FY26 Anti-Predatory Lending Database SEFS

The contract involves a sole source award to Catalis Regulatory & Compliance for the management, support, and hosting of the Illinois Department of Financial and Professional Regulation’s Anti-Predatory Lending Database (APLD). This database is mandated by Illinois law to track residential mortgage transactions in specific counties and to facilitate credit counseling for high-risk loans. The contract, valued at approximately 1.49 million dollars, is a one-year, non-renewable agreement starting September 2, 2025, and ending September 1, 2026. The justification for sole sourcing is based on the proprietary nature of Catalis’s software and operational support, which are unique and essential for meeting statutory requirements. The vendor is responsible for program management, technical support, data security, and compliance, providing continuous system hosting and support services, including help desk functions and regulatory reporting, with a focus on safeguarding confidential information per applicable laws. The contractual framework is primarily governed by Illinois statutes, notably Public Act 94-280, which amends the Residential Real Property Disclosure Act, and related administrative rules. No federal or state standard clauses, attachments, or exhibits are incorporated; all specifications and requirements are embedded within the main contract. The agreement emphasizes security, ongoing compliance, and system availability, with performance monitored through regular reporting rather than formal inspection procedures. The procurement is characterized by its exclusivity, with no evaluation criteria, competitive process, or proposal submission instructions specified, reflecting the statutory and proprietary basis for the award. Payment is structured into monthly installments, with no additional costs or renewal options, and the contract’s scope is limited to services rather than physical deliverables.