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Public Higher Education Bulletin

Illinois Public Higher Education Cooperative
RFP #1RMM1301
Request for Proposal: Treasury Consulting Services
Renewal Info
Published Tuesday April 26, 2016
Renewal entered into with:
Vendor: Treasury Strategies, Inc.
Amount: An estimated $500,000
Renewal: 1st of 3, 7/1/2016 through 6/30/2018
Pricing Changes: 
Service/Product Changes: 
Potential Future Renewals: $1,000,000
The buyer for this procurement is now Karen Mueller, (217) 300-3874.
The State Purchasing Officer for this procurement is now Lee Saulter.

The University award process may be delayed up to thirty days as this award goes through a state approval process.
Award Info Published Friday September 6, 2013
Awarded to:
Vendor: Treasury Strategies, Inc., Chicago, IL
Amount: An estimated $750,000
An estimated start date of 9/13/2013 through 6/30/2016

This vendor has agreed to extend their offer to other state universities of Illinois.

3 two-year
Potential Future Renewals: $1,500,000
Number of Unsuccessful, Responsive Respondents: 3
The start date listed for the proposed award is estimated. The actual start date will be upon completion of award with the IPHEC office.
The buyer for this procurement is now Daniel Szajna, (217) 333-2650.
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 Thursday April 18, 2013
The IPHEC is publishing the document "1RMM1301 Amendment 1.pdf" to the Bulletin to amend the solicitation document and address questions received from potential respondents to this solicitation. This addendum does not need to be signed and returned with your proposal because it does not change the requirements originally stated in the solicitation. This amendment does not change the previously published due date/time.
First published Tuesday, April 2, 2013
Sealed proposals will be accepted at the address below until 3:00 PM, Wednesday May 1, 2013:

University Sourcing
Illini Plaza, Suite 202
1817 South Neil Street, MC-603
Champaign, IL 61820

The Board of Trustees of the University of Illinois, on behalf of the Illinois Public Higher Education Cooperative (hereinafter, �??IPHEC�??) requests proposals from responsible vendors to provide treasury consulting services to the Participating Universities on an �??as needed�?? basis. The categories requiring consulting services include treasury operations administration, agricultural property services, capital financing, cash management, identification card (faculty/student/staff) credit/debit card processing services (merchant card services), risk management, investment services and tax services.
The initial contract term will commence upon award (on or around July 1, 2013) through June 30, 2016 with the option to renew for three (3) additional two (2) year periods at the same terms and conditions based on satisfactory performance, continuing need and availability of funds.
All questions that pertain to this solicitation must be submitted in written form and submitted to the solicitation contact no later than April 10, 2013 at 5:00 PM Local Time.
Offers must be submitted in three packets as shown below and clearly labeled with the Request for Proposal title, the packet number, the proposer�??s name and the wording: �??Sealed Offer �?? Do Not Open�??. Packet 1 shall contain one (1) original and six (6) copies of the Vendor�??s response to the Specifications/Qualifications/Statement of Work (Section 1) and all other non-pricing related information requested, including but not limited to the Offer Letter and Attachments (except Appendix I). Packet 2 shall ONLY include one (1) original and six (6) copies of the Vendor�??s Pricing Offer (Section 2). Packet 3 shall ONLY include Vendor�??s Utilization Plan provided in Appendix I.

For additional information, contact:
Rosey Murton
Phone: (217) 333-5049
FAX: (217) 239-6763
State Purchasing Officer - Gary Reis
There is a BEP goal for this procurement. See solicitation documentation for details.

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.

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Specification Documents
  • 1RMM1301.pdf (480 KB)
  • 1RMM1301Amendment1.pdf (133 KB)