Number of unsuccessful, responsive bidders:
Vendor: Premier Print Group, Champaign, IL
Amount: An estimated $92,709
An estimated start date of 1/1/2012 through 6/30/2012
Potential Future Renewals:
The bid was awarded to Premier Print Group, however, they were not the lowest bidder on the initial period of the project. They will have the lowest total cost of ownership when calculated over the 5 year project period. The lowest bidder for the initial period of the project would actually have a higher total cost of ownership when calculated over the 5 year project period.
The University award process may be delayed up to thirty days as this award goes through a state approval process.