Info-Pro Lender - Small Purchase with Sole Source Conditions

This state and local contracting opportunity is for a small purchase with sole source conditions from the state of Illinois. The Illinois Housing Development Authority is procuring escrow tax services from Info-Pro Lender Services, Inc. The services include reporting of escrow tax bill amounts and making payments on behalf of the Authority for 97 counties in Illinois. The term of the contract is 1 year, with a $7.00 annual service fee per parcel serviced and a $1.48 monthly escrow service fee per escrow parcel. Info-Pro indicates they can assist with alternate payment methods for certain counties. The procurement has a posted date of May 26, 2021 and a due date of May 28, 2021, providing a very short turnaround time.

The procurement is designated as a small purchase with sole source conditions, meaning that Info-Pro Lender Services, Inc. is the only approved vendor that can respond. There are no set-aside designations or restrictions on the types of organizations that can respond. The procurement documents do not mention any incumbent vendors or current contractors, nor do they indicate any existing infrastructure or technology that requires integration. The award value or budget range is not explicitly provided in the available documentation.