Tenders/Emergency Final Cost- DES-Benefit Banking-JPMC

Emergency Final Cost- DES-Benefit Banking-JPMC

DES - Employment Security

Published: Oct 23, 2026

Updated: Oct 23, 2026

About This Opportunity

This is a services contract in the social protection, energy and power and finance and banking sectors, with a focus on Transmission Distribution and Banking. Located in United States, North America, this opportunity is open to firms and consortiums.

Published through Illinois BidBuy, a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for services in the social protection sector. Service contracts are typically evaluated on both technical quality and price, and may require bidders to demonstrate relevant experience and qualified personnel. Interested parties should review the full documentation on the original source before submitting their proposal.

Description

The Illinois Department of Employment Security (DES) is issuing an emergency final cost notice related to 'Benefit Banking' services, involving JPMorgan Chase (JPMC). This procurement, identified by Bid Solicitation # 27-427DES-FINAN-B-54523, indicates an urgent need to finalize financial arrangements or payments associated with benefit banking operations. Emergency procurements are typically used when immediate action is required to maintain essential services or address critical financial obligations. The scope likely involves the settlement of accounts, reconciliation of transactions, or final payment processing for services rendered by JPMC in support of DES's benefit distribution programs. Requirements in such cases often focus on the vendor's ability to provide rapid financial processing, ensure data security, and comply with banking regulations. The DES will likely be evaluating the accuracy of the final costs presented and the adherence to the terms of any prior agreements. Further details are available through the Illinois BidBuy portal.

Data provenance

This notice is sourced from Illinois BidBuy and was originally published on October 23, 2026. Last refreshed today. BidsFactory mirrors official procurement notices and links back to the source for full legal text.

About DES - Employment Security

DES - Employment Security has issued 16 procurement notices on BidsFactory, including 2 currently open and 0 awarded contracts. Activity concentrates in Governance & Public Administration, Security, Defense & Justice, and Law & Legal Services. All notices are published for United States. Notices are distributed via Illinois BidBuy. Most recent publication: October 23, 2026.

Frequently asked questions about this tender

What type of contract is this?

This is a Services contract in the Social Protection & Welfare sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.

Where will the contract be performed?

The contract is for delivery in United States. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.

How can I submit a bid?

Visit Illinois BidBuy to access the full notice, required documents, and submission instructions provided by the contracting authority.

Who is the contracting authority?

This notice was issued by DES - Employment Security in United States. The authority is responsible for evaluating bids, awarding the contract, and managing performance.