SP Compensation Market Data Subscription

The Illinois Tollway, serving 12 counties in Northern Illinois and employing approximately 1,500 people, is seeking a comprehensive compensation market data subscription service through Request for Quote (RFQ #25-0004). The procurement targets a three-year subscription for a "Comp Analyst Plus" service that will provide real-time salary data, custom benchmark reports, compensation trend analysis, job evaluation assistance, pay equity analysis, and compensation strategy consultation. Specific deliverables include ongoing support for managing employee compensation, benefits package benchmarking, incentive program design, regulatory updates, compliance audits, and compensation management software. Vendors must submit pricing through the BidBuy platform, with quotes remaining valid for 180 days from submission. The due date for submissions is April 30, 2025, with the contract to be awarded to the responsive and responsible vendor submitting the lowest price. Notably, no price increases will be accepted during the contract term, and invoicing must include a specific certification statement referencing statute 605 ILCS 10/16.1, with invoices submitted within fifteen business days of recommendation and market data submission.

The RFQ does not explicitly outline specific set-aside designations or restrictions for disadvantaged enterprises. The procurement appears open to qualified vendors capable of meeting the comprehensive compensation data and consulting service requirements. While no incumbent vendors are mentioned, the contract will require vendors to complete either a basic ordering agreement or standard contract, along with additional standard documentation outlined in the attached certifications and terms and conditions. The State of Illinois Chief Procurement Office's standard certifications document highlights 33 detailed compliance areas that vendors must acknowledge, covering legal, ethical, and operational requirements. Potential vendors must demonstrate compliance with tax and employment laws, maintain non-discrimination policies, and adhere to technological accessibility standards. Although a specific budget range is not provided, the comprehensive nature of the requested services suggests a significant investment in compensation market data and strategic consulting services for the Illinois Tollway's workforce management needs.