ISAC - Electronic Transcript Services - Sole Economically Feasible Source

The Illinois Student Assistance Commission (ISAC) is seeking to award a sole economically feasible source contract to Parchment for a comprehensive electronic transcript servicing platform. The contract would provide electronic transcript services, with a proposed contract start date of January 26, 2022. ISAC is required to hold a hearing to justify the sole source procurement, which will be canceled unless an interested party submits written comments or requests a public hearing by Friday, January 21, 2022 at 4 p.m. The notice indicates this is a sole source procurement due to Parchment being the sole economically feasible provider of the required electronic transcript services.

The contract opportunity does not include details on pricing terms, set-asides, incumbent information, funding requirements or sources, or other salient financial information. The documents provided focus on the sole source justification and hearing process, rather than the specifics of the procurement. No evaluation criteria or required qualifications are listed. The total award value or budget range is also not disclosed in the available information.