20-0202R Change Order Notice - 2nd Extension.pdf
PDF 2 MB Posted
- Solicitation number
- 22-557THA-FINAN-B-27672
- Issued by
- Illinois
About this file
This document is a Change Order Notice issued by the Chief Procurement Office for General Services in Illinois related to a small purchase contract for Municipal Advisor Services (RFQ #20-0202R / BidBuy Bid B-20919). The contract was initially awarded to Acacia Financial Group, Inc. for a term of six (6) months from May 7, 2021 to November 5, 2021. Due to an unforeseen delay, a four (4) month time-only extension was required from November 5, 2021 to March 7, 2022 to complete two debt transactions under the contract. A second time-only extension from March 8, 2022 to June 30, 2022 is now being requested to provide advisory services while a new RFP is being finalized. No additional funds are being added to the contract at this time.
The Change Order Notice indicates the circumstances necessitating the change in performance were not reasonably foreseeable at the time the contract was signed, and the change is germane to the original contract as signed. This Change Order Notice is being posted on the Bulletin/BidBuy per the requirements in the Illinois Procurement Code.
View the file
On GovTribe
Work with this file
- Download the original file
- Contacts named in this file
- Similar government files
- Ask GovTribe AI about this file
Text version
Please wait...
If this message is not eventually replaced by the proper contents of the document, your PDF viewer may not be able to display this type of document.
You can upgrade to the latest version of Adobe Reader for Windows®, Mac, or Linux® by visiting http://www.adobe.com/go/reader_download.
For more assistance with Adobe Reader visit http://www.adobe.com/go/acrreader.
Windows is either a registered trademark or a trademark of Microsoft Corporation in the United States and/or other countries. Mac is a trademark of Apple Inc., registered in the United States and other countries. Linux is the registered trademark of Linus Torvalds in the U.S. and other countries.
Change Order Notice Chief Procurement Office for General Services Change Order Notice v.22.1
44 Ill. Adm. Code 1.1525(h) requires notice of renegotiated contracts and change orders that increase the cost of a contract by more than $10,000 or the time of completion by a total of 30 days or more to be posted on the Bulletin/BidBuy for 14 days.
This Change Order Notice provides detail as to why the change order is needed and, pursuant to Section 33E-9 of the Criminal Code, that the circumstances said to necessitate the change in performance were not reasonably foreseeable at the time the contract was signed or the change is germane to the original contract as signed. Change orders are defined by Section 1-15.12 of the Procurement Code and Section 1.2067 of the CPO-GS' Administrative Rules.
Detailed explanation for this change order:
11.0.0.20130303.1.892433.887364
| DropDownList1: THA - Toll Highway Authority |
| ProcurementTitle: Municipal Advisors |
| BBREFNO.: R22-557THA-FINAN-B-27672 |
| thedetails: A small purchase of Municipal Advisor Services was procured via RFQ #20-0202R (BidBuy Bid B-20919) for a term of six (6) months, from May 7, 2021 - Nov 5, 2021. The contract was awarded to Acacia Financial Group, Inc. A time-only extension of four (4) months, from Nov 5, 2021 - Mar 7, 2022 was required to complete two debt transactions under this contract due to an unforeseen delay. A second time-only extension from March 8, 2022 to June 30, 2022 is requested to provide advisory services while the new RFP is finalizing. |
| CheckBox1: 1 |
| CheckBox2: 1 |
File details come from the government source that posted it. Updated .