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Optical Character Recognition (OCR) Software Solution

ID: SS-2024021694 • Type: Sources Sought

Description

NREL processes a large volume of accounts payable invoices and needs to be able to process invoices in a timely manner.

The objective of this Sources Sought is to identify potential OCR technology companies that are qualified and capable of integrating with Oracle EBS R12 with reliable invoice data extraction to improve existing NREL Accounts Payable processes.

Background
The National Renewable Energy Laboratory (NREL) processes a large volume of accounts payable invoices and aims to enhance its efficiency through the integration of Optical Character Recognition (OCR) technology.

The goal of this contract is to identify qualified OCR technology companies capable of integrating with Oracle EBS R12 to improve existing accounts payable processes at NREL.

Work Details
The selected contractor will be responsible for providing an OCR software solution that includes the following tasks:
1. Integration with Oracle EBS R12 for reliable invoice data extraction.
2. Development of a user-friendly interface with intuitive configuration options for non-technical users.
3. Ensuring data security and compliance with regulations such as GDPR.
4. Providing ongoing support and maintenance services for the OCR technology.
5. Evaluating the total cost of ownership, including licensing, implementation, and ongoing expenses.

Period of Performance
The project is anticipated to have a base period of performance totaling twelve (12) months, plus four one-year option periods, totaling a maximum of sixty (60) months if all options are exercised.

Place of Performance
The work will be performed at the National Renewable Energy Laboratory (NREL), South Table Mountain Campus, located at 15013 Denver West Parkway, Golden, CO 80401.

Overview

Response Deadline
Aug. 12, 2024, 7:00 p.m. EDT Past Due
Posted
July 29, 2024, 3:24 p.m. EDT
Set Aside
None
PSC
None
Place of Performance
Golden, CO 80401 United States
Source
SAM

Current SBA Size Standard
$47 Million
Est. Level of Competition
Low
Est. Value Range
Experimental
$50,000 - $200,000 (AI estimate)
Odds of Award
19%
On 7/29/24 Department of Energy issued Sources Sought SS-2024021694 for Optical Character Recognition (OCR) Software Solution due 8/12/24. The opportunity was issued full & open with NAICS 513210.
Primary Contact
Name
Rachel Province   Profile
Phone
None

Documents

Posted documents for Sources Sought SS-2024021694

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Additional Details

Source Agency Hierarchy
ENERGY, DEPARTMENT OF > ENERGY, DEPARTMENT OF > ALLIANCE SUSTAINABLE ENRGY-DOECONTR
FPDS Organization Code
8900-899060
Source Organization Code
500047910
Last Updated
Aug. 13, 2024
Last Updated By
rachel.province@nrel.gov
Archive Date
Aug. 13, 2024