FY23 Regional Econ Models Licensing Subscription

This state and local contract opportunity is a small purchase with sole source conditions being issued by the State of Illinois. The procurement is for a licensing subscription to regional economic models for the state's fiscal year 2023. The selected vendor must provide access to these economic modeling tools, which will be used to analyze regional economic conditions and trends. Key objectives include generating data-driven insights to support economic development strategies and decision-making. Vendors must have expertise in regional economic analysis and modeling, and be able to integrate the licensing subscription with the state's existing infrastructure. The opportunity was posted on November 7, 2022, with a due date of November 14, 2022, leaving a short turnaround for responses.

This opportunity has sole source conditions, meaning only one qualified vendor may be selected. No set-aside designations or restrictions on business types are listed. The current incumbent vendor or contractor is not specified. The contract value or budget range is also not provided in the information given. Interested vendors must review and agree to the State of Illinois' standard certifications and terms and conditions, which cover a wide range of regulatory and compliance requirements, as part of their response.