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Tennessee Department of General Services

Vendor Risk Management Software - UPDATED

Solicitation: Not available
Notice ID: tn_cpo__RFI 31701-03813
Contract snapshot

Federal opportunity from Central Procurement Office • Tennessee Department of General Services. Place of performance: TN.

Source
Open on official portal →
Solicitation
tn_cpo__RFI 31701-03813
Performance
TN
Response
No due date posted
Open on official portal →
Live POP
Place of performance
TN
Contracting office
Not listed

Point of Contact

Not available

Agency & Office

Department
Tennessee Department of General Services
Agency
Central Procurement Office
Subagency
Central Procurement Office
Office
Not available
Contracting Office Address
Not available

Applicable wage determinations

Best public WD match for the notice location and scope.

Directory →
Best fitDavis-Baconstate match
TN20260125 (Rev 1)
Published May 18, 2026Tennessee • Bradley
9 occupation rates available in the full WD.
View more WD detail
3 more WD matches and 7 more rate previews.
Davis-BaconBest fitstate match
TN20260125 (Rev 1)
Open WD
Published May 18, 2026Tennessee • Bradley
Rate
ELECTRICIAN
Base $35.35Fringe $14.63
Rate
OPERATING ENGINEERS: (FORKLIFT)
Base $30.44Fringe $13.40
Rate
OPERATING ENGINEERS: (BULLDOZER AND CRANE)
Base $33.23Fringe $13.40
+6 more occupation rates in this WD
Davis-Baconstate match
TN20260006 (Rev 1)
Open WD
Published May 18, 2026Tennessee • Bedford, Coffee, Houston +6
Rate
ROOFER: SHAKE & SHINGLE ROOF
Base $11.41Fringe $0.00
Rate
PLUMBER
Base $13.08Fringe $0.00
Rate
PAINTER: BRUSH, ROLLER AND SPRAY
Base $9.67Fringe $0.00
+7 more occupation rates in this WD
Davis-Baconstate match
TN20260119 (Rev 1)
Open WD
Published May 18, 2026Tennessee • Franklin
Rate
OPERATING ENGINEERS: (BULLDOZER AND CRANE)
Base $33.23Fringe $13.40
Rate
TRUCK DRIVER: DUMP TRUCK
Base $11.68Fringe $0.70
Rate
OPERATOR: BACKHOE/EXCAVATOR/TRACKHOE
Base $11.91Fringe $0.78
+4 more occupation rates in this WD
Davis-Baconstate match
TN20260142 (Rev 1)
Open WD
Published May 18, 2026Tennessee • Cannon, Cheatham, Davidson +7
Rate
ELECTRICIAN
Base $34.92Fringe $14.75
Rate
OPERATING ENGINEERS: BULLDOZER, CRANE, AND FORKLIFT (CHEATHAM, DAVIDSON, DICKSON, HICKMAN, RUTHERFORD, WILLIAMSON AND WILSON COUNTIES)
Base $33.15Fringe $13.62
Rate
OPERATING ENGINEERS: FORKLIFT (CANNON, MACON, AND SMITH COUNTIES)
Base $30.44Fringe $13.40
+7 more occupation rates in this WD

Description

Vendor Risk Management Software - UPDATED

Advisory bid range

Pricing and bid posture

medium confidence
$625,611 - $741,464

Contractor-side estimate from visible notice metadata, NAICS/PSC, contract type, schedule hints, and BidPulsar workpaper assumptions. Not an IGCE, incumbent price, award value, or government budget.

Calibrate full bid price →
Floor
$625,611
Target
$662,022
Premium
$741,464
Labor
$329,680
Direct
$32,000
Burden
$221,360
Fee + reserve
$78,022
Target $662,022Hybrid workpaper with explicit assumptions4 modeled rows

This advisory bid range is visible page text for contractors and search engines: it summarizes the modeled floor, target, and premium bid posture for this solicitation.

Market snapshot

Baseline awarded-market signal across all contracting (sample of 400 recent awards; refreshed periodically).

12-month awarded value
$3,516,281,615
Sector total $3,516,281,615 • Share 100.0%
Live
Median
$350,000
P10–P90
$32,459$3,347,126
Volatility
Volatile200%
Market composition
NAICS share of sector
A simple concentration signal, not a forecast.
100.0%
share
Momentum (last 3 vs prior 3 buckets)
+100%($3,516,281,615)
Deal sizing
$350,000 median
Use as a pricing centerline.
Live signal is computed from awarded notices already observed in the system.
Signals shown are descriptive of observed awards; not a forecast.

Files

Files size/type shown when available.

BidPulsar Analysis

A practical, capture-style breakdown of fit, requirements, risks, and next steps.

Updated: Feb 16, 2026
Client-ready brief
Executive summary
medium confidencegpt 4o mini

The State of Tennessee is seeking information on vendor risk management software to manage third-party risks comprehensively. With a response deadline set for January 8, 2026, the RFI outlines a requirement for solutions supporting vendor onboarding, assessment, monitoring, and compliance. This initiative aims to align with operational and regulatory standards across multiple state agencies.

Vendor Risk Management SoftwareThird-party risk managementCompliance solutionsIntegration capabilitiesRisk assessment tools
What the buyer is trying to do

The buyer aims to gather information on vendor risk management solutions that support the entire lifecycle of vendor risk management, including onboarding, risk assessments, continuous monitoring, and compliance management.

Who should pursue this
  • Software providers with experience in vendor risk management solutions
  • Companies that offer customizable and scalable platforms
  • Firms with demonstrated compliance with security policies regarding data handling
Work breakdown
  • Vendor onboarding and due diligence functionalities
  • Risk assessment and scoring mechanisms
  • Continuous monitoring capabilities
  • Contract and SLA management tools
  • Workflow automation features
  • Regulatory compliance mapping
  • Reporting and dashboard customization
  • Integration capabilities with existing systems
  • Vendor offboarding processes
Response package checklist
  • Comprehensive response detailing software functionalities
  • Technical architecture outline
  • Integration capabilities information
  • Pricing models and support services details
  • Response to each business requirement in Table 3.1
More BidPulsar strategy notesCompliance, pricing, teaming, risks, questions, and coverage notes
Compliance notes
  • All state data must remain in the U.S.
  • Testing of code outside the U.S. is limited to fake data usage
  • Compliance with security policies outlined regarding foreign adversaries
Pricing strategy
  • Clear pricing models tailored for multiple state agency usage
  • Consider offering tiered pricing based on features utilized
  • Include potential costs for training and support services
Teaming and subs
  • Consider partnering with cybersecurity compliance firms
  • Teaming with local providers who understand state regulations could enhance proposals
Risks and watchouts
  • Potential delays in acquiring vendor software that meets all outlined requirements
  • Concerns regarding the integration of new software with existing state systems
  • Ensuring compliance with regulatory changes during RFI response formulation
Smart questions to ask
  • What is the typical implementation timeline for your solution?
  • Can you provide case studies of similar clients you have supported?
  • What are your ongoing support options after deployment?
Source coverage notes

Some notices publish limited source detail. Confirm these points before final bid/no-bid decisions.

  • Specific details on the RFI response format
  • Confirmation on the exact technology stack needed for integration
  • Clarification on any future procurement processes following this RFI
Federal Bid Partners

Service match

Optional support routes matched to this notice after the core solicitation details.

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