Number of Unsuccessful, Responsive Respondents:
Vendor: BMO Capital Markets GKST, Inc. (an affiliate of Harris NA), Chicago, IL
Amount: An estimated $68,000
An estimated start date of 9/1/2010 through 8/31/2011
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.