Social Economic Data - SPSS

The State of Illinois, through its Finance & Administration division (FINADMIN494), awarded an Open Market Small Purchase contract to Woods & Poole Economics, Inc. on October 26, 2026. The contract, identified as 27-494DOT-FINAD-P-103158, carries a total contract value of $4,500.00 and extends for a one-year period through October 26, 2027. The deliverables under this award fall within the information technology and data services category, encompassing database information retrieval, database analysis services, data processing and preparation services, content or data standardization services, and general data services as defined by the United Nations Standard Products and Services Code (UNSPSC) classifications.

The contracted services are subject to the State of Illinois Chief Procurement Office General Services Standard Terms and Conditions (Version 23.2), which establish the uniform contractual framework governing the engagement. Key contractual requirements include compliance with the State Prompt Payment Act (30 ILCS 540), maintenance of General Commercial Liability insurance at $1,000,000 per occurrence with $2,000,000 annual aggregate, a twelve-month warranty on services, intellectual property ownership vesting exclusively with the State of Illinois, and a three-year record retention obligation. The contract is subject to termination for cause with written notice and cure periods, termination for convenience with thirty days' notice, and contingency termination based on appropriation availability.