Tenant File Compliance Review Services - Small Purchase

The Illinois Housing Development Authority is seeking a vendor to support the review of its tenant files through a small purchase contracting opportunity. The selected vendor will be responsible for conducting annual compliance reviews for up to 500 tenant files annually, examining a sample of records and documents associated with individual tenants of an Authority-funded development to ensure compliance with lease agreements and maintain the overall financial health and performance of the properties. The vendor must have at least seven (7) years of experience performing similar functions for quasi-governmental or governmental funding entities, demonstrate knowledge and expertise in common multifamily rental affordable housing funding, and possess relevant certifications. The contract term is one (1) year, and all pricing must be submitted through the BidBuy system. Payment is derived from locally held funds, and the Authority's policy is to pay NET30. The Authority reserves the right to reject all offers and will choose the winning vendor based on the lowest total bid.

The contract opportunity is open to all eligible vendors, and there are no set-aside designations or restrictions on the types of organizations that can respond. The solicitation documents do not indicate any incumbent vendors or current contractors, nor do they provide details on any existing infrastructure or technology that requires integration. The award value or budget range is also not specified in the provided information.