REMI Economic Forecast Models-Small Purch Sole Source

The state of Illinois is seeking to procure REMI economic forecast models through a small purchase sole source contract. This opportunity is specifically for the REMI software package, a comprehensive econometric modeling system used to analyze the economic and demographic impacts of various policy changes. The key objectives are to obtain the REMI models and associated licenses to support the state's economic analysis and forecasting needs. Qualified respondents must have specific experience and expertise in the REMI suite of models and be authorized to provide the required software and licenses. Responses are due by October 19, 2018, and no further details on the evaluation criteria are provided.

This opportunity is designated as a small purchase sole source, meaning it is limited to a single, pre-identified vendor capable of providing the REMI models. There are no set-aside designations or restrictions on the types of organizations that can respond. The incumbent vendor is likely REMI, the developer of the economic forecast models. While no award value or budget range is specified, sole source procurements of this nature are often for relatively small dollar amounts, typically under $100,000.