Virginia Department of Education (Virginia) posted this RFP on Oct 30, 2026. No response date is listed. Category: Information Technology. Solicitation number 130963.
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The Virginia Department of Education is seeking proposals from qualified vendors to design, develop, and implement a dynamic K-12 Education Funding Formula Simulation Model. The primary objective is to support the Department in developing a new student-based or student-weighted funding formula.
The vendor will build a customizable software tool or comprehensive data model that allows policymakers to simulate fiscal impacts across all school districts based on varying policy levers and demographic shifts.
The vendor shall review and consider all recommendations from the Joint Legislative Audit and Review Commission's (JLARC) 2023 report, which will serve as a key foundation for the development of the updated funding formula.