FY23-24 Regional Economic Modeling (REMI) Subscription with Sole Source Conditions

The state of Illinois is procuring a 12-month subscription and maintenance contract for its Regional Economic Modeling (REMI) software. The contract includes the REMI PI model for 1 region with 70 sectors, as well as the REMI PI+ model for 9 regions with 160 sectors. The objective is to maintain and license the REMI software for the state's economic analysis and forecasting needs. This is a small purchase contract under $50,000 with sole source conditions, as REMI is the sole provider of this proprietary software. The contract has a term of 12 months, starting on December 1, 2023 and ending on November 30, 2024. Responses are due by September 22, 2023.

This contract opportunity is not designated for any specific set-aside categories. The incumbent vendor is Regional Economic Models Inc. (REMI), who currently provides the REMI software and services to the state. The state requires integration with its existing REMI infrastructure. The contract value is under $50,000, within the state's small purchase threshold. Vendors must comply with the state's Standard Terms and Conditions, including prevailing wage requirements and restrictions on employing state employees.