FY23 IDFPR CRA and Fair Lending Wiz SPSSC

This is a Small Purchase with Sole Source Conditions contract opportunity posted by the Illinois Department of Financial and Professional Regulation (IDFPR). The agency's Division of Banking (DOB) and Division of Financial Institutions (DFI) exam teams require the CRA Wiz and Fair Lending Wiz software applications, along with training, to implement new Community Reinvestment Act (CRA) mandates. Wolters Kluwer is the proprietary owner of these applications. The procurement has a posted date of May 17, 2022 and a due date of May 23, 2022, providing vendors with a very short timeline to respond. As this is a sole source procurement, IDFPR has determined that Wolters Kluwer is the only qualified provider of the required software and training.

The contract opportunity does not include any set-aside designations or restrictions on the types of organizations that can respond. Based on the sole source nature, Wolters Kluwer appears to be the incumbent vendor for these software applications. No award value or budget range is provided, but given the specialized and limited scope of the procurement, it is likely a lower dollar value contract. The vendor will need to complete standard state certifications and disclosure forms, as well as agree to the State of Illinois' standard contract terms and conditions, in order to be eligible for award.