Enterprise Third Party Risk Management Services and Solution

The university is seeking an enterprise third-party risk monitoring solution and related services to continuously monitor its critical third parties. The system must alert the university to significant risk events, including financial instability, mergers, litigation, IT vulnerabilities, reputational issues, and geopolitical or environmental events. The desired solution must provide visibility into vendor dependencies and fourth-party relationships while supporting configurable risk scoring and tailored notifications. The scope of work requires the solution to offer reporting, dashboards, and integration capabilities. The selected provider will perform all work offsite over a contract period of three years. The university is looking for proposals to determine the budget for this initiative. Eligible bidders must be onshore United States organizations. Bidders must submit all questions regarding this opportunity no later than July 14, 2026. Responses must be submitted digitally via email or through the online portal.