Specifications include, but are not limited to:. The STATE is soliciting proposals for a software-as-a-service, preferably cloud based, to produce the State of North Dakota CAFR in accordance with U.S. General Accepted Accounting Principles (GAAP) and the requirement of the Certificate in Excellence in Financial Report Award Program administered by the GFOA. This solution will be used by the Office of Management and Budget as well as all state agencies in annually preparing the State’s CAFR. Applicable Directives This information technology project is subject to the following: N.D.C.C. § 54 - 10 - 28 related to the state auditor’s authority to conduct information technology compliance reviews. N.D.C.C.§ 54 - 59 related to the Information Technology Department If applicable, N.D.C.C. §§ 54 - 35 - 15.2, 54 - 35 - 15.3, and 54 - 35 - 15.4 related reporting to and review by the Legislative Council Information Technology Committee. Information Technology Solution The STATE has developed the following Requirements Matrix Table to describe the requirements for the proposed solution. The solution must be implemented with a minimum of all requirements rated with a priority of Core and Essential.