REBID Equipment Rental Rate Subscription

This state and local contract opportunity from the state of Illinois is for annual subscriptions to an Equipment Rental Rate service. The procurement is being conducted through an Invitation for Bid (IFB) process, seeking the lowest priced responsive and responsible bidder. The contract has an initial 12-month term with two optional 12-month renewal periods. The total award value is $213,210 and includes an estimated financial return to the state as well as gross revenue to the vendor. The procurement does not have any Business Enterprise Program (BEP) or Veteran Business Program (VBP) participation requirements. There was one responding bidder and no unsuccessful bidders.

The contract provides for an annual subscription to Equipment Rental Rate from vendor Penton Business Media. The subscription includes access to data and pricing information related to equipment rental rates. This state-wide contract is being procured on behalf of St. Clair County in Illinois. Bidders must complete the attached bid document and submit Forms A or B with their bid response. The procurement has a posting date of November 16, 2017 and a due date of December 7, 2017, with no information provided regarding questions, site visits, or bidders' meetings.