RENEWAL NOTICE 2 of 2: People's Gas SMP Costs in Rider QIP Review

The State of Illinois Chief Procurement Office for General Services, in collaboration with the Illinois Commerce Commission (ICC), is seeking a contract renewal with The Liberty Consulting Group to conduct a comprehensive review of Peoples Gas Light & Company's System Modernization Program (SMP) costs for calendar years 2019-2021. The primary objective is to evaluate the prudence and reasonableness of costs recovered through Rider QIP, as specified in ICC Order Docket No. 16-0376. The contract, identified as Bid Number 25-524ICC-ICCSP-B-49230, will have a three-year term from October 17, 2025, to October 16, 2028. The selected consultant will be responsible for conducting an in-depth investigation and producing a final report that assists the ICC in assessing the SMP cost structure. The due date for this renewal notice is October 9, 2025, with the contract award anticipated to be finalized shortly thereafter.

The procurement includes specific Business Enterprise Program (BEP) requirements, mandating 9% minority business participation through two subcontractors: The Ascent Group Inc. (8%) and R.I.S.C. Consultants, LLC (1%). There are no Veterans Business Program (VBP) participation requirements for this contract. The total renewal amount is set at $2,113,386.66, which will cover the comprehensive review and reporting services. The contract will be executed in accordance with the terms of the existing agreement, as confirmed by the State Procurement Officer's signature on September 25, 2025. Prospective respondents should note that this is a renewal notice and not a new competitive bidding opportunity, with the work to be performed by the incumbent contractor, The Liberty Consulting Group.