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Contract Information

 

Summary

Agency Name: DEPARTMENT OF FINANCIAL SERVICES

Agency Contract ID: OFR-COM-0065

Long Title: REAL System Support & Improvements

Vendor Name: ACCENTURE LLP

Total Contract Amount: $20,365,276.00

Total Budgetary Amount: $20,365,276.00

Total Payment To Date: $19,847,851.92

Date of Execution: 10/28/2016

General Description: Implementation of the REAL System Improvement Initiatives: 1) Migration of the Office of Financial Regulation's Division of Financial Institutions into the REAL System; and 2) Replacement of the REAL System's custom portal with a COTS software solution, and subsequent, ongoing operations and support of the REAL System effective 07/01/17. Renewal on services effective 07/1/2021. Renewal 1 contains Amendment 5. Amendment 6 provides that the vendors will work remotely. Amendment 7-Extension 1 (3-month extension to commence: July 1, 2026 - September 30, 2026).

Main Information

Agency Contract ID: OFR-COM-0065

FLAIR Contract ID: F0065

Short Title: REALSSI

Long Title: REAL System Support & Improvements

Contract Type: Standard Two Party Agreement by Statute

Contract Status: Extended

Date of Execution: 10/28/2016

Date of Beginning: 10/28/2016

Original End Date: 10/27/2021

New Ending Date: 09/30/2026

Agency Service Area: OFR

Statutory Authority: 287.057(1)(c), FS

Contract Involves State or Federal Financial Assistance: No

Recipient Type:

Provide for Administrative Cost: No

Provide for Periodic Increase: No

Procurement Information

Authorized Advanced Payment: No

Method of Procurement: Agency Invitation to Negotiate [s. 287.057(1)(c), F.S.]

State Term Contract ID:

Contract’s Exemption Justification:

Agency Reference Number: DFS OFR ITN 1617-01

Business Case Study Done: Yes

Business Case Date: 09/15/2015

Legal Challenges to Procurement: No

Outsourcing / Capital Improvements

Was the Contracted Function Previously Performed by the State: No

Was the Contracted Function Considered for Insourcing back to the State: No

Did the Vendor Make Capital Improvements on State Property: No

Budget Information

Original Contract Amount: $12,830,000.00

Total Contract Amount: $20,365,276.00

Total Recurring Budgetary Amount: $20,365,276.00

Total Non-Recurring Budgetary Amount: $0.00

Total Budgetary Amount: $20,365,276.00

Total Unfunded Amount: $0.00

As of Date: 3/3/2026

Recurring Budgetary Amount Account Code Fiscal Year Effective Date FY Cost Accumulator Agency Amendment Reference
$388,068.00 43-20-2-021018-43900550-00-210016-00 07/01/2026 2026-2027 A7-E1
$1,552,272.00 43-20-2-021018-43900550-00-210016-00 07/01/2025 2025-2026 R1
$1,507,056.00 43-20-2-021018-43900550-00-210016-00 07/01/2024 2024-2025 R1
$1,463,160.00 43-20-2-021018-43900550-00-210016-00 07/01/2023 2023-2024 R1
$1,420,548.00 43-20-2-021018-43900550-00-210016-00 07/01/2022 2022-2023 R1
$1,379,172.00 43-20-2-021018-43900550-00-210016-00 07/01/2021 2021-2022 R1
$1,339,000.00 43-20-2-021018-43900550-00-210016-00 07/01/2020 2020-2021
$1,339,000.00 43-20-2-021018-43900550-00-210016-00 07/01/2019 2019-2020
$1,461,000.00 43-20-2-021018-43900550-00-210016-00 07/01/2018 2018-2019
$2,906,800.00 43-20-2-021018-43900550-00-210016-00 07/01/2017 2017-2018
$1,764,000.00 43-20-2-021018-43900550-00-210016-00 07/01/2017 2017-2018
$3,845,200.00 43-20-2-021018-43900550-00-210016-00 07/01/2016 2016-2017


No Non-Recurring Budgetary records found for this contract.

Contract Change

Change Type Amendment Amount Agency Amendment Reference Change Description Amendment Effective Date Amendment Execution Date New Ending Date
Extension $388,068.00 A7-E1 A7-E1 07/01/2026 03/03/2026 09/30/2026
Amendment ($100,000.00) A4 Price reduction for Deliverable 3.D 01/17/2018 01/17/2018
Amendment $0.00 A3 Develop revised completion dates for all remaining Project t 12/13/2017 12/13/2017
Amendment ($75,000.00) A2 Modifies Exhibit 5, Price sheet ($75,000 reduction in the fi 08/17/2017 08/17/2017
Renewal $7,322,208.00 R1 R1 07/01/2021 01/13/2021 06/30/2026
Amendment $0.00 A1 Modifies Exhibit 1, SOW; NO COST 05/02/2017 05/02/2017
Amendment $0.00 A6 A6 10/01/2021 10/01/2021

Vendor

Name Line 1Name Line 2City State ZipMinority Vendor Designation
ACCENTURE LLP TALLAHASSEE FL 323110000 Hispanic, Non Certified

CFDA

No CFDA Codes found for the contract.

CSFA

No CSFA Codes found for the contract.
More Deliverable Number      Commodity/Service Type Major Deliverable Method of Payment
     
Information technology consultation services Integrated Master Schedule (Project Management Plan) Fixed Price - Lump Sum
     
Information technology consultation services Weekly Project Status Meetings and Written Meeting Summaries. Report provided monthly beginning Dec... Fixed Price - Lump Sum
     
Information technology consultation services Versa: Online Portal Detailed System Design Configuration Document Fixed Price - Lump Sum
     
Information technology consultation services Versa: Online Portal Training Certification Report Fixed Price - Lump Sum
     
Information technology consultation services Versa: Online Portal Training Plan Fixed Price - Lump Sum
     
Information technology consultation services Versa: Online Portal UAT Completion Report Fixed Price - Lump Sum
     
Information technology consultation services Versa: Online Portal Requirements Traceability Matrix Fixed Price - Lump Sum
     
Information technology consultation services Versa:Online Portal Requirements & Business Process Confirmation Document Fixed Price - Lump Sum
     
Information technology consultation services Division of Financial Institutions (DFI) Training Certification Report Fixed Price - Lump Sum
     
Information technology consultation services Division of Financial Institutions (DFI) Training Plan Fixed Price - Lump Sum
     
Information technology consultation services Division of Financial Institutions (DFI) User Acceptance Testing Completion Report Fixed Price - Lump Sum
     
Information technology consultation services Division of Financial Institutions (DFI) User Acceptance Test Cases Fixed Price - Lump Sum
     
Information technology consultation services Division of Financial Institutions (DFI) Data Conversion Plan Fixed Price - Lump Sum
     
Information technology consultation services Division of Financial Institutions (DFI) Data Conversion Completion Report Fixed Price - Lump Sum
     
Information technology consultation services Division of Financial Institutions (DFI) Detailed System Design/Configuration Document Fixed Price - Lump Sum
     
Information technology consultation services Division of Financial Institutions (DFI) Requirements Traceability Matrix Fixed Price - Lump Sum
     
Information technology consultation services Division of Financial Institutions (DFI) Requirements Definition & Business Process Definition Docum... Fixed Price - Lump Sum
     
Information technology consultation services Final DFI Migration System Improvement Initiatives Status Report Fixed Price - Lump Sum
     
Information technology consultation services Quarterly Status Report (4 reports @ $50,000 each) totaling $200,000.00 (Jan 2017, April 2017, July... Fixed Price - Lump Sum
     
Information technology consultation services Operational Work Plan Fixed Price - Lump Sum
     
Information technology consultation services Project Management Plan Fixed Price - Lump Sum
     
Information technology consultation services Final Portal Replacement System Improvement Initiatives Status Report Fixed Price - Lump Sum
     
Proprietary or licensed systems maintenance or support Ongoing Maintenance Services - Monthly O&M Report (12 reports). Fiscal Year 17-18. Invoiced monthly... Fixed Price - Lump Sum
     
Proprietary or licensed systems maintenance or support Ongoing Maintenance Services - Monthly O&M Report (12 reports). Fiscal Year 18-19. Invoiced monthly ... Fixed Price - Lump Sum
     
Information technology consultation services Versa: Online Portal User Acceptance Plan and Test Cases Fixed Price - Lump Sum
 Displaying 1 to 25 of 33     1 2 Next  Last


Payments are also referred to as expenditures (creating or incurring a legal obligation to disburse money) or disbursements (the payment of expenditures). Payments include disbursements and accounting adjustments made on a contract. Payments are always positive amounts while accounting adjustments may be positive or negative depending on the type of adjustment.

Payment Details

"Date" in the listing below indicates the date the payment voucher was recorded in the system, not the date the payment was issued.
More Fiscal Year Total Amount
     
2025-2026 $1,422,916.00
     
2024-2025 $1,507,056.00
     
2023-2024 $1,463,170.00
     
2022-2023 $1,420,538.00
     
2021-2022 $1,379,172.00
     
2020-2021 $1,338,999.96
     
2019-2020 $1,338,999.96
     
2018-2019 $1,461,000.00
     
2017-2018 $3,383,800.00
     
2016-2017 $5,132,200.00

If a payment or adjustment to a contract was made before July 1, 2012, the information may not be posted in this system.

Contract Documents


Click on the pdf icon or Agency Document Link to view the document
Document Type Document Reference # Executed Date Document Add Date Agency Document Link View
Original Contract Original Contract - F0065 10/28/2016 11/18/2016 12:35:30 PM
Amendment A1 05/02/2017 5/22/2017 10:08:32 AM
Amendment A2 08/17/2017 8/23/2017 2:18:11 PM
Amendment A3 12/13/2017 1/18/2018 9:40:53 AM
Amendment A4 01/17/2018 1/18/2018 10:36:00 AM
Amendment A6 10/01/2021 10/18/2021 5:34:18 PM
Extension A7-E1 03/03/2026 3/3/2026 12:07:16 PM
Renewal R1 01/13/2021 4/20/2021 10:42:21 AM


Audit results posted prior to June 30, 2012, appear in a summarized form. As of July 1, 2012, the audit reporting process was expanded to include additional questions and comments from the Bureau of Auditing. As audits are captured in electronic format, they will be posted to this system. If you are interested in seeing audit reports by Fiscal Year and Agency Action Plans, please click here to navigate to the Transparency Florida Contract Audit page.
Audit Type Review Date Fiscal Year View
Expanded Audit of Payment 04/23/2018 2017-2018 View
Contract Review 12/22/2016 2016-2017 View
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