University of Illinois System
Announcement of a Sole Source Purchase
Bloomberg Finance LPNew York, NY
- Amount: An estimated $29,500
- Terms: An estimated start date of 7/1/2023 through 6/30/2024, 12 months
- Renewals: 9 one-year
Potential Future Renewals:
0 BEP vendors
0 VBP vendors
0 Small businesses
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.
First published Monday, November 14, 2022
The University awarded a contract for Financial Research Services to Bloomberg Finance LP, New York, NY, for an estimated $29,500.
Financial Market data service and analytical tools for equity, derivatives, fixed income, commodities, currency, asset management, and macro-economic data.
The University has determined that this purchase is only economically available from this source because the item or service is copyrighted or patented and is not available except from the holder of the copyright or patent.
For instructions on how to obtain a comprehensive purchase description, disclosure or contract forms, contact:
System Purchasing & Support Services
507 East Green Street
Suite 501, MC-407
Champaign, IL 61820
Phone: (217) 244-9312
Chief Procurement Officer - John Donato
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.
November 30, 2022
401 S. Spring Street
Additional Information: All sole source hearings under the jurisdiction of the Chief Procurement Officer for Higher Education will be conducted by tele-conference only until the in-person option is reinstated.
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.
November 25, 2022
The State of Illinois has a policy to encourage prospective vendors to hire
qualified veterans, minorities, females, persons with disabilities and ex-offenders.