B-40614 NOA JPMC GAAP services.pdf

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Attached to
JPMC GAAP Reporting Services
Solicitation number
24-416CMS-BOSS4-B-40614
Issued by
Illinois

About this file

This document is a Notice of Award form from the State of Illinois Chief Procurement Office for General Services for a contract titled "JPMC GAAP Reporting Services". The contract establishes an indefinite quantity contract for Generally Accepted Accounting Principles (GAAP) reporting services, enabling Central Management Services, governmental units, and qualified not-for-profit agencies to purchase these services on an as-needed basis during the 8-year (96-month) contract period. The total award amount is $4,474,000, and the contract was awarded to Crowe LLP.

The contract covers various hourly rates for a Project Manager, Staff Accountant, and Senior Staff Accountant over 4 term periods (years 1-2, 3-4, 5-6, and 7-8). There were no unsuccessful bidders, and the pricing submitted by Crowe LLP was determined to be fair and reasonable. The contract has a 22% Business Enterprise Program (BEP) utilization goal, with Ringold Financial Management Services, Inc. identified as the certified BEP vendor.

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Notice of Award Form

State of Illinois Chief Procurement Office for General Services Notice of Award V.24.2

Agency and Awarded Vendor Information

Description:

JPMC GAAP Reporting Services, establishes a contract to enable Central Management Services, governmental units, and qualified not-for-profit agencies to purchase services for Generally Accepted Accounting Principles (GAAP) reporting on an as needed basis during the contract period. This is an indefinite quantity contract with an estimated award value.

Bid Number: 24-416CMS-BOSS4-B-40614 Agency: Central Management Services

Vendor Selected for Award: Crowe LLP

Line Item Description: All line items 1 through 12 for Project Manager, Staff Accountant and Senior Staff Accountant hourly rates for years 1-2, 3-4, 5-6, and 7-8.

Total Award Amount $4,474,000.00 Number of unsuccessful bidders/offerors 0

Terms (Add Renewal Terms as appropriate) Length Value

Initial Term 8 years (96 months) $4,474,000.00

N/A 0 0

Delete Renewal Term Add Renewal Term 1,2,3

Farm Leases and Concessions

Value to the State: n/a

Estimated Financial Return to the State for the Life of the Contract (Includes Renewals)

Value to the Vendor: n/a

Estimated Gross Revenue to the Vendor for the Life of the Contract (Includes Renewals)

Business Enterprise Program/Veterans Business Program Awarded bidder/offeror BEP/VBP Utilization Plan Goals 30 ILCS 575/7 (6)

% of VBP Per Utilization Plan: 0% % of BEP Per Utilization Plan: 22%

List each bidder or offeror's name Total bid amount

The name(s) of the certified BEP vendor(s) identified in the bidder's or offeror's submitted utilization plan

The Percentage of the bid's amount awarded to certified BEP vendor(s) identified in the utilization plan

CROWE LLP $4,474,000.00 Ringold Financial Management Services, Inc. 22%

*NA indicates that the offeror's pricing remained sealed.

Add Row Delete Row

State of Illinois Chief Procurement Office for General Services Notice of Award V.24.2

Agency Contact

Contact Name: Veronica Williams Telephone Number: 217-785-1523

Email Address: Veronica.Williams2@illinois.gov Fax Number: N/A

Street Address: 300 W. Jefferson City: Springfield

State: Illinois Zip Code: 62074

SPO Written Determination for Contract Award Decision

General - Applies to Split Awards, Award to Other than Lowest Responsible and Responsive Bidder. The Rationale described by the purchasing agency in the recommendation to award seems reasonable, and serves as the basis for the contract decision.

Invitation for Bid - The contract was procured through the Invitation for Bid Process, and the contract has been awarded to the lowest priced responsive and responsible bidder.

Invitation for Bid award with Domestic Products preference - The contract was procured through the Invitation for Bid Process, and the contract has been awarded to the lowest priced responsive and responsible bidder by applying the Procurement of Domestic Products preference.

Request for Proposal - Based on factors set forth in the Request for Proposal, the contract has been awarded to the offeror whose proposal is most advantageous to the State.

Other: Per JCAR Sect. 1.2005 g) award to the single bidder as the agency has determined the price submitted is fair and reasonable. All other prospective bidders had reasonable opportunity to respond as the bid published in the Bulletin (BidBuy).

Signature Field Date: Jun 6, 2024

State of Illinois Chief Procurement Office for General Services Notice of Award V.24.2 Page of Agency and Awarded Vendor Information Terms (Add Renewal Terms as appropriate) Length Value Initial Term Farm Leases and Concessions Estimated Financial Return to the State for the Life of the Contract (Includes Renewals) Estimated Gross Revenue to the Vendor for the Life of the Contract (Includes Renewals) Business Enterprise Program/Veterans Business Program Awarded bidder/offeror BEP/VBP Utilization Plan Goals 30 ILCS 575/7 (6) List each bidder or offeror's name Total bid amount The name(s) of the certified BEP vendor(s) identified in the bidder's or offeror's submitted utilization plan The Percentage of the bid's amount awarded to certified BEP vendor(s) identified in the utilization plan *NA indicates that the offeror's pricing remained sealed.

Agency Contact SPO Written Determination for Contract Award Decision 11.0.0.20130303.1.892433.887364

CurrentPage:
PageCount:
DESCRIPTION: JPMC GAAP Reporting Services, establishes a contract to enable Central Management Services, governmental units, and qualified not-for-profit agencies to purchase services for Generally Accepted Accounting Principles (GAAP) reporting on an as needed basis during the contract period. This is an indefinite quantity contract with an estimated award value.
BIDNUMBER: 24-416CMS-BOSS4-B-40614
AGENCY: Central Management Services
VENDORSELECTED: Crowe LLP
LINEITEMDESCRIPTION: All line items 1 through 12 for Project Manager, Staff Accountant and Senior Staff Accountant hourly rates for years 1-2, 3-4, 5-6, and 7-8.
TotalAwardAmt: $4,474,000.00
NoUnsuccessfulbidders: 0
cell2: 8 years (96 months)
cell2: 0
cell2: $4,474,000.00
cell3: $4,474,000.00
cell3: 0
cell3: Ringold Financial Management Services, Inc.
cell1: N/A
cell1: CROWE LLP
DeleteRenewalTerm:
AddRenewalTerm123:
VALUETOSTATE: n/a
VALUETOVENDOR: n/a
PERCENTVBPUPLAN: 0%
PERCENTBEPUPLAN: 22%
cell5: 22%
Add:
Delete:
ContactName: Veronica Williams
Telephone: 217-785-1523
email: Veronica.Williams2@illinois.gov
fax: N/A
Street: 300 W. Jefferson
City: Springfield
State: Illinois
Zip: 62074
CheckBox1: 0
CheckBox2: 1
CheckBox5: 0
CheckBox3: 0
Other: Per JCAR Sect. 1.2005 g) award to the single bidder as the agency has determined the price submitted is fair and reasonable. All other prospective bidders had reasonable opportunity to respond as the bid published in the Bulletin (BidBuy).
SignatureField1:
DateField1: 2024-06-06

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