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Public Higher Education Bulletin

University of Illinois at Urbana-Champaign
RFP #1THN717

Request for Proposal: Standby Bond

Award Info
Published Thursday December 29, 2005
Awarded to:
Vendor:  Dexia Credit Local
Amount:  $150,500 for the first year and $110,000 for each of the 6 subsequent years
Terms:   One-time transaction
Number of Unsuccessful, Responsive Respondents: 0
The University award process may be delayed up to thirty days as this award goes through a state approval process.
First published Wednesday, December 7, 2005
Sealed responses will be accepted at the address below until 2:00 PM, Thursday, December 22, 2005:
University of Illinois at Urbana-Champaign
Purchasing Division
Suite 212, MC-364
616 E. Green St.
Champaign, IL 61820

The Board of Trustees of the University of Illinois is seeking a provider to enter into a standby bond purchase agreement to obtain liquidity support, but not credit support, for UIC South Campus Development Project Refunding Revenue Bonds, Series 2006 A and B. Additionally, it is the intention of the University to make awards to additional providers to ensure that when future liquidity and/or credit support is required, the University may solicit rates from the awardees without the need for additional formal action.

Information regarding provider's financial ratings, rate for the current requirement, experience and expertise in the field 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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