University of Illinois System
PA RFP #9SLE2102
Professional and Artistic RFP: TAX PREPARATION AND CONSULTING SERVICES
Renewal Info
Published Thursday, May 9, 2024
Renewal entered into with:
Vendor: KPMG LLP
Amount: An estimated $350,000
Renewal: 1st of 2, 7/1/2024 through 6/30/2027
Amount: An estimated $350,000
Renewal: 1st of 2, 7/1/2024 through 6/30/2027
Pricing Changes:
Line-item pricing is increasing 19.16%. This % is the increase in the Consumer Price Index since the onset of the original award. Pricing increases with the change in CPI at renewal were allowed in the original solicitation and the Vendors contract.
Service/Product Changes:
This renewal will include line-item pricing for amendments to the University's FY22 federal and various state tax returns. These additional services are germane to the original contract and will result in a significant tax refund to the University.
Potential Future Renewals:
$375,000 The buyer for this procurement is now Daniel Szajna , (217) 333-2650.
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 as this award goes through a state approval process.
Change Order
Published Tuesday January 23, 2024
Vendor: KPMG LLP
Change Order Amount: $10,000
Change order to add Section 174 consulting services including the computation and method change for the fiscal year ended June 30, 2023, and the computation for the short period beginning July 1, 2023.
Change Order Amount: $10,000
Change order to add Section 174 consulting services including the computation and method change for the fiscal year ended June 30, 2023, and the computation for the short period beginning July 1, 2023.
The buyer for this procurement is now Daniel Szajna , (217) 333-2650.
The Chief Procurement Officer for this procurement is now Bridget McHatton.
The University award process may be delayed as this award goes through a state approval process.
Change Order
Published Thursday May 4, 2023
Vendor: KPMG LLP
Change Order Amount: $180,000
Section 5.2 of the solicitation document indicated that "...consultation services may be requested on an as needed basis." The original award notice published for this solicitation on July 20, 2020, and original change order, did not include sufficient estimates for these allowable consulting hours. Furthermore, additional forms and consulting are needed to do COVID-related activities from the University's University Related organization, Shield T3. This change request increases the estimated award amount to account for these services.
Change Order Amount: $180,000
Section 5.2 of the solicitation document indicated that "...consultation services may be requested on an as needed basis." The original award notice published for this solicitation on July 20, 2020, and original change order, did not include sufficient estimates for these allowable consulting hours. Furthermore, additional forms and consulting are needed to do COVID-related activities from the University's University Related organization, Shield T3. This change request increases the estimated award amount to account for these services.
The buyer for this procurement is now Sarah Chronister , (217) 244-9921.
The University award process may be delayed as this award goes through a state approval process.
Change Order
Published Thursday January 20, 2022
Vendor: KPMG LLP
Change Order Amount: $90,000
Section 5.2 of the solicitation document indicated that "...consultation services may be requested on an as needed basis." The original award notice published for this solicitation on July 20, 2020, did not include sufficient estimates for these allowable consulting hours. Furthermore, after completion of the first year's tax return, Vendor identified additional forms that the University is required to file. Specifically tax filings for states other than Illinois and additional forms such as 926, 8865, 8621, 8858, 5713, and 5471. This change request is to increase the estimated award amount to account for these services.
Change Order Amount: $90,000
Section 5.2 of the solicitation document indicated that "...consultation services may be requested on an as needed basis." The original award notice published for this solicitation on July 20, 2020, did not include sufficient estimates for these allowable consulting hours. Furthermore, after completion of the first year's tax return, Vendor identified additional forms that the University is required to file. Specifically tax filings for states other than Illinois and additional forms such as 926, 8865, 8621, 8858, 5713, and 5471. This change request is to increase the estimated award amount to account for these services.
The buyer for this procurement is now Daniel Szajna , (217) 333-2650.
The Chief Procurement Officer for this procurement is now John Donato.
The University award process may be delayed as this award goes through a state approval process.
Award Info Published Monday July 20, 2020
KPMG LLPChicago, IL
- Amount: An estimated $120,000
- Terms: An estimated start date of 8/1/2020 through 6/30/2024
- Renewals: 2 three-year
- Potential Future Renewals: $180,000
Unsuccessful respondents (8)
Buyer for this procurement: Sherri Eddings, (217) 333-3840
Chief procurement officer for this procurement: John Donato
State purchasing officer for this procurement: Geno Marchizza
Comments:
There was no BEP goal for this solicitation.
See Award Information document attached for information required pursuant to Section 7 of the Business Enterprise Act 30 ILCS 575.
The University award process may be delayed as this award goes through a state approval process.
This notice has been modified
Published Wednesday, January 22, 2020
Amendment 2 is the University Response to all questions received from potential Respondents. These responses will aid in responding to this solicitation.
This notice has been modified
Published Friday, January 17, 2020
Amendment 1 adds copies of the Federal and State Tax Returns for the University (990-T). The Federal includes copies for the last two years (FY17 and FY18) and the State includes a copy of last years submittal (FY18). The University has also included copies of FY18 vs. FY17 Comparative Analysis; along with two Sample Schedules. These documents will aid in responding to this solicitation.
First published Friday, January 3, 2020
Sealed proposals will be accepted below until 3:00 PM, Thursday, February 20, 2020:
At the following address:
System Purchasing and Support Services
507 E Green Street
Suite 501, MC-407
Champaign, IL 61820
System Purchasing and Support Services
507 E Green Street
Suite 501, MC-407
Champaign, IL 61820
The University System, on behalf of the Board of Trustees of the University of Illinois and the University Treasury Operations is requesting professional services of a certified public accounting firm to prepare and review the University's required annual Federal and State unrelated business income tax return forms.
The awarded CPA firm must be able to prepare, review, and file the System's annual Tax Forms which include IRS Form 990-T, Exempt Organization Business Income Tax Return; Illinois Department of Revenue Form IL-990-T, Illinois Exempt Organization Income and Replacement Tax Return; and be able to provide comparative analysis by each activity year over year.
Consulting Services may be requested on an as needed basis. Advisement may be, but is not limited to, Tax Cuts and Job Acts of 2017 provisions affecting the System and research on global operations, navigating business structure and registration requirements, tax compliance, labor laws, banking structures and risk management.
For instructions on how to obtain a comprehensive purchase description, disclosure or contract forms, contact:
Sherri Eddings
System Purchasing and Support Services
507 E Green Street
Suite 501, MC-407
Champaign, IL 61820
Phone: (217) 333-3840
FAX: (217) 239-6760
System Purchasing and Support Services
507 E Green Street
Suite 501, MC-407
Champaign, IL 61820
Phone: (217) 333-3840
FAX: (217) 239-6760
Chief Procurement Officer - Ben Bagby
State Purchasing Officer - Geno Marchizza
Submit 1 original and 2 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.
Illinois Department of Human Rights (IDHR) eligibility number is required on all proposals, if applicable.
There is no BEP goal for this procurement.
The University reserves the right to accept or reject any and all responses or parts thereof.
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.