FY27 IDFPR Promotional Items SP

The State of Illinois, through the Office of the Secretary, awarded an Open Market Small Purchase contract to Ideal Business Products on July 24, 2026, for the procurement of novelties and advertising specialty products, including biodegradable items. The contract, identified as 27-440DFPR-SECRE-P-99711, is valued at $4,625.00 and extends through June 30, 2027. The requisition, issued by the Illinois Department of Financial and Professional Regulation Procurement Office, sought nine promotional items with detailed specifications provided through the BidBuy system.

Ideal Business Products was selected as the prime contractor to supply the specified promotional items to support the state agency's marketing and outreach objectives. The contract operates under the State of Illinois Chief Procurement Office General Services Standard Terms and Conditions, which establish payment procedures, prevailing wage compliance requirements, insurance mandates including $1,000,000 per occurrence general liability coverage, record retention obligations, and termination provisions allowing the state to terminate for convenience with thirty days' notice. The procurement was executed as a small purchase under open market procedures, indicating the contract value fell within established thresholds for simplified acquisition methods.