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Identification

Reference Number: 22040080
Request ID:0
Date First Offered02/15/2017
Title:Loan Origination System

Agency Reference Number:2017-HDA-HO-01
Agency:HDA - Housing Development Authority
Purchasing Agency:HDA - Housing Development Authority
Purchasing Agency SPO:Nanzi Cantero

Status: Closed

Overview

Description and Specifications:
The Illinois Housing Development Authority is giving notice of its intent to award a contract to Ellie Mae, Inc. for a new Loan Origination System.

The resulting contract will have an initial term of four (4) years, to begin on the date of final execution) and three (3) two (2) year renewal terms.

This award remains subject to the review and formal approval of the Illinois Housing Development Authority's Board in all respects. In the event the Authority’s Board does not approve the Award pursuant to a duly adopted Board Resolution, the Authority will cancel this award.

Key Information

Notice Type:Contract Award Notice

Published:12/27/2017
Notice Expiration Date:01/30/2018

Professional & Artistic:No
Small Business Set-Aside:No

Does this solicitation contain a BEP or DBE requirement?:No

Does this solicitation contain a Veteran requirement?:No

Relevant Category:IT

Total Amount of Award:$12,580,000.00 (Total Dollar Value Only/Includes Any Renewal Options)
Estimated/Actual Value Description:Initial Term: Not to Exceed $5,451,000

Renewal Term 1: Not to Exceed $2,199,000

Renewal Term 2: Not to Exceed $2,259,000

Renewal Term 3: Not to Exceed $2,319,000
Length of Initial Term:48
Contract Begin Date:03/01/2018
Contract End Date:02/28/2022
Renewal Terms:3

Bidder(s)


Number of Responding Bidders:2
Number of Unsuccessful Bidders:1
Total Number Awarded:1

Listing of All Bidders/Offerors Considered But Not Selected:
Mortgage Cadence, LLC
Source Selection:RFP

Vendor(s) Selected for Award
Vendor NameAmount of Award BEP Goal % DBE Goal %
Ellie Mae, Inc.$12,228,600.000%0%

Notice Contact
Name: Amanda Carone
Street Address:111 East Wacker
Suite 1000
City:Chicago
State:IL
Zip Code:60601
Phone: 312-836-5214
Fax Number:000-000-0000
EMail Address:acarone@ihda.org

Class Code

Class Codes:

NIGP Code

NIGP Commodity/Service Code:920 00 DATA PROCESSING; COMPUTER; PROGRAMMING; - All


Attachments

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