Baker Tilly Emergency Extension Request-CPO signed.pdf

EMERGENCY PURCHASE EXTENSION APPROVAL

State of Illinois Chief Procurement Office for General Services Emergency Purchase Extension Approval v.25.2 Page 1 of 4

Section 20-30(a) of the Procurement Code provides that a contract for an emergency may be extended beyond 90 calendar days with the approval of the chief procurement officer (CPO). Prior to execution of the extension, the CPO shall receive this completed form justifying the extension. The duration of the extension shall be limited to the scope of the emergency.

Zip: 60601State: ILCity: ChicagoAddress: 205 N. Michigan Avenue

Vendor: BAKER TILLY ADVISORY GROUP LP

Zip: 60601State: ILCity: ChicagoAddress: 160 N. LaSalle

Requesting Agency: IFA - IL Finance Authority Division: NA

Extension Justification BidBuy Reference #:

Amount of original contract: $ 250,000

Actual or Estimated: Estimated

Original BidBuy Reference #: B-48450

Original Emergency Term Start Date: Jun 26, 2025 Original Emergency Term End Date: Sep 23, 2025

Expected Extension Start Date: Sep 24, 2025 Expected Extension End Date: Sep 23, 2026

Amount of extension contract: $ 1,000,000 Actual or Estimated: Estimated

Is there BEP participation on this contract? If yes, please detail

Vendor is a minority-owned business enterprise

Has this emergency contract been extended before? Please detail in the space below:

BidBuy Reference # Amount Start Date End Date

$0.00

$0.00

$0.00

1. Provide detail about the events that led the agency to conduct an emergency procurement:

The immediate selection of this vendor is necessary to avoid lapsing or loss of federal funds pursuant to 44 Ill.Adm. Code 1.2030(c)(5). The Illinois Finance Authority (IFA) is in implementing or supporting the implementation of various federal financial assistance programs that are intended to support energy efficiency and the development of clean energy resources.

Ambitious state decarbonization goals and anticipated changes in policy priorities at the federal level have advanced implementation timelines for these programs, and expediting project implementation with this vendor is essential to preserve the state’s access to federal funding and incentives. Critical to the state's decarbonization efforts is pairing state and private investment with the various federal tax credits (including but not limited to direct pay credits) created by the federal Inflation Reduction Act (IRA) and the many (and often changing) pieces of federal guidance implementing the IRA (collectively, the "IRA Federal Credits"). IFA requires comprehensive tax and advisory services to support the urgent deployment of existing resources to capture IRA Federal Credit opportunities, the continued duration of which is limited and subject to ongoing attacks by the federal government. If IFA and its other state partners are able to pair public and public-private investment with the currently

Emergency Purchase Extension Approval v.25.2 Page 2 of 4

Section 20-30(a) of the Procurement Code provides that a contract for an emergency may be extended beyond 90 calendar days with the approval of the chief procurement officer (CPO). Prior to execution of the extension, the CPO shall receive this completed form justifying the extension. The duration of the extension shall be limited to the scope of the emergency.

Zip: 60601State: ILCity: ChicagoAddress: 205 N. Michigan Avenue

Vendor: BAKER TILLY ADVISORY GROUP LP

Zip: 60601State: ILCity: ChicagoAddress: 160 N. LaSalle

Requesting Agency: IFA - IL Finance Authority Division: NA available IRA Federal Credits, we have the potential to reduce the financial burden on Illinois taxpayers/ratepayers/residents by offsetting project costs with tax credits. We will also be able to leverage the IRA Federal Credits to reduce the risk of IFA loans to support clean energy projects, which will enhance our ability to attract private investment for these projects. The IRA Federal Credits require strict compliance with complicated regulations and, without IFA and this vendor's support, the compliance burden would likely fall on local governments and contractors that will not have a robust specialized compliance and project management infrastructure. This vendor is able to provide comprehensive strategic advice relating to deployment of available federal funds to support state and local clean energy infrastructure projects and support for compliance with the requirements of the IRA Federal Credits and other IRA clean energy programs. The vendor's expertise in the federal clean energy tax credit and grant program compliance fields will be essential in administering these time-sensitive programs

2. What is the scope of work of the initial emergency contract? Please detail below:

State project tax credit facilitation: perform pre-construction tax credit eligibility, post-construction tax credit substantiation, and direct pay filing processes for IFA and state agency projects.

3. Does this extension change the scope of work? Yes No If yes, please detail below:

4. Provide justification for extending the original emergency contract:

The emergency purchase and extensions maintain continuity of current services and prevent or minimize serious disruption to comprehensive tax and advisory services to support the urgent deployment of existing resources to capture IRA Federal Credit opportunities, the continued duration of which is currently limited and subject to ongoing attacks by the federal government.

Current federal policy seeks to undermine the IRA Federal Credit programs and the industries and projects they were intended to support. If IFA and its other state partners are able to pair public and public-private investment with the currently available IRA Federal Credits, we have the potential to reduce the financial burden on Illinois taxpayers/ratepayers/residents by offsetting project costs with tax credits. We will also be able to leverage the IRA Federal Credits to reduce the risk of IFA loans to support clean energy projects, which will enhance our ability to attract private investment for these projects. The IRA Federal Credits require strict compliance with complicated regulations and, without IFA and this vendor's support, the compliance burden would likely fall on local governments and contractors that will not have a robust specialized compliance and project management infrastructure. This vendor is able to provide comprehensive strategic advice relating to deployment of available federal funds to support state and local clean energy infrastructure projects and support for compliance with the requirements of the IRA Federal Credits and other IRA clean energy programs. The vendor's expertise in the federal clean energy tax credit and grant program compliance fields will be essential in administering these time-sensitive programs

Emergency Purchase Extension Approval v.25.2 Page 3 of 4

Section 20-30(a) of the Procurement Code provides that a contract for an emergency may be extended beyond 90 calendar days with the approval of the chief procurement officer (CPO). Prior to execution of the extension, the CPO shall receive this completed form justifying the extension. The duration of the extension shall be limited to the scope of the emergency.

Zip: 60601State: ILCity: ChicagoAddress: 205 N. Michigan Avenue

Vendor: BAKER TILLY ADVISORY GROUP LP

Zip: 60601State: ILCity: ChicagoAddress: 160 N. LaSalle

Requesting Agency: IFA - IL Finance Authority Division: NA

5. Does this emergency contract correct or eliminate the emergency condition?

Yes No Please detail:

The IFA is requesting a 12-month additional extension to ensure services remain available as the IRA Federal Credits are sunset.

6. Explain why the need cannot be met through a competitive procurement process.

The immediate selection of this vendor is necessary to avoid lapsing or loss of federal funds pursuant to 44 Ill.Adm. Code 1.2030(c)(5). IFA is implementing or supporting the implementation of various federal financial assistance programs that are intended to support energy efficiency and the development of clean energy resources. Recent federal legislation reduced the availability of the IRA Federal Credits for renewable energy projects, and projects seeking to take advantage of the IRA Federal Credits must be underway or at an advanced stage of planning within the next few months. At the same time as the IRA Federal Credits are being phased out years earlier than anticipated, federal actions have eliminated billions in low-cost financing intended to support renewable energy projects, leading many projects scrambling to identify new financial support. Time is of the essence in ensuring the IRA Federal Credits are available to projects that are critical to the state's decarbonization efforts.

7. Is a competitive procurement in process to replace this emergency contract?

Yes No Status: other, please explain below

Given the now limited window for receipt of IRA Federal Credits, a competitive procurement process would not allow for services to be provided in a timely manner.

8. What is the effect of a denial of this extension request?

The comprehensive tax and advisory services provided by the Vendor is necessary to support Illinois renewable energy projects' opportunities to receive IRA Federal Credits while they remain available. If IFA and its other state partners are able to pair public and public-private investment with the currently available IRA Federal Credits, we have the potential to reduce the financial burden on Illinois taxpayers/ratepayers/residents by offsetting project costs with tax credits. Without these services, projects supported by IFA and other decarbonization efforts may not be viable or may come at a higher cost to IFA, taxpayers, and developers and users of renewable energy.

Emergency Purchase Extension Approval v.25.2 Page 4 of 4

Section 20-30(a) of the Procurement Code provides that a contract for an emergency may be extended beyond 90 calendar days with the approval of the chief procurement officer (CPO). Prior to execution of the extension, the CPO shall receive this completed form justifying the extension. The duration of the extension shall be limited to the scope of the emergency.

Zip: 60601State: ILCity: ChicagoAddress: 205 N. Michigan Avenue

Vendor: BAKER TILLY ADVISORY GROUP LP

Zip: 60601State: ILCity: ChicagoAddress: 160 N. LaSalle

Requesting Agency: IFA - IL Finance Authority Division: NA

BidBuy Reference #: B-46985

Signatures below cannot be delegated.

APO Signature I am requesting an extension of the requested emergency contract. I believe all statements herein are true and correct to the best of my knowledge.

APO Signature: Date: 9/16/2025

SPO Signature

SPO Signature: Date: 9/16/2025

CPO Signature Based on my review, I approve the Agency to proceed in accordance with the emergency contract extension detailed in this document.

Based upon my review, I approve the Agency to proceed with the following changes:

CPO Signature: Date: Sep 23, 2025

Page of

Section 20-30(a) of the Procurement Code provides that a contract for an emergency may be extended beyond 90 calendar days with the approval of the chief procurement officer (CPO). Prior to execution of the extension, the CPO shall receive this completed form justifying the extension. The duration of the extension shall be limited to the scope of the emergency.

State of Illinois Chief Procurement Office for General Services Emergency Purchase Extension Approval v. 25.2

EMERGENCY PURCHASE EXTENSION APPROVAL

State of Illinois Chief Procurement Office for General Services Emergency Purchase Extension Approval v.25.2 Page of Section 20-30(a) of the Procurement Code provides that a contract for an emergency may be extended beyond 90 calendar days with the approval of the chief procurement officer (CPO). Prior to execution of the extension, the CPO shall receive this completed form justifying the extension. The duration of the extension shall be limited to the scope of the emergency.

Extension Justification Actual or Estimated:

Has this emergency contract been extended before? Please detail in the space below:

BidBuy Reference # Amount Start Date End Date

1. Provide detail about the events that led the agency to conduct an emergency procurement:

2. What is the scope of work of the initial emergency contract? Please detail below:

3. Does this extension change the scope of work?

If yes, please detail below:

4. Provide justification for extending the original emergency contract:

5. Does this emergency contract correct or eliminate the emergency condition?

Please detail:

6. Explain why the need cannot be met through a competitive procurement process.

7. Is a competitive procurement in process to replace this emergency contract?

8. What is the effect of a denial of this extension request?

Signatures below cannot be delegated.

APO Signature I am requesting an extension of the requested emergency contract. I believe all statements herein are true and correct to the best of my knowledge.

SPO Signature CPO Signature 11.0.0.20130303.1.892433.887364