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Illinois AGR - Agriculture·Illinois

AGR-Budget and Fiscal-Credit Card Services

Closes 2/11/2026$500k – $2MInvitation for Bid
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Description

The State of Illinois is seeking bids for credit card services. The contract will be for a period of time, possibly up to a year, and will involve various fees, including an administrative and set-up fee, a set-up fee per user account, an annual fee per account, foreign fees per account, and a lost card replacement fee. The bidder must submit their bid through BidBuy and must comply with the instructions and requirements outlined in the solicitation. The State reserves the right to amend the solicitation, reject any or all bids, and waive minor defects. • The bid must include all required documents and information, including a vendor disclosure or IPG active registered vendor disclosure, an offer to the state of Illinois, and a contract. • The bidder must submit their bid through BidBuy and must allow adequate time to complete and submit their response. • The State will evaluate the bids based on the lowest price and will award the contract to the responsive and responsible bidder. • The contract will be governed by Illinois law and will include standard terms and conditions and standard Illinois certifications.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Key dates

Opened
1/27/2026
Closes
2/11/2026

Last updated

Details

Type
Invitation for Bid
Industry
Financial Services
NAICS
522210
Solicitation №
26-406AGR-ADMIN-B-50871

Budget estimate

$500,000 – $2,000,000

The budget for this contract is difficult to estimate, as the document does not provide a clear total contract value. However, based on the fees mentioned, such as the administrative and set-up fee, set-up fee per user account, annual fee per account, foreign fees per account, and lost card replacement fee, the total contract value could be substantial. Assuming an average annual fee per account of $100 and 1,000 accounts, the annual revenue would be $100,000. Adding other fees, the total contract value could be in the range of $500,000 to $2,000,000 over the contract period.

AI estimate from the solicitation

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