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26-446DOI-FINAD-B-50706 | EXEMPT NOTICE DOI GCI Exempt Procurement Report - January 2026

Awarded
26-446DOI-FINAD-B-50706State & Local

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The contract titled "EXEMPT NOTICE DOI GCI Exempt Procurement Report - January 2026" is a solicitation issued by the Finance & Administration agency of Illinois, specifically managed out of Springfield, IL. The document was posted on January 13, 2026, and pertains to an exempt procurement report under the reference number 26-446DOI-FINAD-B-50706. This solicitation does not specify a type of set-aside or NAICS code, indicating it might be open without particular small business preferences. The point of contact for this solicitation is Jennifer Allen, listed as the purchaser, who can be reached via the provided procurement email. The contract is associated with State and Local Government operations and focuses on financial administration tasks within Illinois. All activities related to the procurement are expected to take place in Springfield, Illinois. More detailed information regarding the solicitation and submission can be accessed through the state's official bid platform.

General Info

Illinois Finance & Administration issues exempt procurement report solicitation for January 2026 in Springfield.

Place of Performance

Springfield, IL 62767, Springfield, IL, 62767, USA

Set-Aside

NONE

Documents

1

Exempt Procurement Report January 2026

XLSX, Low priorityexempt-procurement-report
Low

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Timeline

PhaseAwarded
Posted

Solicitation

Awarded

Contract was awarded

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Organization & Contact Information

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AgencyIllinois → Finance & Administration
Contacts1 person available
OfficeSpringfield, IL, 62767, USA
Office AddressSpringfield, IL, 62767, USA
Contacts
Jennifer AllenPurchaser

Full Description

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EXEMPT NOTICE DOI GCI Exempt Procurement Report - January 2026

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26-446DOI-FINAD-B-50721 | RFP - Pharmacy Benefit Managers Oversight and Reform Implementation Services
Solicitation # 26-446DOI-FINAD-B-50721
The Illinois Department of Insurance is soliciting proposals under solicitation number 26-446DOI-FINAD-B-50721 for Pharmacy Benefit Manager (PBM) Oversight and Reform Implementation Services. This new initiative aims to ensure compliance with the Prescription Drug Affordability Act and related legislation by eliminating spread pricing, preventing PBM steering practices, and facilitating 100 percent rebate pass-throughs. The selected vendor or vendors will provide regulatory oversight, reform recommendations, forensic accounting, data and pricing specialist services, and the development of annual transparency reports and market conduct examinations. A key requirement includes the submission of a comprehensive training plan within 30 days of contract execution, with materials updated every six months to support Department staff. The contract features a multi-award structure consisting of primary, secondary, and tertiary vendors, with an initial five-year term that may be extended up to a maximum of ten years. Services will be requested on an as-needed basis, and the state will utilize a tiered approach where the primary vendor is offered work first. Evaluation is based on a combination of technical qualifications and a Commitment to Diversity score, with a minimum threshold of 840 points required to proceed to price evaluation. Price points are awarded based on the sum of hourly rates. All proposals, including technical documents and pricing, must be submitted electronically via the BidBuy portal. Successful vendors must execute a non-disclosure agreement and comply with Illinois state procurement regulations, including diversity and cybersecurity certifications.
Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds

POSTED

about 2 months ago

DEADLINE

N/A
View Details

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