Illinois Public Higher Education Cooperative
Invitation for Bid: IPHEC Lease/Purchase Financing
Number of unsuccessful, responsive bidders:
Vendor: Banc of America Public Captital Corp, Chesterfield, MO
Amount: An estimated $1
An estimated start date of 7/1/2014 through 9/30/2014
This vendor has agreed to extend their offer to other state universities of Illinois.
The State Purchasing Officer for this procurement is now Gary Reis.
The University award process may be delayed up to thirty days as this award goes through a state approval process.
First published Friday, May 30, 2014
Sealed bids will be accepted at the address below until 3:00 PM, Tuesday June 17, 2014:
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 July 1, 2014 through September 30, 2014.
For additional information, contact:
State Purchasing Officer - Gary Reis
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, if applicable. This procurement may be contingent on Board of Trustees approval. Solicitation documents may be obtained by contacting the Purchasing Office. There is no BEP goal for this procurement.
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.