FY23 Subscription to ProfitCents Software

The State of Illinois is seeking a sole source subscription to the ProfitCents software for fiscal year 2023. This software application provides financial analysis and reporting capabilities. The procurement is a small purchase with sole source conditions, indicating the state has determined there is only one viable vendor that can meet the requirement. The contract term is for one year, with a due date of September 30, 2022 for vendors to submit required documentation. The state has provided standard terms and conditions that outline contractual obligations, including payment terms, subcontractor approval, record retention, and compliance with applicable laws and regulations.

There are no set-aside designations or restrictions on the types of organizations that can respond to this opportunity. The state has not identified any incumbent vendors or current contractors, nor has it provided information about an available budget or potential award value. The procurement is limited to the subscription services for the ProfitCents software application, and does not include any requirements for integration with existing infrastructure or technology.