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Teachers' Retirement System of Illinois - Audit Management Software - 2025-RFQ-006

Teachers Retirement System of the State of Illinois | State of Illinois
Due
Nov 21, 2025
Deadline passed
Posted
Oct 31, 2025
Contract term
3 years
Primary contact
Zach Breen
(309) 531-4317

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Summary

The Teachers' Retirement System of the State of Illinois is requesting quotations for Audit Management Software to automate audit processes, including electronic workpapers, reporting, issue tracking, risk assessment, data analytics, and a document library.

Quotes should include implementation costs along with software, maintenance, and support per year for a three-year contract period. The solution will serve 5-6 members of internal audit with potential for 10 additional users from employer services. The submission deadline is November 21, 2025.

Submit to
2815 West Washington Street, Springfield, IL 62702
Scope location
Springfield, IL
Reported agency
Teachers' Retirement System of the State of Illinois

Questions about this RFQ

How do I respond to this RFQ from Teachers Retirement System of the State of Illinois | State of Illinois?

Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is November 21, 2025. Submissions should be delivered to: 2815 West Washington Street, Springfield, IL 62702. For questions, contact Zach Breen.

Can small businesses or minority-owned firms bid on this RFQ?

Most government agencies, including Teachers Retirement System of the State of Illinois | State of Illinois in IL, encourage participation from small businesses, minority-owned, women-owned, and disadvantaged business enterprises (MBE/WBE/DBE). Check the full solicitation for any small business participation goals.

What happens after the RFQ submission deadline?

After the deadline, the issuing agency reviews all submissions against the stated evaluation criteria. This typically includes a compliance check, technical evaluation, cost analysis, and may involve oral presentations with shortlisted vendors.

Can I ask questions about this solicitation before submitting?

Yes, most solicitations allow vendors to submit questions during a designated period. The primary contact is Zach Breen at (309) 531-4317. Questions and answers are typically shared with all prospective bidders.

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Where can I find more RFPs from Teachers Retirement System of the State of Illinois | State of Illinois?

All active and historical solicitations from Teachers Retirement System of the State of Illinois | State of Illinois are tracked and searchable. As a state agency, Teachers Retirement System of the State of Illinois | State of Illinois regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.

What is the contract term for this solicitation?

The anticipated contract term is 3 years. Contract terms may include renewal options.

What documents are required to bid on this RFQ?

Requirements vary by solicitation, but common documents include a technical proposal, cost/price proposal, proof of insurance, relevant certifications, past performance references, and any forms specified in the solicitation. Review the full document from Teachers Retirement System of the State of Illinois | State of Illinois for the complete list.

What is the scope of this project?

This solicitation defines a specific project scope. The scope covers the following locations: Springfield, IL. Review the full solicitation for detailed scope requirements.

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