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Public Higher Education Bulletin

 
University of Illinois at Chicago
Bid #MJH-001

Invitation for Bid: IPHEC lease/purchase finance

Award Info
Published Thursday March 29, 2001
 
Awarded to:
Vendor:  GE Capital Public Finance, Inc., KOCH Financial Corporation, Carlyle Capital Markets, Inc., IBM Credit Corporation, and Allied Capital, Inc.
Amount:  an amount explained below
Terms:   One-time transaction
Number of Unsuccessful, Responsive Bidders: 5
Comments:
Because of the sporadic nature of the Universities' needs to finance equipment purchases, the value of the contract is unknown. All interest rates will remain firm for the period April 1, 2001 through June 30, 2001.
The University award process may be delayed up to thirty days as this award goes through a state approval process.
First published Thursday March 1, 2001
Sealed bids will be accepted at the address below until 1:30 PM, Friday March 23, 2001:
Purchasing Division (M/C 560)
University of Illinois at Chicago
809 South Marshfield Avenue
Chicago, IL 60612-7203

for IPHEC lease/purchase finance (Bid # MJH-001). 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 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 attached bid.

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. 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 Thomas L. Gardner, State Purchasing Officer.)

For additional information, contact:
Michael Hallahan
University of Illinois at Chicago
Purchasing Division (M/C 560)
809 S. Marshfield Avenue
Chicago, IL 60612-7203
Phone: (312) 996-2432
FAX: (312) 996-3135
E-Mail: hallahan@uillinois.edu

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