Public Higher Education Bulletin

University of Illinois at Chicago

SoleSource #480JMG

Announcement of a Sole Source Purchase

Renewal Info

Published Thursday April 21, 2022

Renewal entered into with:

Vendor: Thomson Reuters
Amount: An estimated $254,000
Renewal: 2nd of 2, 7/1/2022 through 6/30/2023

Pricing Changes:

None

Service/Product Changes:

None

Sole Source Status:

Yes, this procurement remains a sole source.

Potential Future Renewals: None

The Chief Procurement Officer for this procurement is now John Donato.

The University has taken into account 30 ILCS 575/8i of the BEP Act in conducting this renewal.

The University award process may be delayed up to thirty days as this award goes through a state approval process.

Change Order

Published Tuesday January 19, 2021

Vendor: Thomson Reuters
Change Order Amount: $0
There's been a name change to Refinitiv US, LLC formerly known as Thomson Reuters (Markets) LLC as of March, 2019.

The Chief Procurement Officer for this procurement is now John Donato.

The University award process may be delayed up to thirty days as this award goes through a state approval process.

Renewal Info

Published Tuesday June 23, 2020

Renewal entered into with:

Vendor: Thomson Reuters
Amount: An estimated $254,000
Renewal: 1 of 2, 7/1/2020 through 6/30/2022

Pricing Changes:

None

Service/Product Changes:

None

Sole Source Status:

Yes, this procurement remains a sole source.

Potential Future Renewals: $254,000

The University has taken into account 30 ILCS 575/8i of the BEP Act in conducting this renewal.

The University award process may be delayed up to thirty days as this award goes through a state approval process.

Change Order

Published Wednesday December 4, 2019

Vendor: Thomson Reuters
Change Order Amount: $104,000
UIC Business Department required additional services that included a change in cost. The previous change order was miscalculated and we request a correction. The services included the 13F databases as well as Academic US Detail History and Datastream Asset 4 premium Dataloader. Previous change order was $52,000 for two years as opposed to correct amount which should have been $52,000/yr with yearly amount being $127,000.00.

The Chief Procurement Officer for this procurement is now Ben Bagby.

The University award process may be delayed up to thirty days as this award goes through a state approval process.

Change Order

Published Wednesday May 15, 2019

Vendor: Thomson Reuters
Change Order Amount: $0
The university is requesting to amend the effective dates of sole source 480JMG to align with our State Funding Year (7/1 - 6/30. There will be no additional cost.

The State Purchasing Officer for this procurement is now Catherine Bradbury.

The University award process may be delayed up to thirty days as this award goes through a state approval process.

Change Order

Published Wednesday April 25, 2018

Vendor: Thomson Reuters
Change Order Amount: $104,000
UIC College of Business had services included in the original sole source request, but did not included the cost. The services included the 13F database. This database provides Institutional Common Stock Holdings and Transactions, as reported on Form 13F, filed with the SEC. This database, formerly known as CDA/Spectrum, contains ownership information by institutional managers with $100 million or more in AUM/Assets Under Management. Coverage dates back to 1980. The Amount of change:$26,000 per year (1st & 2nd = $52,000) and renewals $52,000.

The State Purchasing Officer for this procurement is now Margaret van Dijk.

The University award process may be delayed up to thirty days as this award goes through a state approval process.

Award Info Published Friday February 23, 2018

Thomson ReutersCarlsbad, CA

Amount: An estimated $150,000

Terms: An estimated start date of 5/1/2018 through 4/30/2020, 24 months
Renewals: 2 two-year
Potential Future Renewals: $300,000

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

Published Tuesday February 13, 2018

The hearing has been cancelled since no vendors registered to attend or submitted comments regarding this notice.

First published Wednesday, January 24, 2018

The University awarded a contract for financial subscription data access to Thomson Reuters, Carlsbad, CA, for an estimated $150,000.

UIC College of Business has the need for subscription access of the modules/data sets for classroom instruction that support the research of our Finance, Accounting and IDS Undergraduate and Graduate Students and Faculty. We need 40 plus years of collection experience, time tested methodologies and local specialization that deliver high quality content with decades of history collected from hundreds of brokers for thousands of companies providing superior insight into company performance. These estimates must be industry standard relied upon by over 70% of the top US and European asset managers and the most quoted major media outlets.

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:

Janielle Graham
809 S. Marshfield Ave.
3rd Floor
Chicago, IL 60612
Phone: (312) 413-2816
FAX: (312) 996-3135

Purchasing Website

State Purchasing Officer - Margaret van Dijk

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.

Hearing Details

Date:

February 14, 2018

Time:

2:00 PM

Location:

Stratton Building
Room 511
401 S. Spring Street

Springfield, IL

Hearing Contact:

Margaret van Dijk

Phone: (217) 720-0293

E-mail:Margaret.vandijk@illinois.gov

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.

Registration

Registration Deadline:

February 9, 2018

Margaret van Dijk

Phone: (217) 720-0293

E-mail:Margaret.vandijk@illinois.gov

The State of Illinois has a policy to encourage prospective vendors to hire qualified veterans, minorities, females, persons with disabilities and ex-offenders.

Bulletin Navigation

https://www.procure.stateuniv.state.il.us