University of Illinois System
Exemption #9DGS2312
Announcement of an Exempt Purchase
Change Order
Published Monday June 5, 2023
Vendor: PFM Asset Management LLC
Change Order Amount: $0
The University held the hearing required under 30 ILCS 500/1-13(b-10) on Monday, June 5, 2023. No individuals registered to present testimony nor was any written testimony provided for consideration at the hearing. This change order notice serves as notice of the University's award (as presented below) to PFM Asset Management LLC. A copy of the hearing minutes may be requested from the Hearing Contact (information provided below).
Change Order Amount: $0
The University held the hearing required under 30 ILCS 500/1-13(b-10) on Monday, June 5, 2023. No individuals registered to present testimony nor was any written testimony provided for consideration at the hearing. This change order notice serves as notice of the University's award (as presented below) to PFM Asset Management LLC. A copy of the hearing minutes may be requested from the Hearing Contact (information provided below).
The University award process may be delayed up to thirty days as this award goes through a state approval process.
Award Info Published Friday May 19, 2023
PFM Asset Management LLCHarrisburg, PA
- Amount: An estimated $100,000
Amount listed is estimated annual fees
- Terms: An estimated start date of 7/1/2023 through 12/31/2035
- Renewals: None
Summary
Vendors
1 total
0 BEP vendors
0 VBP vendors
0 Small businesses
Comments:
The executed contract does not have a defined end-date. Contract will be effective through termination by the University under the terms and conditions of the executed agreement. End date stated in this notice was required by the Bulletin; however, should not be considered the actual end date.
The University award process may be delayed up to thirty days as this award goes through a state approval process.
First published Friday, May 19, 2023
The University awarded a contract for Investment of Bond Proceeds.
Fixed income investment management services for the University's plant fund assets. Fund manager is responsible for investing debt proceeds from Bond Issues.
We will hold a public hearing via Zoom at the date and time specified below for testimony or consideration of a signed statement submitted regarding this exempt purchase notification.
The public hearing allows any interested party the opportunity to testify for or against the University's proposed purchase using this exemption. The purpose of the hearing is to receive information from the public in a reasonable manner. Formal rules of evidence will not apply. The hearing officer will produce minutes of the hearing and may record it in order to aid in the production of the minutes. After conclusion of the hearing we will decide whether the exempt purchase was appropriate.
We must receive any request to testify and any vendor statement no later than the registration date and time indicated below. Registration is required for Zoom conferencing participation in the hearing. We reserve the right to cancel the procurement prior to any scheduled hearing.
Hearing Details
Date: June 5, 2023
Time: 10:00 AM
Location: Via Zoom web conference
Hearing Contact:
Daniel Szajna
Phone: (217) 333-2650
E-mail: dszajna@uillinois.edu
Additional Information: This hearing will be held by web-conference only, please register with the registration contact below to obtain participation information.
Date: June 5, 2023
Time: 10:00 AM
Location: Via Zoom web conference
Hearing Contact:
Daniel Szajna
Phone: (217) 333-2650
E-mail: dszajna@uillinois.edu
Additional Information: This hearing will be held by web-conference only, please register with the registration contact below to obtain participation information.
Registration
Registration Deadline: May 31, 2023 at 5:00 PM
Register With: Hearing Contact (information provided above)
Registration Deadline: May 31, 2023 at 5:00 PM
Register With: Hearing Contact (information provided above)
This purchase is exempt from the usual selection processes of the Procurement Code because the procurement expenditure is for procurements made by or on behalf of the University of Illinois for investment services (30 ILCS 500/1-13(b-10)) The awardee was previously selected via the sole source procurement Bonding20201.
For instructions on how to obtain a comprehensive purchase description, disclosure or contract forms, contact:
Daniel Szajna
System Purchasing and Support Services
507 E Green Street
Suite 501, MC-407
Champaign, IL 61820
Phone: (217) 333-2650
FAX: (217) 239-6760
System Purchasing and Support Services
507 E Green Street
Suite 501, MC-407
Champaign, IL 61820
Phone: (217) 333-2650
FAX: (217) 239-6760
The State of Illinois has a policy to encourage prospective vendors to hire qualified veterans, minorities, females, persons with disabilities and ex-offenders.