IFA Personal Service Contracts through 06/30/25

The Illinois Finance Authority has issued a series of personal service contracts exempt from the Illinois Procurement Code under statutory authority 30 ILCS 500/1-10(b)(4), covering active engagements through June 30, 2025. These contracts are primarily documented through a detailed spreadsheet listing individual contractors, their roles, contract durations, and total amounts paid, with contract values ranging from approximately $20,000 to $175,000. The contracts support a broad spectrum of specialized functions including procurement law, legal operations, IT development, human resources, loan and guarantee programs, and board operations. They are awarded under a statutory exemption, with no competitive evaluation criteria, federal clauses, or standard procurement forms explicitly referenced, emphasizing their exempt status and internal management under the authority's policies. The contractual framework relies heavily on internal policies and the statutory exemption, with key personnel such as Craig Holloway overseeing procurement and contract management, and other specialists providing expertise in legal, IT, HR, and operational areas. These individuals are engaged as independent contractors with clearly defined start and end dates, but the contracts do not specify detailed delivery schedules, inspection or acceptance procedures, or proposal submission instructions. The primary attachment supporting these contracts is an Excel spreadsheet that enumerates the active personal service contracts, their scope, and financial details. Overall, the contracts are structured to ensure operational continuity and compliance within the statutory exemption, without standard federal or detailed procurement clauses, and lack explicit provisions for packaging, marking, evaluation criteria, or proposal submission procedures.