Public Higher Education Bulletin

University of Illinois at Urbana-Champaign

RFP #1DJL1343

Request for Proposal: Financial Advisory Services

Renewal Info

Published Thursday May 26, 2022

Renewal entered into with:

Vendor: Public Financial Management, Inc.
Amount: An estimated $350,000
Renewal: 2 of 2, 7/1/2022 through 6/30/2024

Pricing Changes:

none

Service/Product Changes:

none

Potential Future Renewals: None

Comments: An award is being made to multiple firms in order to assure adequate service availability. The vendor shown above is designated as the primary recipient of orders. The Secondary awardee may receive orders in the event the primary vendor is unable to provide services and for tax increment financing assignments. Secondary Awardee - Acacia Financial Group, Inc., Chicago, IL

The buyer for this procurement is now Jenny Henderson , (217) 300-9903.

The Chief Procurement Officer for this procurement is now John Donato.

The University has taken into account 30 ILCS 575/8i of the BEP Act in conducting this renewal.

The University award process may be delayed up to thirty days as this award goes through a state approval process.

Renewal Info

Published Tuesday June 2, 2020

Renewal entered into with:

Vendor: Public Financial Management, Inc.
Amount: An estimated $1,125,000
Renewal: 1st of 2, 7/1/2020 through 6/30/2022

Pricing Changes:

None

Service/Product Changes:

None

Potential Future Renewals: $1,125,000

The buyer for this procurement is now Sherri Eddings , (217) 333-3840.

The Chief Procurement Officer for this procurement is now Ben Bagby.

The University has taken into account 30 ILCS 575/8i of the BEP Act in conducting this renewal.

The University award process may be delayed up to thirty days as this award goes through a state approval process.

Change Order

Published Friday January 25, 2019

Vendor: Public Financial Management, Inc.
Change Order Amount: $0
This is an update to the vendor name. The services will be provided under the same terms, conditions and pricing by Public Financial Management's affiliated company, PFM Financial Advisors LLC.

The buyer for this procurement is now Jay Simpson , (217) 265-0434.

The State Purchasing Officer for this procurement is now Geno Marchizza.

The University award process may be delayed up to thirty days as this award goes through a state approval process.

Award Info Published Tuesday January 7, 2014

Public Financial Management, Inc.Boston, MA

Amount: An estimated $1,500,000

Terms: An estimated start date of 7/1/2014 through 6/30/2020
Renewals: 2 two-year
Potential Future Renewals: $2,250,000

Unsuccessful respondents (3)

Buyer for this procurement: Danny Lienard, (217) 333-0777

State purchasing officer for this procurement: Gary Reis

Comments:
An award is being made to multiple firms in order to assure adequate service availability. The vendor shown above is designated as the primary recipient of orders. The Secondary awardee may receive orders in the event the primary vendor is unable to provide services and for tax increment financing assignments. Secondary - Acacia Financial Group, Inc., Chicago, IL

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 Friday July 5, 2013

A Microsoft Word version of the RFP document has been attached to the RFP notice for vendor use in responding to this solicitation. Also, Section 1, paragraph 1.3, vendor question 3 has been modified, in the Word version, to replace the second instance of "Higher Education Financings" with "Health Care Financings" for Number of Revenue Bond Issues.

First published Friday, June 21, 2013

Sealed proposals will be accepted below until 3:00 PM, Thursday August 15, 2013:

At the following address:
Purchasing Division
212A Illini Plaza
1817 South Neil Street
Champaign, IL 61820

The Board of Trustees of the University of Illinois (�??the University�??) is seeking Proposals from qualified firms (�??Proposers�??) to provide Financial Advisory services for the University�??s anticipated financings between July 1, 2014 and June 30, 2020, with the option to renew for two additional twenty-four month periods thereafter at the same terms and conditions based on satisfactory performance, continuing need and availability of funds. The provider(s) will also assist with the ongoing needs in financial matters related to the University�??s debt and capital structure. The University may select multiple advisors, when their specialties, in aggregate, meet the needs of the University. The University will assign work as it deems necessary to the firm or firms best suited to fulfill the University�??s needs based on the firms familiarity with the issue, specialty, and availability.

For instructions on how to obtain a comprehensive purchase description, disclosure or contract forms, contact:

Danny Lienard
Phone: (217) 333-0777
FAX: (217) 239-6877

Purchasing Website

State Purchasing Officer - Gary Reis

Submit one (1) original and eight (8) copies of the response as defined in the specifications.
The University reserves the right to accept or reject any and all responses or parts thereof.
This procurement may be contingent on Board of Trustees approval.
Illinois Department of Human Rights (IDHR) eligibility number is required on all proposals, if applicable.
There is no BEP goal for this procurement.

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.

Bulletin Navigation

https://www.procure.stateuniv.state.il.us