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Renewal 2 of 3 and Amendment Notice: Loan Origination System

ID: 25-551HDA-INFOT-B-46963 • State: Illinois
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Description

RENEWAL AND AMENDMENT NOTICE: THIS IS NOT A SOLICITATION. The Illinois Housing Development Authority intends to exercise its second renewal option with ICE Mortgage Technology for its Loan Origination System.
Background
The Illinois Housing Development Authority (HDA) is exercising its second renewal option for the Loan Origination System with ICE Mortgage Technology, Inc. This renewal is part of an ongoing contract aimed at enhancing the agency's capabilities in managing loan origination processes.

Work Details
The contract involves the renewal of the Loan Origination System provided by ICE Mortgage Technology, Inc. The total renewal amount for this contract is $4,864,000. This renewal is categorized as Renewal 2 of 3 under Bid Number 25-551HDA-INFOT-B-46963.

Period of Performance
The period of performance for this renewal contract will begin on July 1, 2025, and end on June 30, 2027.

Place of Performance
The geographic location for the performance of this contract has not been explicitly stated in the provided information.

Bidder Requirements
There are no specific set-aside certifications or subcontracting requirements mentioned in the solicitation. The Business Enterprise Program (BEP) and Veterans Business Program (VBP) utilization percentages are both reported as 0%. No BEP subcontractors have been identified in the utilization plan.
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Overview

Agency
HDA - Housing Development Authority Logo Illinois Housing Development Authority [IL]
Opportunity Type
Open Market
Opportunity ID
25-551HDA-INFOT-B-46963
Response Deadline
June 20, 2025 Past Due
Date Posted
June 6, 2025
Est. Value Range
Experimental
$4,864,000 (Agency Estimate)
Agency Distribution
High
Source
Open
On 6/6/25 HDA - Housing Development Authority in Illinois issued Open Market Loan Origination System Renewal and Amendment with ID 25-551HDA-INFOT-B-46963 due 6/20/25.

Contacts

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Documents

Posted documents for Renewal 2 of 3 and Amendment Notice: Loan Origination System

Classifications

Opportunity Classification
AK01 - Information Technology
NAICS
541519 - Other Computer Related Services

Additional Details

Source Department
INFOTECHN551 - Information Technology

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