Innovation is exploring if there are a sufficient number of qualified and interested firms to support and assist the SBA with execution of a technology modernization pilot project for the Small Business Investment Company program.

In an RFI posted to FedBizOpps on March 27, the SBA shared its intention to seek solutions for integrating functionality and data related to activities of SBICs, which are privately owned and managed investment funds licensed and regulated by SBA. Current SBIC workflow involves processes and siloed applications in various support offices, and the SBA is considering awarding either a firm fixed price contract or a firm fixed price indefinite delivery/indefinite quantity contract during the fourth quarter of fiscal 2017 for a pilot delivering automation to just auditing tools and information systems.

The desire is for interested parties to help inform a final solicitation for implementing a cloud-based platform to serve as a central repository for all information pertaining to each SBIC licensee and as a primary access point for all users, as well as maintaining an existent steady state web-based system used for online data collection.

The platform would:

  • Improve communications and resource sharing;
  • Reduce duplicative efforts and information transfer miscues;
  • Support document retention, access, management and data security;
  • Enhance reporting capabilities, data analysis and asset tracking; and
  • Facilitate better customer service and employee engagement.

The initial task order is estimated to be between $150,000-$500,000, and future tasks are dependent on the pilot's success and the cost effectiveness of deploying the modernization technology to other activities.

Responses are due by 3 p.m. MST on April 6.

The complete RFI, with detailed list of service and functionality parameters and requested responses the SBA desires, can be viewed on FBO.gov.

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