University of Illinois at Urbana-Champaign
Invitation for Bid: Financial Research Services
Renewal entered into with:Vendor: Bloomberg Finance L.P.
Amount:
An estimated $104,000
Renewal: 2nd of 5, 7/1/2013 through 6/30/2014
Pricing Changes:
5.7% increase
Service/Product Changes:
None
Potential Future Renewals:
$258,000
The buyer for this procurement is now Jay
Simpson, (217) 265-0434.
The State Purchasing Officer for this procurement is now John Knittle.
The University award process may be delayed up to thirty days as this award goes through a state approval process.
Renewal entered into with:Vendor: Bloomberg Finance L.P.
Amount:
An estimated $85,288
Renewal: 1st of 5, 7/1/2012 through 6/30/2013
Pricing Changes:
6% increase. Vendor indicated in original bid prices would be adjusted no more than 10% during this renewal period.
Service/Product Changes:
None
Potential Future Renewals:
$344,000
Comments: State Purchasing Officer: Amanda Baylor
The University award process may be delayed up to thirty days as this award goes through a state approval process.
Awarded to:Vendor: Bloomberg Finance L.P., New York, NY
Amount: An estimated $80,460
Terms:
An estimated start date of 7/1/2011 through 6/30/2012
Renewals:
5 one-year
Number of unsuccessful, responsive bidders: 0
The University award process may be delayed up to thirty days as this award goes through a state approval process.
The bid opening date has been changed to May 5, 2011.
First published Tuesday, April 12, 2011
Sealed bids will be accepted at the address below until 2:00 PM, Thursday May 5, 2011:
Purchasing Division
616 E. Green Street, Suite 212, MC-364
Champaign, IL
61820
For additional information, contact:
The University reserves the right to accept or reject any and all responses or parts thereof.
Vendor may expect payment thirty to sixty days after receipt of invoice, unless otherwise stated in the bid documents.
Illinois Department of Human Rights (IDHR) eligibility number is required on all proposals, if applicable.
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.