Digital Payout Platform for Research Incentives

The University of Rhode Island (URI) is soliciting proposals to establish a University Price Agreement for a digital payout platform to distribute research incentives to study participants. The required platform must feature URI administrative functions, real-time payout tracking, role-based controls, international currency conversion, standard financial and tax reporting, fraud prevention systems, and audit support with a ten-year record retention period. The contract term begins approximately January 1, 2027, for three years, with potential one-year renewals based on performance and funds. Eligibility is limited to onshore vendors based in the USA, and performance will be offsite. Responses can be submitted digitally via email or online with separate electronic files for technical proposals, cost proposals, and IT compliance responses. Proposals are evaluated in two technical phases totaling up to 70 points, plus up to 30 points for cost proposals and 6 bonus points for ISBE participation. Phase 1 requires a minimum score of 30 out of 40 points to advance. Vendors scoring 50 points or higher across technical evaluations must pass IT compliance criteria, provided within 10 business days of notification if not included initially, to have their standalone cost proposals evaluated.