The Vendor is required to provide enterprise land and lease management software for include:
- Core functional capabilities
1. Land and property management
• Solution support the management of sand, property, and related asset inventories
• Solution support land acquisitions, dispositions, and other property transactions
• Property characteristics, legal descriptions, ownership interests, zoning information, encumbrances, and related records managed
• Solution support property inspections, site visits, and related activities
2. Land sales management
• Solution support land sales processes and activities
• Solution manage lot inventory, availability, reservations, and status tracking
• Solution support the administration of land sale agreements and associated activities
• Capabilities exist to support the monitoring of conditions, obligations, milestones, deposits, and closing requirements
3. Lease, agreement, and concession management
• Solution support the administration of leases, licenses, concessions, easements, agreements, and other land- or property-related arrangements
• Solution support the lifecycle management of agreements from initiation through renewal, amendment, and termination
• Critical dates, renewal options, rent reviews, escalations, and other contractual events managed
• Solution support the tracking of obligations, commitments, and contractual term.
4. Financial management
• Solution support billing, invoicing, and revenue management activities
• Solution support payment processing and accounts receivable functions
• Financial adjustments, escalations, deposits, securities, taxes, interest calculations, and related financial transactions managed
• Financial reporting, forecasting, and revenue-tracking capabilities are available
5. Workflow and process management
• Solution support workflow automation and business process management
• Capabilities are available for approvals, reviews, tenewals, amendments, and other process-driven activities
• Extent can workflows, notifications, forms, and business rules be configured by customers without vendor involvement
6. Document and information management
• Solution support the management of documents and records associated with properties, agreements, and transactions?
• Capabilities are available for document storage, retrieval, version control, and document generation
• Solution support information organization, retention, and accessibility throughout the lifecycle of a property or agreement
• Any integration capabilities with enterprise document management systems, including SharePoint.
7. GIS and spatial capabilities
• Solution support integration with GIS platforms such as Esri ArcGIS
• Map-based capabilities are available for viewing, managing, and analyzing land and property information
• Property records linked to spatial data, parcels, and geographic attributes
• Spatial search, visualization, and reporting capabilities are available.
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