Emergency Notice: Executive Search Firm Services

The Illinois Housing Development Authority (IHDA) has issued an emergency notice for executive search firm services, seeking to contract directly with Korn Ferry for high-level recruitment needs. This procurement appears to be a sole-source emergency contract specifically focused on executive-level talent acquisition services. The emergency purchase suggests an urgent and immediate requirement for professional recruitment support, likely to fill critical leadership positions within the organization. The solicitation was posted on September 15, 2025, with a response deadline of December 9, 2025, indicating a relatively extended procurement timeline for an emergency contract. While specific evaluation criteria are not detailed in the available documentation, the emergency designation implies expedited processing and a focused selection process targeting Korn Ferry's specialized executive search capabilities.

The notice does not explicitly outline set-aside designations, small business preferences, or disadvantaged enterprise requirements. Since this is an emergency procurement with a sole-source approach targeting Korn Ferry, traditional competitive bidding protocols appear to be suspended. No comprehensive budget range or specific award value is disclosed in the provided documentation. The contract seems to be directly negotiated with Korn Ferry, suggesting the firm was selected based on pre-existing relationships, demonstrated expertise, or unique capabilities in executive recruitment. Without additional context, the potential contract scope, duration, and financial parameters remain undefined. The emergency nature of the procurement indicates an immediate organizational need for executive talent acquisition services that requires swift and targeted intervention.