Southern Illinois University Carbondale
Request for Proposal: Investment Management Services
Renewal entered into with:Vendor: PFM Asset Management LLC
Amount: An estimated $366,666.67
Renewal: 3rd of 3, 7/28/2021 through 7/27/2023
Pricing Changes:
None
Service/Product Changes:
None
Potential Future Renewals:
None
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 up to thirty days as this award goes through a state approval process.
Renewal entered into with:Vendor: PFM Asset Management LLC
Amount: An estimated $366,666.67
Renewal: 2nd of 3, 7/28/2019 through 7/27/2021
Pricing Changes:
None
Service/Product Changes:
None
Potential Future Renewals:
$366,666.67
The University award process may be delayed up to thirty days as this award goes through a state approval process.
Renewal entered into with:Vendor: PFM Asset Management LLC
Amount: An estimated $366,666.67
Renewal: 1st of 3, 7/28/2017 through 7/27/2019
Pricing Changes:
None
Service/Product Changes:
None
Potential Future Renewals:
$733,333.33
The University award process may be delayed up to thirty days as this award goes through a state approval process.
PFM Asset Management LLCChicago, IL
- Amount: An estimated $400,000
- Terms: An estimated start date of 7/28/2014 through 7/27/2017
- Renewals: 3 two-year
-
Potential Future Renewals:
$1,100,000
Unsuccessful respondents (19)
Buyer for this procurement: Tina Logan, (618) 453-5751
State purchasing officer for this procurement: Steve Todt
The University award process may be delayed up to thirty days as this award goes through a state approval process.
The bid opening date has been changed to March 18, 2014.
First published Friday, February 14, 2014
Sealed proposals will be accepted below until 3:00 PM, Tuesday March 18, 2014:
At the following address:
Procurement Services
113 Wakeland Hall, MC-6813
1215 Douglas Drive
Carbondale, IL 62901
Southern Illinois University plans to retain up to four investment managers specializing in intermediate-term and short-term fixed income investments to manage a portion of its operating reserves investment pool. The University will retain at least one investment manager specializing in intermediate-term fixed income. Respondents may reply to request for either short-term or intermediate-term investment management or both. The University reserves the right to make multiple non-exclusive awards, or no award, if that is deemed to be in the best interest of the University.
For instructions on how to obtain a comprehensive purchase description, disclosure or contract forms, contact:
State Purchasing Officer - Steve Todt
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.
There is no BEP goal for this procurement.
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.
