Summary of Sole Source Justification Form

This is a Sole Source Justification Form (Bulletin Reference Number 27-551HDA-INFOT-8-53692) submitted by the Illinois Housing Development Authority (IHDA) for the procurement of software licensing, maintenance, and support services from SS&C Technologies, Inc. The document outlines the agency's intent to continue an ongoing sole source contract for CAMRA (portfolio management software) without competitive bidding.

The contract covers software license access, maintenance, support, automation, and hosting services for the CAMRA software package, which tracks IHDA's investment and debt holdings exceeding $5.0 billion. The estimated contract value is $229,439.97 for the initial term running from September 30, 2026, through September 29, 2027, with no renewal options. The cost breakdown includes annual hosting fees ($54,480.12), maintenance fees ($21,851.78), license fees ($127,672.05), automation fees ($15,436.02), and professional services ($10,000). Funding is provided through locally held funds at IHDA, a self-supporting public agency. The justification emphasizes that CAMRA is proprietary software owned solely by SS&C Technologies, and the system's critical customizations for IHDA's unique housing finance operations, complex accounting requirements, and multi-billion-dollar portfolio management functions make it impractical to replace. The Authority's substantial prior investment in CAMRA enhancements and the risk of service disruption to critical business operations support the sole source determination, which received State Purchasing Officer approval on August 28, 2026.