University of Illinois System
SoleSource #9ASL2413

Announcement of a Sole Source Purchase

Award Info Published Thursday April 25, 2024

PitchBook Data IncorporatedSeattle, WA

  • Amount: An estimated $88,000
  • Terms: An estimated start date of 5/1/2024 through 4/30/2025, 12 months
  • Renewals: 4 twelve-month
  • Potential Future Renewals: $360,000

Summary

Vendors

1 total
0 BEP vendors
0 VBP vendors
0 Small businesses

The University award process may be delayed as this award goes through a state approval process.

The hearing has been cancelled
Published Wednesday, April 24, 2024
The hearing has been cancelled since no vendors registered to attend or submitted comments regarding this notice.
First published Tuesday, April 9, 2024
The University awarded a contract for License to PitchBook Financial Database to PitchBook Data Incorporated, Seattle, WA, for an estimated $88,000.
License to PitchBook financial database on private and public capital market data.
The University has determined that this purchase is only economically available from this source because the procurement is software license, upgrade or maintenance. In order to advance business development activity as part of the University's commitment to state-wide financial and environmental sustainability, the Discovery Partners Institute supports the development of business ventures, research technology commercialization, and business development. To assess market opportunities for commercial applications of university-developed research and intellectual property, information about current privately-held businesses pursuing related activities and private equity markets is required.

For instructions on how to obtain a comprehensive purchase description, disclosure or contract forms, contact:
Andrea Lile
System Purchasing & Support Services
507 East Green Street
Suite 501, MC-407
Champaign, IL 61820
Phone: (217) 244-9312
Chief Procurement Officer - Bridget McHatton
State Purchasing Officer - Catherine Bradbury

We will hold a public hearing at the date, time and location specified below, if we receive a request to testify regarding the sole source determination. We will also hold a hearing if any vendor submits a signed statement showing the capability to provide the stated supplies/services at or below the amount indicated.

The public hearing allows any interested party the opportunity to testify for or against the sole source determination as described in this notice. 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 sole source determination was appropriate.

We must receive any request to testify and any vendor statement no later than the registration date and time indicated below. If we do not receive a timely request or statement, we will not hold the hearing. We reserve the right to cancel the procurement prior to any scheduled hearing. Please confirm the status of the hearing with the Hearing Contact.

Hearing Details

Date:
April 24, 2024
Time:
9:00 AM
Location:
Stratton Building
Room 511
401 S. Spring Street
Springfield, IL

Hearing Contact:
Catherine Bradbury
Phone: (217) 993-2327
Additional Information: All sole source hearings under the jurisdiction of the Chief Procurement Officer for Higher Education will be conducted by tele-conference only until the in-person option is reinstated.
Date, time, and location are subject to change and/or cancellation. It is the responsibility of potential participants to confirm these details prior to attendance.

Registration Deadline:
April 19, 2024
Register with:
Catherine Bradbury
Phone: (217) 993-2327

The State of Illinois has a policy to encourage prospective vendors to hire qualified veterans, minorities, females, persons with disabilities and ex-offenders.

Documents

To obtain any of the following documents, please log into your Bulletin account.

Sole Source Justification

  • 9ASL2413.pdf (847 KB)

Sole Source Justification Part 2

  • 9ASL2413Pt2.pdf (85 KB)
Log In