FY26-27 Regional Economic Modeling (REMI) Subscription SP with Sole Source Conditions

The Illinois Department of Revenue (IDOR) is seeking a small purchase contract for Regional Economic Modeling (REMI) Software Subscriptions for fiscal years 2026-2027. The procurement is a sole source contract with a 12-month term spanning from December 1, 2025, to November 30, 2026. Specifically, the contract covers two REMI software maintenance fees: a Tax PI Maintenance Fee for a Region Summary Industry Level (70 Sector) and a PI+ Maintenance Fee for a Region Detail Industry Level (160 Sector). The primary deliverable is ongoing access to and maintenance of the REMI economic modeling software, which will enable the department to conduct detailed economic analysis and forecasting. The contract is structured as a small purchase under $50,000, with a total contract value of $26,917.00. The proposal is due by October 8, 2025, with the posting date being October 1, 2025. Payment will be made upon invoicing, and the contract is funded from the state's fiscal year 2026-2027 budget.

The solicitation does not explicitly mention specific set-aside designations or restrictions for disadvantaged enterprises. The contract appears to be a direct procurement with REMI, suggesting a sole source arrangement that may limit competitive bidding. No incumbent vendors are mentioned in the documentation, and there are no indications of required integration with existing infrastructure or technology beyond the REMI software subscription. The contract includes standard state provisions covering confidentiality, performance, termination, and compliance with Illinois procurement regulations. The budget is clearly defined at $26,917.00, with the primary expense being the REMI Tax PI Maintenance Fee. No subcontractors are anticipated for this procurement, and the contract is specifically tailored to the Illinois Department of Revenue's economic modeling needs for the specified fiscal period.