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Public Higher Education Bulletin

 
Southern Illinois University Carbondale
RFP #L889M
Request for Proposal: Line of Credit
Award InfoPublished Friday August 27, 2010
Awarded to:
Vendor: BMO Capital Markets GKST, Inc. (an affiliate of Harris NA), Chicago, IL
Amount: An estimated $68,000
Terms:
An estimated start date of 9/1/2010 through 8/31/2011
Renewals:
4 one-year
Number of Unsuccessful, Responsive Respondents: 3
Comments:
The following information is required per Public Act 96-1064. There were no Business Enterprise Program goals established for this project. The following are bidders that responded and their estimated bid amounts: JP Morgan/Chase Bank - $75,400; Dexia - $160,000; and Regions Bank - $285,000. The estimated amounts are based upon interest rates, upfront and legal fees, the University's anticipated cash flow needs, and the estimated date of reimbursement for State appropriations.
The University award process may be delayed up to thirty days as this award goes through a state approval process.
This notice has been modified
Published Friday July 16, 2010
This modification serves as a reminder to provide a copy of the online registration certificate issued to you by the State Board of Elections. Please do not confuse this with the online vendor registration certification for doing business with the State of Illinois. You must be registered ONLINE with the Board of Elections prior to bid opening. Your bid or proposal cannot be accepted by the University if the certificate is not included with your bid documents. THERE IS NO GRACE PERIOD ALLOWED FOR REGISTRATION WITH THE BOARD OF ELECTIONS AFTER BID OPENING.
This notice has been modified
Published Monday July 12, 2010
A written transcript of the pre-bid phone conference, which was held July 9, 2010, is available upon request by emailing Tina Logan at tlogan@siu.edu.
First published Wednesday, June 30, 2010
Sealed proposals will be accepted at the address below until 2:00 PM, Friday July 16, 2010:

Purchasing Department
108 Miles Hall 2nd Floor, MC-6813
1255 Douglas Drive
Carbondale, IL 62901

Southern Illinois University is seeking proposals from qualified financial institutions to provide a line of credit or other alternative solutions to meet the University's projected cash needs.
A highly recommended pre-bid phone conference is scheduled for July 9, 2010 at 10:00 AM CDT. Please feel free to email your questions to Tina Galik at tgalik@siu.edu by July 7, 2010. Conference Call Dial-in Information: Toll-Free #: (866) 732-6859 Participant Passcode: 9906381

For additional information, contact:
Tina Logan
Phone: (618) 453-5751
FAX: (618) 453-6714
E-Mail: tlogan@siu.edu
Submit 5 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 will be contingent on Board of Trustees approval. Illinois Department of Human Rights (IDHR) eligibility number is required on all proposals.

This transaction is subject to the State Board of Elections registration and certification requirements of Public Act 095-0971.

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