Knoxville's Community Development Corporation Sealed Solicitation
Title: Consulting Services for GASB Statement 87 Leases and GASB Statement 96 Subscription-Based Information Technology Arrangements and Implementation
Deadline: 2/18/2022 11:00 AM (UTC-05:00) Eastern Time (US & Canada)
Status: Awarded
Solicitation Number: Q2209
Description: KCDC will received proposals for Consulting Services to assist with GASB 87 and 96 implementation as detailed in the solicitation document.
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Item # | Description | Purchase Quantity |
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Total Units | Allow Alt Item Purchase Quantity? | Allow Alt. item? |
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Attachments |
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| 1 | 1 | Total Project Cost | 1 | Each | 1 | 1 |
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| 2 | 2 | Other Costs/Options | 1 | Hour | 1 | 1 |
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| 3 | 3 | Other Costs/Options | 1 | Hour | 1 | 1 |
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| 4 | 4 | Other Costs/Options | 1 | Hour | 1 | 1 |
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Documents:
| Documents as of 1/24/2022 |
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| Consulting Services for GASB Statements 87 and 96 Implementation Q2209.pdf |
Addition 1
Posted: 2/14/2022
Type of Addition: Addendum
Overview: KCDC has posted Addendum 1 to answer questions raised.
Documents:
Addition 2
Posted: 3/2/2022
Type of Addition: Award Information
Overview: KCDC's Evaluation Team recommended award to Maher Duessel and the award has been made.
Question 1
Posted: 2/3/2022
Question: 1. What is the quantity of leased assets where you are the lessee? 2. What is the quantity of leased assets that are a sublet or where you are the lessor? 3. What proportion of your lease portfolio is equipment vs. real estate leases? 4. How many potential SBITA(GASB 96) contracts do you have? 5. What is the current process, if any, for tracking lessee and lessor lease obligations? 6. Is the leasing and GASB 96 information in a digital format or are they hard copies? 7. What is your general ledger software? How many chart of accounts do you have?
Response: Thank you for the questions. Staff is reviewing the question and our response. We will post answers by the date indicated on the RFP coversheet.
Question 2
Posted: 2/10/2022
Question: Are you looking for a software solution to go with the professional services? If no what are you planning to use to help you calculate for disclosure information?
Response: Thank you for the questions. Staff is reviewing the question and our response. We will post answers by the date indicated on the RFP coversheet.
Question 3
Posted: 2/10/2022
Question: Do you have any specific special requirements like reporting by fund or regulated leases at your airport.
Response: Thank you for the questions. Staff is reviewing the question and our response. We will post answers by the date indicated on the RFP coversheet.
Question 4
Posted: 2/10/2022
Question: 1. To Confirm - does KCDC intend to early implement GASB 96 while implementing GASB 87 for fiscal year 2022, or wait until the following fiscal year? 2. What sort of contract management database is currently in place? If this is a software program, which one? 3. What is the number of known contracts to be considered for GASB 87 and 96 implementation? 4. Does the scope of work include only KCDC specific contracts? Are KCDC’s component units excluded or included from this RFP?
Response: Thank you for the questions. Staff is reviewing the question and our response. We will post answers by the date indicated on the RFP coversheet.
Posted: 2/14/2022
Type of Addition: Addendum
Overview: KCDC has posted Addendum 1 to answer questions raised.
Documents:
Posted: 3/2/2022
Type of Addition: Award Information
Overview: KCDC's Evaluation Team recommended award to Maher Duessel and the award has been made.
Posted: 2/3/2022
Question: 1. What is the quantity of leased assets where you are the lessee? 2. What is the quantity of leased assets that are a sublet or where you are the lessor? 3. What proportion of your lease portfolio is equipment vs. real estate leases? 4. How many potential SBITA(GASB 96) contracts do you have? 5. What is the current process, if any, for tracking lessee and lessor lease obligations? 6. Is the leasing and GASB 96 information in a digital format or are they hard copies? 7. What is your general ledger software? How many chart of accounts do you have?
Response: Thank you for the questions. Staff is reviewing the question and our response. We will post answers by the date indicated on the RFP coversheet.
Posted: 2/10/2022
Question: Are you looking for a software solution to go with the professional services? If no what are you planning to use to help you calculate for disclosure information?
Response: Thank you for the questions. Staff is reviewing the question and our response. We will post answers by the date indicated on the RFP coversheet.
Posted: 2/10/2022
Question: Do you have any specific special requirements like reporting by fund or regulated leases at your airport.
Response: Thank you for the questions. Staff is reviewing the question and our response. We will post answers by the date indicated on the RFP coversheet.
Posted: 2/10/2022
Question: 1. To Confirm - does KCDC intend to early implement GASB 96 while implementing GASB 87 for fiscal year 2022, or wait until the following fiscal year? 2. What sort of contract management database is currently in place? If this is a software program, which one? 3. What is the number of known contracts to be considered for GASB 87 and 96 implementation? 4. Does the scope of work include only KCDC specific contracts? Are KCDC’s component units excluded or included from this RFP?
Response: Thank you for the questions. Staff is reviewing the question and our response. We will post answers by the date indicated on the RFP coversheet.