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Public Higher Education Bulletin

University of Illinois at Chicago
Bid #RPP-747

Invitation for Bid: IPHEC lease/purchase financing

Award Info
Published Thursday March 21, 2002
Awarded to:
Vendor:  GE Capital Public Finance, Carlye Capital Markets, and IBM Credit Corp.,
Amount:  an amount explained below
Terms:   One-time transaction
Number of Unsuccessful, Responsive Bidders: 5
Individual contracts will be executed by each IPHEC school based on their needs for this service. The amounts are unknown at this time and will be determined.
The University award process may be delayed up to thirty days as this award goes through a state approval process.
First published Friday June 1, 2001
Sealed bids will be accepted at the address below until 1:30 PM, Monday June 18, 2001:
Purchasing Division (M/C 560)
University of Illinois at Chicago
809 South Marshfield Avenue
Chicago, IL 60612-7203

for IPHEC lease/purchase financing (Bid # RPP-747). 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 equipmnet, one, none or all of the categories may be used during the time period indicated in the bid proposal.

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.

(Submitted by Thomas L. Gardner, State Purchasing Officer.)

For additional information, contact:
Rachel Porrata
University of Illinois at Chicago
Purchasing Division (M/C 560)
809 South Marshfield Avenue
Chicago, IL 60612-7203
Phone: (312) 996-3409
FAX: (312) 996-3135

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