PO26-050 Elote Festival - Silver Sponsorship

The State of Illinois, through the Procurement418 division, awarded a small purchase contract to the Village of Round Lake Beach on August 22, 2025, with a contract value of $2,500.00. The contract's performance period is brief, spanning from the award date to August 24, 2025, and appears to be associated with an Elote Festival sponsorship, specifically a Silver Sponsor level engagement.

The contract is classified as an Open Market Small Purchase and involves a single line item for sponsorship, with the item description noting "Elote Festival - Silver Sponsor 3PS - Sent". While specific details of the sponsorship are not fully elaborated, the contract is governed by the State of Illinois Chief Procurement Office General Services Standard Terms and Conditions (Version 23.2), which establishes comprehensive contractual requirements for vendors. The standard terms cover critical aspects such as payment procedures, performance standards, insurance requirements, and operational compliance expectations for the contracted entity.