Illinois Public Higher Education Cooperative
Announcement of a Sole Source Purchase
Vendor: Standard & Poors Financial, New York, NY
Amount: An estimated $250,000
An estimated start date of 6/1/2016 through 6/30/2019, 37 months
The University award process may be delayed up to thirty days as this award goes through a state approval process.
The hearing has been cancelled since no vendors registered to attend or submitted comments regarding this notice.
First published Tuesday, May 10, 2016
The University awarded a contract for Cooperative Library Material Purchase to Standard & Poors Financial, New York, NY, for an estimated $250,000.
State institutions of Higher Education require the purchase of learning, teaching and research related subscriptions, periodicals, archival and related items that coincide with objectives developed by university departments and their professors. This need will be for an indefinite quantity based upon actual university need. The estimated value represents a forecast based upon prior fiscal year expenditures with said vendor mentioned above.
The University has determined that this purchase is only economically available from this source because the item or service is copyrighted or patented and is not available except from the holder of the copyright or patent.
For additional information, contact:
Illini Union Book Store
807 S. Wright Street
Champaign, IL 61820
Phone: (217) 244-9177
State Purchasing Officer - Aaron M. Finder
We will hold a public hearing at the date, time and location specified below, if we
receive a request to testify regarding the sole source determination. We will also
hold a hearing if any vendor submits a signed statement showing the capability to
provide the stated supplies/services at or below the amount indicated.
The public hearing allows any interested party the opportunity to testify for or against
the sole source determination as described in this notice. The purpose of the hearing
is to receive information from the public in a reasonable manner. Formal rules of evidence
will not apply. The hearing officer will produce minutes of the hearing and may record
it in order to aid in the production of the minutes. After conclusion of the hearing we
will decide whether the sole source determination was appropriate.
We must receive any request to testify and any vendor statement no later than the
registration date and time indicated below. If we do not receive a timely request or statement, we will not hold
the hearing. We reserve the right to cancel the procurement prior to any scheduled hearing.
Please confirm the status of the hearing with the Hearing Contact.
May 25, 2016
401 S. Spring Street
Date, time, and location are
subject to change and/or cancellation. It is the responsibility of potential
participants to confirm these details prior to attendance.
May 20, 2016
The State of Illinois has a policy to encourage prospective vendors to hire
qualified veterans, minorities, females, persons with disabilities and ex-offenders.