FY26-27 Regional Economic Modeling (REMI) Subscription SP with Sole Source Conditions

The contract establishes a 12-month service agreement between the Illinois Department of Revenue and a vendor for the provision of Regional Economic Modeling (REMI) subscriptions, covering the period from December 1, 2025, to November 30, 2026, with a total value of $26,917. It is categorized as a small purchase with sole source conditions, indicating a direct award without competitive bidding. The scope involves granting access to REMI’s regional economic models at both summary (70-sector) and detailed (160-sector) levels, primarily through licensing and maintenance services. The agreement emphasizes compliance with Illinois statutes, administrative codes, and federal laws, including procurement, equal opportunity, and prompt payment acts. Payment is processed upon invoicing, with specific deadlines for invoice submission tied to the fiscal year, and the contract stipulates that all services must be performed by trained personnel, with performance monitored and subject to review by the State. The contractual framework incorporates numerous Illinois-specific statutes and regulations, such as the Illinois Procurement Code, Court of Claims Act, FOIA, and the State Prompt Payment Act, but does not reference federal FAR clauses directly. It includes provisions for background checks, subcontracting approval, warranties, confidentiality, and performance monitoring, with the State retaining oversight authority. The agreement does not specify detailed packaging, labeling, or shipping standards, nor does it include attachments, exhibits, or referenced supporting documents beyond legal and regulatory citations. The award is based on a small purchase, sole source basis, with no formal evaluation criteria or competitive process outlined. Payment procedures, administrative contacts, and contract management details are clearly defined, emphasizing compliance, performance standards, and the vendor’s responsibility to maintain records and notify the State of any issues impacting performance.