Southern Illinois University Carbondale
Request for Proposal: Custody Banking Services
Awarded to:Vendor: J.P. Morgan Chase Bank, Columbus, OH
Amount: An estimated $231,250
Terms:
An estimated start date of 1/1/2012 through 3/31/2021
Renewals:
None
Number of Unsuccessful, Responsive Respondents: 3
The University award process may be delayed up to thirty days as this award goes through a state approval process.
First published Wednesday, June 29, 2011
Sealed proposals will be accepted at the address below until 2:00 PM, Thursday July 21, 2011:
Procurement Services
108 Miles Hall 2nd Floor, MC-6813
1255 Douglas Drive
Carbondale, IL
62901
Southern Illinois University is seeking the retention of a securities custodian to provide separate account custody, securities processing and cash sweep vehicle services to the University that will facilitate the management of its operating reserve assets.
For additional information, contact:
Submit 4 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.
The State of Illinois has a policy to encourage prospective vendors to hire
qualified veterans, minorities, females, persons with disabilities and ex-offenders.