DFS- Spectra GCIR Service Contract-SPSS-CB

The State of Illinois Department of Financial and Professional Regulation is issuing a small purchase procurement with sole source conditions for Spectra GCIR Service contract (SPSS-CB). This General Services contract, posted on March 18, 2026, with a proposal due date of March 24, 2026, seeks a vendor to provide Spectra GCIR Service. The procurement is governed by the State of Illinois Standard Terms and Conditions for General Services contracts under the Chief Procurement Office. While the specific deliverables and detailed service requirements are not elaborated in the available documentation, this contract encompasses mandatory compliance with prevailing wage requirements for applicable service categories as maintained by the Illinois Department of Labor, intellectual property ownership retention by the State, and comprehensive insurance requirements including General Commercial Liability coverage of $1,000,000 per occurrence with $2,000,000 annual aggregate, Auto Liability of $1,000,000 per occurrence, and Worker's Compensation Insurance as required by law. Vendors must maintain books and records for three to five years depending on federal fund involvement and comply with all federal, state, and local laws and licensing obligations. The contract is subject to appropriation of funds by the Illinois General Assembly and may be terminated by the State with thirty days' notice for convenience or immediately for cause.

The State of Illinois imposes comprehensive certification requirements applicable to all vendors and subcontractors throughout the contract term and any renewal periods. For contracts exceeding one year, vendors must recertify by January 1 of each subsequent fiscal year in compliance with Article 50 of the Illinois Procurement Code. Vendors must certify compliance with 34 requirements covering legal entity status, educational loan defaults, pension code compliance, criminal history, environmental violations, tax compliance, drug-free workplace standards, labor practices, cybersecurity clearance, and political contribution restrictions, with false statements subject to contract voidance, suspension, debarment, civil fines, and criminal penalties under the Illinois False Claims Act. Minority contractors awarded contracts valued at $1,000 or more are required to pay a $15 fee deductible from the first payment issued. The specific award value or budget range for this Spectra GCIR Service contract is not disclosed in the available procurement documentation.