SSJF CAMRA 26-27 Part I SPO Signed.pdf

This is a Sole Source Justification Form (Bulletin Reference 27-551HDA-INFOT-8-53692) submitted by the Illinois Housing Development Authority (IHDA), a self-supporting public agency, for the procurement of software maintenance, support, and hosting services from SS&C Technologies, Inc. The form documents the Authority's intent to continue an ongoing sole source contract for CAMRA (Computer Aided Mortgage Recording and Analysis), a portfolio management software package used to track the Authority's investment and debt holdings. The contract has been continuously renewed annually since 1998, when it was originally competitively bid through an RFP, with subsequent upgrades to Microsoft SQL Server infrastructure completed in 2016.

The estimated contract value for the current term (September 30, 2026 through September 29, 2027) is $229,439.97, funded through locally held funds at the Authority. The cost breakdown includes an annual hosting fee of $54,480.12, annual maintenance fee of $21,851.78, annual license fee of $127,672.05, automation fee of $15,436.02, and professional services up to $10,000 at a rate of $275 per hour. The contract is a term contract with no renewal options and does not extend beyond 12 months. The Authority justified the sole source procurement on grounds that CAMRA is proprietary software only available from SS&C Technologies, with unique customizations developed specifically to meet the Authority's complex financial requirements and regulatory obligations. The Authority determined that switching vendors would require significant additional costs for system migration, data conversion, training, and recustomization, making continued use of the existing system economically and operationally advantageous.