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Public Higher Education Bulletin

University of Illinois at Chicago
Bid #MJH-038

Invitation for Bid: IPHEC lease/purchase financing

Award Info
Published Monday April 1, 2002
Awarded to:
Vendor:  GE Capital Public Finance, Inc. and Koch Financial Corporation
Amount:  an amount unknown at this time (see below)
Terms:   One-time transaction
Number of Unsuccessful, Responsive Bidders: 5
Individual contracts will be executed by each IPHEC member institution based on their needs for this service.
The University award process may be delayed up to thirty days as this award goes through a state approval process.
First published Monday March 11, 2002
Sealed bids will be accepted at the address below until 1:30 PM, Wednesday March 27, 2002:
Purchasing Division (M/C 560)
University of Illinois at Chicago
809 South Marshfield Avenue
Chicago, IL 60612-7203

for IPHEC lease/purchase financing (Bid # MJH-038). 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 each University's needs to finance equipment, one, none or all of the dollar 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

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Other Public Documents
  • MJH-038 Addendum.pdf (78 KB)
  • MJH038.pdf (302 KB)