Northeastern Illinois University
Request for Proposal: Tax Increment Finance/Real Estate Legal Services
Renewal entered into with:Vendor: Bryan Cave, LLP
Amount:
An estimated $100,000
Renewal: 1st of 1, 7/1/2012 through 6/30/2013
Pricing Changes: None
Service/Product Changes: None
Potential Future Renewals:
None
The University award process may be delayed up to thirty days as this award goes through a state approval process.
Awarded to:Vendor: Bryan Cave, LLP, Chicago, IL
Amount: An estimated $100,000
Terms:
An estimated start date of 11/22/2011 through 6/30/2012
Renewals:
1 one-year
Potential Future Renewals:
$102,800
7
This award corrects and replaces the award posted below on November 16, 2011.
The University award process may be delayed up to thirty days as this award goes through a state approval process.
Awarded to:Vendor: Bryan Cave LLP, Chicago, IL
Amount: An estimated $102,800
Terms:
An estimated start date of 11/14/2011 through 6/30/2012
Renewals:
1 one-year
Potential Future Renewals:
$100,000
7
The University award process may be delayed up to thirty days as this award goes through a state approval process.
First published Wednesday, October 5, 2011
Sealed proposals will be accepted at the address below until 3:00 PM, Thursday October 20, 2011:
Purchasing Department
Building C, 4th Floor
5500 North St. Louis Avenue
Chicago, IL
60625-4699
The Board of Trustees of Northeastern Illinois University is seeking Proposals from a qualified full service legal firm to provide the following services:
- Negotiate on behalf of Northeastern Illinois University in a public real estate transaction.
- Represent the University in discussions between the City of Chicago and a property developer in securing tax increment finance (TIF) revenue to support the construction, remodeling and infrastructure needs of the University.
It is anticipated that a contract for an initial one year term will commence upon execution of the contract, with the option to renew for a one year term at the same terms and conditions based on satisfactory performance, continuing need and availability of funds.
For additional information, contact:
Submit 3 copies of the response as defined in the specifications.
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.
