University of Illinois at Chicago
Announcement of an Emergency Award/Quick Purchase
Vendor: Seahorse Bioscience Inc.
Final Amount: $158,500
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.
Awarded to:Vendor: Seahorse Bioscience Inc., North Billerica, MA
Amount: An estimated $158,000
Terms: One-time transaction
The University award process may be delayed up to thirty days as this award goes through a state approval process.
First published Wednesday, June 24, 2015
The University awarded a contract for Seahorse Bioscience XFe24 & XFp units.
This emergency/quick purchase was required due to a situation in which items available on the spot market or at discounted prices were available for a limited time such that sound business judgment mandated a purchase immediately to take advantage of the availability and price.
Purchase from Seahorse Bioscience Inc. for two Extracellular Flux Analyzers, both demonstration models: One XFe24 Extracellular Flux Analyzer unit manufactured in 2015 and one XFp Extracellular Flux Analyzer unit, manufactured in late 2014.The purchase of these units includes an additional $ 8,000 in consumable reagent kits.
Emergency/quick purchase was required due to a situation in which these Extracellular Flux Analyzers were available at a deep discounted price until June 29, 2015 on a first come basis. Sound business judgement mandated an immediate/quick purchase to take advantage of the availability and price. The first come offer is
$ 158,000 that represents a discount of 26% as the original manufacturer price of $ 204,600 plus the compliemntary reagent kits valued at $ 8,000. This deep discount and the limited time offer qualifies this emergency as a quick purchase. .
For additional information, contact:
State Purchasing Officer - Gary Reis
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.
