University of Illinois System
RFP #1JWS1805
Request for Proposal: Consulting for Strategic/Financial Planning
Renewal Info
Published Thursday, May 23, 2024
Renewal entered into with:
Vendor: Baker Tilly Virchow Krause, LLP
Amount: An estimated $0
Renewal: 2nd of 2, 7/1/2024 through 6/30/2027
Amount: An estimated $0
Renewal: 2nd of 2, 7/1/2024 through 6/30/2027
Pricing Changes:
None
Service/Product Changes:
None
Potential Future Renewals:
None
Vendor: Ernst & Young LLP
Amount: An estimated $0
Renewal: 2nd of 2, 7/1/2024 through 6/30/2027
Amount: An estimated $0
Renewal: 2nd of 2, 7/1/2024 through 6/30/2027
Pricing Changes:
None
Service/Product Changes:
None
Potential Future Renewals:
None
Vendor: Huron Consulting Services LLC
Amount: An estimated $0
Renewal: 2nd of 2, 7/1/2024 through 6/30/2027
Amount: An estimated $0
Renewal: 2nd of 2, 7/1/2024 through 6/30/2027
Pricing Changes:
None
Service/Product Changes:
None
Potential Future Renewals:
None
Vendor: McKinsey & Company, Inc.
Amount: An estimated $0
Renewal: 2nd of 2, 7/1/2024 through 6/30/2027
Amount: An estimated $0
Renewal: 2nd of 2, 7/1/2024 through 6/30/2027
Pricing Changes:
None
Service/Product Changes:
None
Potential Future Renewals:
None
Vendor: The Boston Consulting Group, Inc.
Amount: An estimated $0
Renewal: 2nd of 2, 7/1/2024 through 6/30/2027
Amount: An estimated $0
Renewal: 2nd of 2, 7/1/2024 through 6/30/2027
Pricing Changes:
None
Service/Product Changes:
None
Potential Future Renewals:
None
Comments: The combined award estimate for Category 1 and Category 2 for the renewal term is $28 Million. This estimate is based off of historical spend for strategic and financial planning services and are not a guaranteed spend under the proposed award.
The Chief Procurement Officer for this procurement is now Bridget McHatton.
The State Purchasing Officer for this procurement is now Geno Marchizza.
The University has taken into account 30 ILCS 575/8i of the BEP Act in conducting this renewal.
The University award process may be delayed as this award goes through a state approval process.
Change Order
Published Tuesday April 23, 2024
Vendor: Baker Tilly Virchow Krause, LLP
Change Order Amount: $0
Baker Tilly Virchow Krause, LLP has changed their name to Baker Tilly US, LLP. There was no change to the FEIN.
Change Order Amount: $0
Baker Tilly Virchow Krause, LLP has changed their name to Baker Tilly US, LLP. There was no change to the FEIN.
The Chief Procurement Officer for this procurement is now Bridget McHatton.
The University award process may be delayed as this award goes through a state approval process.
Change Order
Published Wednesday January 4, 2023
Vendor: Baker Tilly Virchow Krause, LLP
Change Order Amount: $0
The awarded vendors won both Category 1 and Category 2. The combined award estimate for the first renewal is being increased to $28 Million. The combined award estimate for potential future renewals is $28 Million. These estimates are based off of historical spend for strategic and financial planning services and are not a guaranteed spend under the proposed award.
This award is to a qualified pool of vendors as allowed under 4.2036 b). Since it is not known which transactions each awardee will receive during the initial term, no award amount estimate is being provided for individual awardees.
Vendor: The Boston Consulting Group, Inc.
Change Order Amount: $0
The awarded vendors won both Category 1 and Category 2. The combined award estimate for the first renewal is being increased to $28 Million. The combined award estimate for potential future renewals is $28 Million. These estimates are based off of historical spend for strategic and financial planning services and are not a guaranteed spend under the proposed award.
This award is to a qualified pool of vendors as allowed under 4.2036 b). Since it is not known which transactions each awardee will receive during the initial term, no award amount estimate is being provided for individual awardees.
Vendor: Ernst & Young LLP
Change Order Amount: $0
The awarded vendors won both Category 1 and Category 2. The combined award estimate for the first renewal is being increased to $28 Million. The combined award estimate for potential future renewals is $28 Million. These estimates are based off of historical spend for strategic and financial planning services and are not a guaranteed spend under the proposed award.
This award is to a qualified pool of vendors as allowed under 4.2036 b). Since it is not known which transactions each awardee will receive during the initial term, no award amount estimate is being provided for individual awardees.
Vendor: Huron Consulting Services LLC
Change Order Amount: $0
The awarded vendors won both Category 1 and Category 2. The combined award estimate for the first renewal is being increased to $28 Million. The combined award estimate for potential future renewals is $28 Million. These estimates are based off of historical spend for strategic and financial planning services and are not a guaranteed spend under the proposed award.
This award is to a qualified pool of vendors as allowed under 4.2036 b). Since it is not known which transactions each awardee will receive during the initial term, no award amount estimate is being provided for individual awardees.
Vendor: McKinsey & Company, Inc.
Change Order Amount: $0
The awarded vendors won both Category 1 and Category 2. The combined award estimate for the first renewal is being increased to $28 Million. The combined award estimate for potential future renewals is $28 Million. These estimates are based off of historical spend for strategic and financial planning services and are not a guaranteed spend under the proposed award.
This award is to a qualified pool of vendors as allowed under 4.2036 b). Since it is not known which transactions each awardee will receive during the initial term, no award amount estimate is being provided for individual awardees.
Change Order Amount: $0
The awarded vendors won both Category 1 and Category 2. The combined award estimate for the first renewal is being increased to $28 Million. The combined award estimate for potential future renewals is $28 Million. These estimates are based off of historical spend for strategic and financial planning services and are not a guaranteed spend under the proposed award.
This award is to a qualified pool of vendors as allowed under 4.2036 b). Since it is not known which transactions each awardee will receive during the initial term, no award amount estimate is being provided for individual awardees.
Change Order Amount: $0
The awarded vendors won both Category 1 and Category 2. The combined award estimate for the first renewal is being increased to $28 Million. The combined award estimate for potential future renewals is $28 Million. These estimates are based off of historical spend for strategic and financial planning services and are not a guaranteed spend under the proposed award.
This award is to a qualified pool of vendors as allowed under 4.2036 b). Since it is not known which transactions each awardee will receive during the initial term, no award amount estimate is being provided for individual awardees.
Change Order Amount: $0
The awarded vendors won both Category 1 and Category 2. The combined award estimate for the first renewal is being increased to $28 Million. The combined award estimate for potential future renewals is $28 Million. These estimates are based off of historical spend for strategic and financial planning services and are not a guaranteed spend under the proposed award.
This award is to a qualified pool of vendors as allowed under 4.2036 b). Since it is not known which transactions each awardee will receive during the initial term, no award amount estimate is being provided for individual awardees.
Change Order Amount: $0
The awarded vendors won both Category 1 and Category 2. The combined award estimate for the first renewal is being increased to $28 Million. The combined award estimate for potential future renewals is $28 Million. These estimates are based off of historical spend for strategic and financial planning services and are not a guaranteed spend under the proposed award.
This award is to a qualified pool of vendors as allowed under 4.2036 b). Since it is not known which transactions each awardee will receive during the initial term, no award amount estimate is being provided for individual awardees.
Change Order Amount: $0
The awarded vendors won both Category 1 and Category 2. The combined award estimate for the first renewal is being increased to $28 Million. The combined award estimate for potential future renewals is $28 Million. These estimates are based off of historical spend for strategic and financial planning services and are not a guaranteed spend under the proposed award.
This award is to a qualified pool of vendors as allowed under 4.2036 b). Since it is not known which transactions each awardee will receive during the initial term, no award amount estimate is being provided for individual awardees.
The University award process may be delayed as this award goes through a state approval process.
Renewal Info
Published Monday, June 14, 2021
Renewal entered into with:
Vendor: Baker Tilly Virchow Krause, LLP
Amount: An estimated $0
Renewal: 1st of 2, 7/1/2021 through 6/30/2024
Amount: An estimated $0
Renewal: 1st of 2, 7/1/2021 through 6/30/2024
Pricing Changes:
None
Service/Product Changes:
None
Potential Future Renewals:
$0 Vendor: Ernst & Young LLP
Amount: An estimated $0
Renewal: 1st of 2, 7/1/2021 through 6/30/2024
Amount: An estimated $0
Renewal: 1st of 2, 7/1/2021 through 6/30/2024
Pricing Changes:
None
Service/Product Changes:
None
Potential Future Renewals:
$0 Vendor: Huron Consulting Services LLC
Amount: An estimated $0
Renewal: 1st of 2, 7/1/2021 through 6/30/2024
Amount: An estimated $0
Renewal: 1st of 2, 7/1/2021 through 6/30/2024
Pricing Changes:
None
Service/Product Changes:
None
Potential Future Renewals:
$0 Vendor: McKinsey & Company, Inc.
Amount: An estimated $0
Renewal: 1st of 2, 7/1/2021 through 6/30/2024
Amount: An estimated $0
Renewal: 1st of 2, 7/1/2021 through 6/30/2024
Pricing Changes:
None
Service/Product Changes:
None
Potential Future Renewals:
$0 Vendor: The Boston Consulting Group, Inc.
Amount: An estimated $0
Renewal: 1st of 2, 7/1/2021 through 6/30/2024
Amount: An estimated $0
Renewal: 1st of 2, 7/1/2021 through 6/30/2024
Pricing Changes:
None
Service/Product Changes:
None
Potential Future Renewals:
$0 Comments: The combined award estimate for Category 1 and Category 2 for the renewal term is $16 Million. The combined award estimate for potential future renewals is $16 Million. These estimates are based off of historical spend for strategic and financial planning services and are not a guaranteed spend under the proposed award.
The Chief Procurement Officer for this procurement is now John Donato.
The University has taken into account 30 ILCS 575/8i of the BEP Act in conducting this renewal.
The University award process may be delayed as this award goes through a state approval process.
Award Info Published Thursday December 13, 2018
Baker Tilly Virchow Krause, LLPChicago, IL
- Amount: An estimated $0
- Terms: An estimated start date of 2/1/2019 through 6/30/2021
- Renewals: 2 three-year
- Potential Future Renewals: $0
The Boston Consulting Group, Inc.Boston, MA
- Amount: An estimated $0
- Terms: An estimated start date of 2/1/2019 through 6/30/2021
- Renewals: 2 three-year
- Potential Future Renewals: $0
Ernst & Young LLPChicago, IL
- Amount: An estimated $0
- Terms: An estimated start date of 2/1/2019 through 6/30/2021
- Renewals: 2 three-year
- Potential Future Renewals: $0
Huron Consulting Services LLCChicago, IL
- Amount: An estimated $0
- Terms: An estimated start date of 2/1/2019 through 6/30/2021
- Renewals: 2 three-year
- Potential Future Renewals: $0
McKinsey & Company, Inc.Washington, DC
- Amount: An estimated $0
- Terms: An estimated start date of 2/1/2019 through 6/30/2021
- Renewals: 2 three-year
- Potential Future Renewals: $0
Unsuccessful respondents (24)
Buyer for this procurement: Jay Simpson, (217) 265-0434
State purchasing officer for this procurement: Geno Marchizza
Comments:
The awarded vendors won both Category 1 and Category 2. The combined award estimate for the initial term is $16 Million. The combined award estimate for potential future renewals is $32 Million. These estimates are based off of historical spend for strategic and financial planning services and are not a guaranteed spend under the proposed award.
This award is to a qualified pool of vendors as allowed under 4.2036 b). Since it is not known which transactions each awardee will receive during the initial term, no award amount estimate is being provided for individual awardees.This award is subject to University of Illinois Board of Trustees approval.
The University award process may be delayed as this award goes through a state approval process.
This notice has been modified
Published Friday, June 15, 2018
Amendment 3 is issued to extend the due date and to provide answers to vendor questions.
This notice has been modified
Published Thursday, June 7, 2018
Amendment 2 is issued to provide the pre-proposal conference attendee list, corrections, and the Q&A session.
This notice has been modified
Published Friday, June 1, 2018
Amendment 1 is issued to correct a date for Vendor Questions in Section 1.4 of the RFP document. The due date and time for submissions has not been changed and remains June 21, 2018 as described in Section 1.6 of the RFP document.
First published Tuesday, May 29, 2018
Sealed proposals will be accepted below until 4:00 PM, Thursday, June 28, 2018:
At the following address:
Strategic Procurement
Illini Plaza, Suite 202
1817 South Neil Street, MC-603
Champaign, IL 61820
Strategic Procurement
Illini Plaza, Suite 202
1817 South Neil Street, MC-603
Champaign, IL 61820
The University of Illinois System ("University") seeks to retain the expertise of consultants ("Vendors") as needed for strategic and financial planning, and other related projects. It is anticipated that multiple awards will result from this RFP. The initial term will begin on or about August 1, 2018 and end June 30, 2021 with the option to renew for two (2) additional three-year periods at the same terms and conditions based on satisfactory performance, continuing need and availability of funds. There is no guarantee of maximum utilization or expenditure with any successful respondent during the contract period.
There will be a pre-proposal conference. Participation is not required; however, it is strongly recommended. Further information is provided in Section 1.5 of the solicitation document.
There will be a pre-proposal conference. Participation is not required; however, it is strongly recommended. Further information is provided in Section 1.5 of the solicitation document.
For instructions on how to obtain a comprehensive purchase description, disclosure or contract forms, contact:
Jay Simpson
System Purchasing and Support Services
507 E Green Street
Suite 501, MC-407
Champaign, IL 61820
Phone: (217) 265-0434
System Purchasing and Support Services
507 E Green Street
Suite 501, MC-407
Champaign, IL 61820
Phone: (217) 265-0434
State Purchasing Officer - Geno Marchizza
Submit 6 copies of the response as defined in the specifications.
The University reserves the right to accept or reject any and all responses or parts thereof.
This procurement may be contingent on Board of Trustees approval.
Illinois Department of Human Rights (IDHR) eligibility number is required on all proposals, if applicable.
The contract(s) for this solicitation could exceed $50,000 annually.
The University reserves the right to accept or reject any and all responses or parts thereof.
This procurement may be contingent on Board of Trustees approval.
Illinois Department of Human Rights (IDHR) eligibility number is required on all proposals, if applicable.
The contract(s) for this solicitation could exceed $50,000 annually.
This transaction is subject to the State Board of Elections registration and certification requirements of Public Act 095-0971.
The State of Illinois has a policy to encourage prospective vendors to hire qualified veterans, minorities, females, persons with disabilities and ex-offenders.