Generative AI Procurement Tools

Background
The State of Tennessee, through its Finance & Administration - Strategic Technology Solutions, is seeking to modernize and enhance its procurement processes by leveraging Generative AI. The goal of this initiative is to identify innovative GenAI procurement tools that can assist procurement professionals in streamlining contract scope definition, automating RFP generation, and efficiently analyzing vendor responses. This effort aims to improve the efficiency, accuracy, and effectiveness of procurement operations while reducing manual effort and minimizing potential risks.

Work Details
The State is looking for sophisticated GenAI Procurement Tools that can:
- Streamline contract scope definition
- Automate the generation of Requests for Proposals (RFPs)
- Analyze vendor responses efficiently
- Enhance accuracy and decision-making in procurement processes
- Identify potential risks and ambiguities in contract scopes
- Assist in creating technical questions and cost structures for RFPs
- Compare bids and score proposals effectively. Additionally, the tools must comply with security policies ensuring all state data remains within the United States.

Period of Performance
The RFI was issued on February 5, 2025, with various deadlines for vendor questions and responses culminating in a complete review of responses by April 11, 2025. The timeline for implementation will be determined based on selected proposals.

Place of Performance
The geographic location for performance is primarily within the State of Tennessee.