FY27 FPR DOB IBEEF Annual Tax Filing SP

The State of Illinois, through its Department of Financial and Professional Regulation (IDFPR) Division of Banking, awarded an Open Market Small Purchase contract to The Tax-Life Experts on August 17, 2026, for the preparation, filing, and IRS reporting of the Illinois Bank Examiners' Education Foundation (IBEEF) Form 990. The contract value is $975 and covers a single service delivery with a completion deadline of November 15, 2026. The awardee is required to be a certified tax professional or licensed accountant and will be responsible for preparing the required Form 990 documentation and ensuring timely electronic filing to the Internal Revenue Service and applicable third parties in accordance with federal compliance requirements.

The period of performance extends from the award date of August 17, 2026, to the filing deadline of November 15, 2026. The contractor will receive from IDFPR a concise summary document containing the necessary financial information required to prepare and file the Form 990. As a contract awarded below the $1,000 threshold, the vendor is exempt from the Illinois minority contractor initiative fee requirement. The contract is subject to all applicable State of Illinois Standard Terms and Conditions and Standard Illinois Certifications, which establish compliance requirements pertaining to insurance, record retention, legal compliance, and other operational standards throughout the contract term.