CFS - Children and Family ServicesIssuing agency·Springfield, IL·via the Illinois BidBuy open-bids boardDCFS is executing an economic adjustment clause in the Title IV contract. This is a contractual mechanism that allows the agreed contract price to increase. The contract language for the Title IV-E Eligibility Assistance contract section 2.4. Economic Adjustment provides the process for requesting a rate increase by position which is the lesser of 2.5% or the Consumer Price Index, calculated as the percentage change in CPI-W from July 1 of the preceding fiscal year to July 1 of the fiscal year.
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Most Illinois work asks for the two below, and the solicitation documents are where it’s stated. One prequalification covers both — on this bid and the next.
A surety’s written statement that it expects to bond you up to a stated amount, subject to final underwriting. It’s what a GC or agency asks to see before they take your bid seriously.
Source: BidBuy (Illinois) (bid 27-418DCFS-PROCU-B-54008), retrieved via the Illinois BidBuy open-bids board. View the official posting, and always confirm requirements and deadlines with the issuing agency.
