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Public Higher Education Bulletin

University of Illinois at Chicago
Bid #JTG-017

Invitation for Bid: Lease/Purchase Finance

Award Info
Published Friday October 24, 2003
Awarded to:
Vendor:  GE Capital Public Finance, Allied Capital and Koch Financial
Amount:  An amount to be determined
Terms:   One-time transaction
Number of Unsuccessful, Responsive Bidders: 3
The University award process may be delayed up to thirty days as this award goes through a state approval process.
This notice has been modified
Published Monday December 14, 1998
The bid opening has been changed to 1:30 PM, Tuesday, December 29, 1998.
First published Thursday December 3, 1998
Sealed bids will be accepted at the address below until 1:30 PM, Tuesday December 29, 1998:
Purchasing Division (M/C 560)
University of Illinois at Chicago
809 South Marshfield Avenue
Chicago, IL 60612-7203

for lease/purchase finance. The Illinois Public Higher Education Cooperative (IPHEC) is accepting sealed bids from qualified financial entities for the financing of electronic, data processing, telecommunications, copying, scientific research, medical equipment, and other capital equipment. Because of the sporadic nature of the Universities' needs to finance equipment, one, none, or all of the categories may be used during the time period of the bid. All interest rates will remain firm for the period January 1, 1999 through March 31, 1999.

The University reserves the right to accept or reject any and all bids or parts thereof. Vendor may expect payment thirty to sixty days after receipt of invoice, unless otherwise stated in the bid/RFP documents. Contingent on Board of Trustees approval. Bidding documents may be obtained by contacting the Purchasing Office. Illinois Department of Human Rights (IDHR) eligibility number is required on all bid proposals.

(Submitted by Michael Provenzano, State Purchasing Officer.)

For additional information, contact:
Jeff Garcia
809 S. Marshfield AVenue
Chicago, IL 60612

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