Southern Illinois University Carbondale
Announcement of a Sole Source Purchase
Vendor: Bloomberg Finance LP, New York, NY
Amount: An estimated $141,840
An estimated start date of 4/26/2020 through 4/25/2022, 24 months
The University award process may be delayed up to thirty days as this award goes through a state approval process.
The hearing has been cancelled since no vendors registered to attend or submitted comments regarding this notice.
The Chief Procurement Officer for this procurement is now Ben Bagby.
The State Purchasing Officer for this procurement is now Catherine Bradbury.
First published Friday, January 31, 2020
The University awarded a contract for Bloomberg Professional service software to Bloomberg Finance LP, New York, NY, for an estimated $141,840.
The University has a need for a software license agreement for Bloomberg Professional service that includes Bloomberg terminal, Bloomberg Anywhere, and Access point with trans/prod. This is needed because the Bloomberg Professional Service provided through the Bloomberg for Education program enhances business education at SIU and provides data and analytical tools that span across all areas in finance and all asset classes, not just a single or narrow scope of data analytics, which in turn provides more opportunities for SIU graduates, and increases the reputation of SIU's business programs. The result will be a two-year contract with Bloomberg Finance LP.
The University, on information and belief, has concluded that only one vendor can meet its need or can meet the need economically. That vendor is Bloomberg Finance LP. The University has provided detail justification to support its conclusion as shown on the attached Sole Source Justification form.
Although the University has presented this as a sole source procurement, we are seeking competitive information from firms with the capability of meeting the University's need (even if performed in a manner different from what has been presented) to contact us and provide sufficient information to show the need can be met. If we receive that information, the Chief Procurement Officer will offer a public hearing to consider the matter. Hearing information is described below.
The University has determined that this purchase is only economically available from this source because the procurement is software license, upgrade or maintenance.
For instructions on how to obtain a comprehensive purchase description, disclosure or contract forms, contact:
Chief Procurement Officer - Ben Bagby
State Purchasing Officer - Catherine Bradbury
We will hold a public hearing at the date, time and location specified below, if we
receive a request to testify regarding the sole source determination. We will also
hold a hearing if any vendor submits a signed statement showing the capability to
provide the stated supplies/services at or below the amount indicated.
The public hearing allows any interested party the opportunity to testify for or against
the sole source determination as described in this notice. The purpose of the hearing
is to receive information from the public in a reasonable manner. Formal rules of evidence
will not apply. The hearing officer will produce minutes of the hearing and may record
it in order to aid in the production of the minutes. After conclusion of the hearing we
will decide whether the sole source determination was appropriate.
We must receive any request to testify and any vendor statement no later than the
registration date and time indicated below. If we do not receive a timely request or statement, we will not hold
the hearing. We reserve the right to cancel the procurement prior to any scheduled hearing.
Please confirm the status of the hearing with the Hearing Contact.
February 19, 2020
401 S. Spring Street
Potential participants are requested to call ahead to verify
location and get directions.
Date, time, and location are
subject to change and/or cancellation. It is the responsibility of potential
participants to confirm these details prior to attendance.
February 14, 2020
The State of Illinois has a policy to encourage prospective vendors to hire
qualified veterans, minorities, females, persons with disabilities and ex-offenders.