Sole Source Justification Form CAMRA FY26_SPO Signed.pdf

This document is a Sole Source Justification Form from the Illinois Housing Development Authority (IHDA), referencing Bulletin Number 26-551HDA-INFOT-B-48924. The primary vendor is SS&C Technologies, Inc., and the document pertains to a contract within the Information Technology department. The form is structured to justify a sole source procurement for the CAMRA software and related services.

The contract is for a term from September 30, 2025, to September 29, 2026, with an estimated value of $263,048.56. It covers software license, maintenance, support, and hosting for the CAMRA portfolio management software, which is critical for tracking IHDA's investment and debt portfolio. The software manages approximately $4.0-$4.5 billion in Mortgage Backed Securities, handles various financial transactions, and interfaces with multiple systems. The annual support fees include $552,893.16 for hosting, $21,215.32 for maintenance, $123,953.45 for licensing, $14,986.43 for automation, $10,000 for professional services, and an additional $40,000 for a client-specific version. The Authority has been using this software since an RFP in 1998 and considers it essential for its operational needs, with no alternative solutions identified.