Illinois Public Higher Education Cooperative
Invitation for Bid: IPHEC Lease Purchase Financing
Renewal entered into with:Vendor: Eltekon Capital, LLC
Amount: An estimated $1
Renewal: 1st of 1, 4/1/2009 through 6/30/2009
Pricing Changes: None
Service/Product Changes: None
The University award process may be delayed up to thirty days as this award goes through a state approval process.
Awarded to:Vendor: Eltekon Capital, LLC, Long Beach, CA
Amount: An estimated $1
Terms:
An estimated start date of 1/1/2009 through 3/31/2009
This vendor has agreed to extend their offer to other state universities of Illinois.
Renewals:
1 three-month
Vendor: SunTrust Equipment Finance Leasing Corp, Towson, MD
Amount: An estimated $1
Terms:
An estimated start date of 1/1/2009 through 3/31/2009
This vendor has agreed to extend their offer to other state universities of Illinois.
Renewals:
None
0
Comments:
Individual contracts will be executed by each IPHEC member institution based on their needs for this service. Dollar values are to be determined at the time of funding. An analysis/summary of the awards (interest rates) for payment modes and dollar categories will be available upon an e-mail request to Arlene Shorter at the University of Illinois at Chicago, Purchasing Division, Contracts Section, at shorter@uillinois.edu
The University award process may be delayed up to thirty days as this award goes through a state approval process.
The bid opening date has been changed to December 15, 2008.
First published Wednesday, November 26, 2008
Sealed bids will be accepted at the address below until 3:00 PM, Monday December 15, 2008:
Purchasing Division (M/C 560)
809 South Marshfield Avenue
Chicago, IL
60612-7203
The Illinois Public Higher Education Cooperative (IPHEC) is accepting bids from qualified financial entities for the financing of electronic data processing, telecommunications, copying, scientific research, medical, surgical, laboratory and other capital equipment for the period January 1, 2009 through March 31, 2009.
For additional information, contact:
The University reserves the right to accept or reject any and all responses or parts thereof.
Vendor may expect payment thirty to sixty days after receipt of invoice, unless otherwise stated in the bid documents.
Illinois Department of Human Rights (IDHR) eligibility number is required on all proposals.
This procurement will be contingent on Board of Trustees approval.
Solicitation documents may be obtained by contacting the Purchasing Office.
This transaction is subject to the State Board of Elections registration and certification requirements of Public Act 095-0971.
