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Public Higher Education Bulletin

University of Illinois at Urbana-Champaign
RFP #1THN519

Request for Proposal: a standby certificate purchase agreement

Award Info
Published Wednesday August 25, 2004
Awarded to:
Vendor:  Bank of America
Amount:  An amount determined by the number of certificates purchased.
Terms:   One-time transaction
Number of Unsuccessful, Responsive Respondents: 9
For further information, contact Bob Plankenhorn (217)244-3400.
The University award process may be delayed up to thirty days as this award goes through a state approval process.
First published Monday January 26, 2004
Sealed responses will be accepted at the address below until 2:00 PM, Tuesday February 10, 2004:
University of Illinois at Urbana-Champaign
Purchasing Division
Suite 212, MC-364
616 E. Green St.
Champaign, IL 61820

for a standby certificate purchase agreement (Request # 1THN519).

The Board of Trustees of the University of Illinois plans to enter into a Standby Certificate Purchase Agreement to obtain liquidity support with a provider for Certificates of Participation (Utility Infrastructure Projects), Series 2004 evidencing proportionate payments to be made by the Board under a Purchase Contract to refinance certain utility infrastructure projects of the University. The Board seeks proposals from banks to provide this service.

Information regarding bank's experience, fees charged, ratings as well as other information is requested. (Submitted by Kathe Shinham, State Purchasing Officer.)

For additional information, contact:
Tom Nation
Phone: (217) 333-3584
FAX: (217) 239-6869

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