NOA Renewal.pdf
PDF 360 KB Posted
- Solicitation number
- 23-551HDA-HMOWN-B-32648
- Issued by
- Cook County, Illinois
About this file
This document is a Notice of Award from the Illinois Housing Development Authority (IHDA) for a contract to provide Master Servicer services. IHDA has awarded the contract to U.S. Bank National Association for a 4-year initial term and a 2-year renewal option, for a total potential contract term of 6 years. The total award amount for the initial 4-year term is $4,200,000, with the 2-year renewal option valued at $2,100,000.
The contract does not have any specific Business Enterprise Program (BEP) or Veteran's Business Program (VBP) utilization requirements. The award decision was based on the agency's recommendation, as this was a contract renewal in accordance with the existing terms. The agency contact for this contract is Amanda Carone of IHDA.
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Text version
Notice of Award Form
State of Illinois Chief Procurement Office Notice of Award V.22.1
Agency and Awarded Vendor Information Description: Renewal Notice: Master Servicer (Renewal Option 1 of 3)
Bid Number: B-32648 Agency: Illinois Housing Development Authority
Vendor Selected for Award: U.S. Bank National Association
Line Item Description: Master Servicer - Renewal Option 1 of 3
Total Award Amount 2100000 Number of unsuccessful bidders/offerors 0
Terms (Add Renewal Terms as appropriate) Length Value
Initial Term 4 Years 4200000
Renewal Term 1 2 Years 2100000
Add Renewal Term 1,2,3 Delete Renewal Term
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: 0
List each bidder or offeror's name
Total bid amount
The name(s) of the certified BEP firm(s) identified in the bidder's or offeror's submitted utilization plan
The bid's Amount awarded to certified BEP firms identified in the utilization plan
The Percentage of the bid's amount awarded to certified
BEP firms identified in the utilization plan
N/A N/A N/A N/A N/A
*NA indicates that the offeror's pricing remained sealed.
Add Row Delete Row
State of Illinois Chief Procurement Office Notice of Award V.22.1
Agency Contact Contact Name: Amanda Carone Telephone Number: 872-271-8062
Email Address: acarone@ihda.org Fax Number: n/a
Street Address: 111 E. Wacker Drive, Suite 1000 City: Chicago
State: Illinois Zip Code: 60601
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.
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.
Renewal - The contract is a renewal in accordance with the terms of the existing contract. The award decision is based on justification presented by the purchasing agency's justification.
Other:
Signature Field Date:
State of Illinois Chief Procurement Office Notice of Award V.22.1 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 firm(s) identified in the bidder's or offeror's submitted utilization plan The bid's Amount awarded to certified BEP firms identified in the utilization plan The Percentage of the bid's amount awarded to certified BEP firms 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: Renewal Notice: Master Servicer (Renewal Option 1 of 3) |
| BIDNUMBER: B-32648 |
| AGENCY: Illinois Housing Development Authority |
| VENDORSELECTED: U.S. Bank National Association |
| LINEITEMDESCRIPTION: Master Servicer - Renewal Option 1 of 3 |
| TotalAwardAmt: 2100000 |
| TextField20: 0 |
| TextField14: 4 Years |
| TextField15: 4200000 |
| TextField19: Renewal Term 1 |
| TextField17: 2 Years |
| TextField18: 2100000 |
| AddRenewalTerm123: |
| DeleteRenewalTerm: |
| VALUETOSTATE: N/A |
| VALUETOVENDOR: N/A |
| PERCENTVBPUPLAN: 0 |
| PERCENTBEPUPLAN: 0 |
| TextField5: N/A |
| TextField6: N/A |
| TextField7: N/A |
| TextField8: N/A |
| TextField21: N/A |
| Add: |
| Delete: |
| ContactName: Amanda Carone |
| Telephone: 872-271-8062 |
| email: acarone@ihda.org |
| fax: n/a |
| Street: 111 E. Wacker Drive, Suite 1000 |
| City: Chicago |
| State: Illinois |
| Zip: 60601 |
| CheckBox1: 0 |
| CheckBox2: 0 |
| CheckBox3: 0 |
| CheckBox5: 1 |
| TextField2: |
| SignatureField1: |
| DateField1: |
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