Southern Illinois University Edwardsville
Exemption #6323

Announcement of an Exempt Purchase

Award Info Published Thursday March 27, 2025

FinQuery, LLCAtlanta, GA

  • Amount: $154,776
Total for 3-Year Term
  • Terms: An estimated start date of 4/6/2025 through 4/5/2028
  • Renewals: None

Summary

Vendors

1 total
0 BEP vendors
0 VBP vendors
0 Small businesses

The University award process may be delayed as this award goes through a state approval process.

First published Thursday, March 27, 2025
The University awarded a contract for GASB 87 & GASB 96 Software.
The Southern Illinois University System - Edwardsville, Carbondale & Springfield - uses GASB 87 (Lease Accounting) & GASB 96 (SBITA Module) Software. The software is used to calculate present value of lease liability and SBIT liability. Information generated will be used to prepare the financial statements.
This purchase is exempt from the usual selection processes of the Procurement Code because the procurement expenditure is for procurement expenditures for any ongoing software license or maintenance agreement or competitively solicited software purchase, when the software, license, or maintenance agreement is available through only the software creator or its manufacturer and not a reseller ( 30 ILCS 500/1-13 (b)(10)) The FinQuery (previously LeaseQuery) software is currently being utilized by the SIU System.

For instructions on how to obtain a comprehensive purchase description, disclosure or contract forms, contact:
Gina Grace
Purchasing Campus Box 1012
Southern Illinois University Edwardsville
Edwardsville, IL 62026-1012
Phone: (618) 650-3522
FAX: (618) 650-3251

The State of Illinois has a policy to encourage prospective vendors to hire qualified veterans, minorities, females, persons with disabilities and ex-offenders.

Documents

No documents are available for this notice.