FY27 DFI NASCUS Dues SPSSC

The Illinois Department of Financial and Professional Regulation (IDFPR) is contracting with NASCUS for annual membership dues for fiscal year 2027 under a small purchase with sole source conditions, with due date May 22, 2026.

This is a sole-source procurement—IDFPR is engaging NASCUS directly for its membership dues obligation. There is no competitive bid process or incumbent to displace.

The scope is NASCUS (National Association of State Credit Union Supervisors) annual membership dues for FY27. No dollar amount is stated in the source materials.

Vendors must comply with the State of Illinois Standard Certifications, which establish 34 mandatory compliance categories covering legal, financial, ethical, and operational standards. Key requirements include non-delinquency on educational loans, absence of felony convictions (with specified exceptions), non-participation in international boycotts, compliance with environmental and labor laws, drug-free workplace standards, non-discrimination and equal employment opportunity provisions, Illinois tax obligations, conflict-of-interest and lobbying restrictions, and cybersecurity directive adherence. Certifications apply to the vendor and any subcontractors for the entire contract term and any renewals, with annual recertification by January 1 required for contracts exceeding one year. Failure to comply may result in contract voidance, suspension, debarment, denial of payment, or civil and criminal penalties.

Illinois Standard Terms and Conditions apply. Insurance requirements include general commercial liability of $1,000,000 per occurrence/$2,000,000 annual aggregate, auto liability of $1,000,000 per occurrence, and worker's compensation as required by law. The State retains ownership of all work products and intellectual property. Vendors must indemnify the State against claims arising from breach, negligence, or intellectual property infringement. The contract is contingent upon appropriated funds. Subcontracting requires prior written approval; assignment is prohibited without consent. The State may terminate for cause immediately or for convenience with thirty days' notice. Disputes are filed exclusively with the Illinois Court of Claims.