FFIEC IT Examination Handbook
Development, Acquisition, and Maintenance booklet (August 2024) – FFIEC IT Examination Handbook

FFIEC IT Examination Handbook DAM-VI.D: VI.D Evaluation (Development, Acquisition, and Maintenance)

What does DAM-VI.D require?

Management evaluates RFI, RFP and RFQ responses through a formal, fair and consistent process with predetermined criteria that compares each proposal to the defined requirements and then compares the qualifying proposals, using general criteria such as audit rights and independent audit reports, confidentiality and privacy standards, copyright, delivery, liability limits, licensing, maintenance, financial condition, security requirements, backup and resilience, cost, operations and controls, end of life, legal requirements, subcontractors, testing, references, training, warranty, incident response roles and insurance, plus the software, hardware and service criteria the booklet tables.

Maintained by Gerard BlokdykControl text last updated

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