Adv Pay RFQ Financial Services Form.xlsx
XLSX spreadsheet 12 KB Posted
- Attached to
- R3 Grant Financial Services Advance Pay
- Solicitation number
- 27-546CJIA-CJIA5-B-52486
- Issued by
- Illinois
About this file
This is a Request for Quotation (RFQ) form for financial services related to the Restore Reinvest Renew (R3) Grant Program administered by the State of Illinois. The document serves as an advance pay grantee analysis tool designed to evaluate financial service providers' capabilities in supporting the R3 Program. The RFQ requests detailed information from potential financial services vendors regarding their qualifications, experience, and proposed methodologies for managing advance payments to grantees. Respondents are expected to demonstrate expertise in grant administration, financial management, and advance payment processing. The form structure indicates a competitive procurement process wherein qualified financial services firms submit proposals outlining their ability to serve as financial intermediaries or administrators for the R3 grant program's advance payment mechanism.
The pricing structure and specific contract terms are to be determined through the quotation responses, with evaluation criteria likely focusing on cost efficiency, vendor experience with similar grant programs, and financial management capabilities. This procurement appears to support Illinois's R3 program objectives, which typically involve economic revitalization and reinvestment in designated communities. The advance pay component suggests the selected financial services provider will facilitate expedited funding distribution to eligible grantees, requiring robust financial controls and compliance monitoring systems. Set-asides, incumbent considerations, and detailed funding sources would be specified in accompanying RFQ documentation or clarifications issued during the solicitation period.
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Other files
| File | Type | Posted |
|---|---|---|
| standard-terms-and-conditions~22.pdf | ||
| Attachment A Financial Services Rev~1.pdf | ||
| standard-illinois-certifications v262~1.pdf |
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Text version
Sheet1
| Request For Quote | Illinois Criminal Justice Authority | |||
| RFQ # CJ050526 | For: Grant Financial Services | |||
| RFQ must be filled out and returned with Bid | ||||
| Pricing should be based on fixed price, per review, tiered based on a consistent measure, ie., total annual revenues, total annual grant funding, etc. Quantities are estimates* | ||||
| Item Deliverables | Description | Quantity* | Unit Cost | Extended Cost |
| 1 | Written report that states whether the grantee complies with the requirements of 2 CFR §200.302 Financial management system and 200.303 Internal Controls and 44 Ill. Adm. Code 7000.120, GOMB Adoption of Supplemental Rules for Grant Payment Methods. Grantee awards up to $100,000. | 25 | ||
| 2 | Written report that states whether the grantee complies with the requirements of 2 CFR §200.302 Financial management system and 200.303 Internal Controls and 44 Ill. Adm. Code 7000.120, GOMB Adoption of Supplemental Rules for Grant Payment Methods. Grantee awards between $100,001 and $500,000. | 50 | ||
| 3 | Written report that states whether the grantee complies with the requirements of 2 CFR §200.302 Financial management system and 200.303 Internal Controls and 44 Ill. Adm. Code 7000.120, GOMB Adoption of Supplemental Rules for Grant Payment Methods. Grantee awards between $500,001 and $1,000,000. | 30 | ||
| 4 | Written report that states whether the grantee complies with the requirements of 2 CFR §200.302 Financial management system and 200.303 Internal Controls and 44 Ill. Adm. Code 7000.120, GOMB Adoption of Supplemental Rules for Grant Payment Methods. . Grantee awards in excess of $1,000,000 | 10 | ||
| 5 | Recommendation(s) for allowing the grantee to meet the minimum standards for compliance for each review performed. | 50 |
| Please reference Attachment A in Bid Buy Attachment tab for detailed requirements | ||
| Total | ||
| Note to Vendor: The quote must include all expenses and be valid for 90 days from submitting your offer. No price increase will be allowed during this time. We reserve the right to reject all offers and to reject individual offers for failure to meet any requirement. The winning vendor must possess all mandatory conditions/qualifications; and have provided documentation of possession of mandatory conditions/ qualifications. | ||
| Company Name: | ||
| Signature: | ||
| Printed Name: | ||
| Date: |
| Contact: | John Klaer, Agency Procurement Officer |
| Illinois Criminal Justice Information Authority | |
| 60 E Van Buren Street, Ste. 650 | |
| Chicago, IL 60605 | |
| 312-793-8946 | |
| john.klaer@illinois.gov |
mailto:john.klaer@illinois.gov
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