MA Award - Frasca~1.pdf

PDF 82 KB Posted

Attached to
Open Market Competetitive Sealed Proposal IL|25-507GOMB-MGMTB-P-80135
Contract number
25-507GOMB-MGMTB-P-80135
Issued by
Illinois

About this file

This is a Notice of Award Form from the State of Illinois Chief Procurement Office for General Services (CPO-GS), specifically for the Governor's Office of Management and Budget. The contract is awarded to Frasca & Associates, LLC for Bid Number 25-507GOMB-MGMTB-B-45603, with zero unsuccessful bidders.

The contract is for Municipal Advisory Services, specifically to assist with the issuance of state debt. The initial term is 3 years, with a total award amount ranging from $105,000 to $130,000 per issuance. The contract has a "Not to Exceed" value of $130,000 per issuance. No specific Business Enterprise Program (BEP) or Veterans Business Program (VBP) utilization goals are noted, and the vendor's pricing remained sealed. The award was determined through a general procurement process, recommended by the purchasing agency as the most reasonable and responsive option.

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