The Florida Department of Revenue is seeking information from vendors with experience implementing inventory management system programs for state taxing agencies.
According to a request for information (RFI) from the agency, the department’s Office of Financial Management (OFM) is statutorily required to track and manage all property items, including acquisition, value, status, location and disposal.
The department currently relies on property liaisons across different programs to perform a manual inventory process each fiscal year using scanners to identify property items and their location. Once all property data is accumulated, liaisons provide the data to the property administrator within OFM, and all manual updates are added to the inventory system.
“There is a separate internal system used to route transfers of property either to another location or identify property for disposal,” the RFI states, plus another “separate internal system used to create property decals when property is acquired.”
The department’s goal is to acquire a system that can streamline this process and be compatible with the state’s new accounting system, PALM, which will launch in 2026.
Required features of this new system include tracking properties throughout their life cycle, search capabilities, reporting and data export options.
For vendors interested in the opportunity, all responses are due to the agency at 3 p.m. April 11.
More information about the RFI can be found online.
Department of Revenue Issues RFI for Inventory Management System
By statute, the department is required to track and manage all property items, including acquisition, value, status, location and disposal. To help with this process, the agency seeks a vendor to provide information about an inventory management system.
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