FY27 OEIT Lexis Nexis

Active Open Market Small Purchase Illinois Awarded

Contract number
27-420DCEO-STRTC-P-95044
Awardee
LexisNexis Risk Solutions FL Inc.
Contracting organization
Strategic Sourcing & Procurement
Contract amount
$5,280

Award facts

Completion date

Award details come from bidbuy.illinois.gov. Updated .

About this award

The State of Illinois, through the Strategic Sourcing & Procurement organization, awarded an Open Market Small Purchase contract to LexisNexis Risk Solutions FL Inc. effective July 1, 2026, through June 30, 2027. The total contract value is $5,280.00. The award is designated as 27-420DCEO-STRTC-P-95044.

The contract deliverable consists of four software licenses for a third-party compliance, fraud detection, data analytics, and risk management platform designed specifically for governmental agencies. The licensing arrangement covers four concurrent users at a monthly rate of $440.00 (equivalent to $110.00 per user per month), with services rendered across the twelve-month contract period. Per the State of Illinois Chief Procurement Office standard terms and conditions, the vendor is responsible for compliance with all applicable federal, state, and local laws, maintenance of records, and insurance requirements, with the State retaining exclusive ownership of all work products and intellectual property generated under the contract.

Line items

Item Total
4 Licenses from third party software designed for governmental agencies searching company compliance, fraud detection, data analytics and risk management. Effective 7/1/26-6/30/27 for 4 users at $110.00/month per user or $440.00/month. 12 × $440.00 $5,280.00

Files

File Type Posted
standard-terms-and-conditions~87.pdf PDF

Quick answers

Who was awarded contract 27-420DCEO-STRTC-P-95044?

Contract 27-420DCEO-STRTC-P-95044 was awarded to LexisNexis Risk Solutions FL Inc. by Strategic Sourcing & Procurement in Illinois on July 1, 2026.

How much is contract 27-420DCEO-STRTC-P-95044 worth?

Its contract amount is $5,280.

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