Illinois State University
Request for Proposal: Financial Advisor
First published Wednesday, November 27, 2019
Sealed proposals will be accepted below until 2:00 PM, Thursday December 12, 2019:
At the following address:
Illinois State University at Uptown Crossing
1220 Campus Box
100 South Fell Avenue, Suite D
Normal, IL 61790
The University is seeking the professional services of a financial advisor to assist with ongoing needs in financial matters related to the University debt and capital structure.
Revenue bonds are regularly issued to finance construction and improvement of auxiliary facilities such as residence halls, recreation centers, student centers and other student service facilities. Certificates of Participation are occasionally issued to finance facilities and equipment for which there is not established revenue source for repayment of debt. In addition, the University may consider other types of funding for capital investments and other needs including but not limited to Public Private Partnerships (P3).
The financial advisor(s) selected will not be eligible to serve as underwriter of revenue bonds or other financial obligations of the University during the duration of the financial advisory contract.
For instructions on how to obtain a comprehensive purchase description, disclosure or contract forms, contact:
Chief Procurement Officer - Ben Bagby
State Purchasing Officer - Constance Ratliff
There is a 20 percent BEP goal for this procurement. See solicitation documentation for details.
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.