When we buy from local firms, $.68 of every $1 remains in the local economy.
Under certain conditions, the Chief Procurement Office requires state agencies to purchase only from qualified Illinois small businesses. If a state agency is making a one-time procurement below $100,000 OR procuring in any of more than 600 product/service categories at any dollar amount, then the state agency will only solicit offers from SBSP vendors. The SBSP shelters Illinois' small businesses from competing with large businesses for state awards and contracts. The State's goal is to award 10% of state contracts to qualified small businesses in Illinois.
This program continues to be an important driver of economic development in Illinois. In Fiscal Year 2018, more than $305 million was paid to small businesses registered in SBSP. 84.1% of payments by State agencies to small businesses resulted from set-aside contracts. And, one in two businesses registered in SBSP received a State contract.
By registering in the SBSP, you are giving your business the opportunity to win a state contract. Thank you small business owners for continuing to be a major creator of new jobs and the engine for our state's economic growth.
Andrew Shackelford, Small Business Specialist, speaks to vendors about SBSP.
What is a "Small Business"? A small business means one that is independently owned and operated, is not dominant in its field or operation, and meets the required size status and the following sales limitations:
*No WHOLESALE business can exceed $13 Million in annual sales.
*No RETAIL business can exceed $8 Million in annual sales and receipts.
*No CONSTRUCTION business can exceed $14 Million in annual sales and receipts.
*No MANUFACTURING business can employ more than 250 persons.
What are you waiting for?
Applying for SBSP is part of registering in the IL Procurement Gateway (IPG) at https://ipg.vendorreg.com.
Questions? Please email us at email@example.com
How do I Renew my SBSP Registration?
SBSP and IPG Renewal Instructions V.15.1.docx
sbsp re-qualification statement v.22.1.docx (Note regarding use of this form: If you provided a notarized statement when initially applying for the program because your business was new and had not filed Federal or State income taxes previously, you may not use this Re-Qualification Statement. Instead, you must upload the required tax documents into your IPG application.)
Where can I find vendors already registered in SBSP? How to Search the IPG database for SBSP vendors