FY27 SS - Precisely Finalist Software

This sole‑source contract awards a three‑year license for Precisely’s Finalist Software Suite (MVS/IBM z/OS) to the Illinois Department of Innovation and Technology. The software provides a reference database and base‑maintenance capabilities essential for the state’s mainframe modernization, specifically supporting the transition to IBM z17 hardware. The vendor is the only source capable of delivering the required serial‑number‑specific license keys, and the contract locks in pricing at approximately $1.37 million, reflecting a modest 5 % annual inflation versus the typical 10 % escalator. Key points include: • Scope: Finalist Software Subscription (On‑Prem) with related maintenance and support for a three‑year term. • Timing: Must be in place before the late‑October 2026 mainframe upgrade; contract runs 7/31/2026 – 7/20/2029. • Value: $1,374,000 (current term) with historical spend ranging from $125K to $660K. • Justification: Proprietary code, unique z17 license keys, and insufficient internal resources to develop an alternative solution.