Award Letter and Synopsis for RFP #190000001338 posted 3-22-19 - clean.docx

STATE OF MICHIGAN

CENTRAL PROCUREMENT SERVICES

Recommendation of Award

The Department of Technology, Management, & Budget’s Central Procurement Services office has completed the evaluation of RFP 190000001338 and has recommended an award to Dell Financial Services, Inc. in the amount of $3,183,184.20 pending State Administrative Board approval, if applicable. More information on the State Administrative Board can be found at: State Administrative Board.

Bidders who were not recommended for the award are encouraged to schedule a debriefing session with the Solicitation Manager. The debriefing session will provide the bidder with the State’s rationale on why the bidder was not recommended for the award. The Solicitation Manager may be contacted as follows:

Lisa Spitzley, Solicitation Manager spitzleyl4@michigan.gov

(517) 249-0440

Background Information:

This Request for Proposal (RFP) was to solicit proposals from Bidders to provide a lease-to-purchase proposal for EMC hardware and software equipment.

Bidders:

The RFP was posted on SIGMA VSS on March 8, 2019 and was available for 7 days. The following bidders submitted proposals by the published due date of March 15, 2019.

City, State Zip

SDVOB*

Banc of America Public Capital Corp Scottsdale, AZ 555 California Street, 4th Floor San Francisco, CA 94104 No

Dell Financial Services, LLC Round Rock, TX One Dell Way Round Rock, TX 78682 No

Fifth Third Commercial Funding, Inc East Lansing, MI 38 Fountain Square Cincinnati, OH 45263 No

Hewett Packard Financial Services, Inc.

Berkley Heights, NJ 200 Connell Drive, 5th Floor Berkeley Heights, NJ 07922 No

Key Government Finance, Inc.

Cleveland, OH 1000 South McCaslin Blvd.

Superior, CO 80027 No

TD Equipment Finance, Inc.

Cherry Hill, NJ 1006 Astoria Blvd.

Cherry Hill, NJ 08003 No

*SDVOB: Service-Disabled Veteran Owned Business

Evaluation Synopsis I. Evaluation Process A Responsible Vendor is a vendor that demonstrates it has the ability to successfully perform the duties identified by the solicitation. A Responsive proposal is one that is submitted in accordance with the solicitation instructions and meets all mandatory requirements identified in the solicitation.

All Proposals received with an amortization table including: interest rate, financing amount, total financed amount, monthly payment amount and a total of 60 monthly payments and/or optional 5 annual payments will have pricing evaluated and considered for award.

The entire evaluation process is provided in the RFP Proposal Instructions.

II. Evaluation Method Responses to this solicitation were reviewed by a Joint Evaluation Committee, which consisted of the following individuals:

Lisa Spitzley, Category Analyst DTMB – Procurement Cindy McGee, IT Procurement Liaison

DTMB

III. Evaluation Results A. Banc of America Capital Corp

The JEC determined Banc of America Capital Corp met the RFP requirements. This determination was accomplished by evaluating their response to the selection criteria noted above.

B. Dell Financial Services, LLC

The JEC determined Dell Financial met the RFP requirements. This determination was accomplished by evaluating their response to the selection criteria noted above.

C. Fifth Third Commercial Funding, Inc.

The JEC determined Fifth Third Commercial Funding met the RFP requirements. This determination was accomplished by evaluating their response to the selection criteria noted above.

D. Hewett Packard Financial Services, Inc.

The JEC determined Hewlett Packard Financial met the RFP requirements. This determination was accomplished by evaluating their response to the selection criteria noted above

E. Key Government Finance, Inc.

The JEC determined Key Government Finance, Inc. met the RFP requirements. This determination was accomplished by evaluating their response to the selection criteria noted above.

F. TD Equipment Finance, Inc.

The JEC determined TD Equipment Finance met the RFP requirements. This determination was accomplished by evaluating their response to the selection criteria noted above.

IV. Pricing Summary The following is locked, monthly submitted pricing submitted during bidding:

Bid Amount

The following is locked, annual submitted pricing submitted during bidding:

Bid Amount

V. Award Recommendation:

Award Recommendation is made to Dell Financial Services, LLC. for a 5-year, annual payment lease financing at 1.15% for a total proposed amount of $3,183,184.20 as they provided the best value to the State based on their interest rate and total financed amount.

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