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Tennessee Department of General Services

Vendor Risk Management Software - UPDATED

Solicitation: Not available
Notice ID: tn_cpo__RFI 31701-03813

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

Market snapshot

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

12-month awarded value
$546,655,675
Sector total $546,655,675 • Share 100.0%
Live
Median
$97,181
P10–P90
$33,967$992,402
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%($546,655,675)
Deal sizing
$97,181 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.

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Place of Performance
Not listed — check the files for details.

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

Description

Vendor Risk Management Software - UPDATED

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
Executive summary

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.

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.

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
Suggested keywords
Vendor Risk Management SoftwareThird-party risk managementCompliance solutionsIntegration capabilitiesRisk assessment tools
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

FAQ

How do I use the Market Snapshot?

It summarizes awarded-contract behavior for the opportunity’s NAICS and sector, including a recent pricing band (P10–P90), momentum, and composition. Use it as context, not a guarantee.

Is the data live?

The signal updates as new awarded notices enter the system. Always validate the official award and solicitation details on SAM.gov.

What do P10 and P90 mean?

P10 is the 10th percentile award size and P90 is the 90th percentile. Together they describe the typical spread of award values.