This Solicitation opportunity from Illinois was posted on September 29, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
25-26 Compensation Study Small Purchase Small Business
Contract Overview
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The Illinois Housing Development Authority (IHDA) is seeking a qualified consultant to conduct a comprehensive compensation and benefits study for its multifamily, homeownership, asset management, and SPAR departments, covering approximately 107 positions. The project aims to analyze current salary structures, compare them with similar organizations, and provide recommendations for adjustments to ensure competitive and equitable compensation practices. The contract, valued between 50,000 and 150,000 dollars, is set for a six-month duration, with vendors required to demonstrate extensive relevant experience, possess an Illinois office, and submit competitive bids through the BidBuy platform. The procurement process emphasizes strict compliance with Illinois state contracting regulations, including mandatory certifications related to legal, ethical, and environmental standards, and adherence to the state's standard terms and conditions, which govern payment, subcontracting, audit rights, and confidentiality. Supporting documentation underscores the importance of compliance with Illinois procurement laws, including certifications on legal and environmental standards, tax identification validation, and adherence to prevailing wage laws. Vendors must certify their responsibility and legal authority to operate within Illinois, and their proposals will be evaluated based on the lowest responsible bid. The contract also incorporates provisions for ongoing reporting and compliance, with a focus on transparency, accountability, and adherence to state policies. Overall, the project aims to ensure IHDA's compensation practices are aligned with industry standards, fostering fair employee remuneration while maintaining compliance with all applicable state regulations and contractual obligations.
General Info
Place of Performance
IL, USASet-Aside
Documents
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Timeline
Submission Closed
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