notice-of-award-form_usbank SPO Signed.pdf

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Attached to
Renewal Notice - Master Servicer U. S. Bank
Solicitation number
24-551HDA-HMOWN-B-43636
Issued by
Cook County, Illinois

About this file

This is a Notice of Award form from the State of Illinois Chief Procurement Office for General Services documenting a contract renewal with U.S. Bank National Association as Master Servicer for the Illinois Housing Development Authority (bid number 24-551HDA-HMOWN-B-43636). This represents Renewal Option 2 of 3 for Master Servicer services. The contract includes an initial term of 4 years valued at $4,200,000, with Renewal 1 and Renewal 2 each being 2-year terms valued at $2,100,000 each. The current renewal award amount is $2,100,000.

The contract has no Business Enterprise Program (BEP) or Veterans Business Program (VBP) utilization requirements, with both percentages set at 0%. There were no unsuccessful bidders/offerors for this renewal. The contract contact is Anna Harris at the Illinois Housing Development Authority in Chicago. The award decision was made as a renewal in accordance with the terms of the existing contract, based on the purchasing agency's justification. No farm leases or concessions are involved, and both the value to the state and vendor are listed as N/A.

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Notice of Award Form

State of Illinois Chief Procurement Office for General Services Notice of Award V.23.1

Agency and Awarded Vendor Information Description: Renewal Notice - Master Servicer U.S. Bank

Bid Number: 24-551HDA-HMOWN-B-43636 Agency: Illinois Housing Development Authority

Vendor Selected for Award: U.S. Bank National Association

Line Item Description: Master Servicer - Renewal Option 2 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 1 2 Years 2100000

Renewal 2 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 for General Services Notice of Award V.23.1

Agency Contact Contact Name: Anna Harris Telephone Number: 3128365240

Email Address: aharris@ihda.org Fax Number: n/a

Street Address: 111 E. Wacker Drive, Suite 1000 City: Chicago

State: IL 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.

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.

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 for General Services Notice of Award V.23.1 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 U.S. Bank
BIDNUMBER: 24-551HDA-HMOWN-B-43636
AGENCY: Illinois Housing Development Authority
VENDORSELECTED: U.S. Bank National Association
LINEITEMDESCRIPTION: Master Servicer - Renewal Option 2 of 3
TotalAwardAmt: 2100000
NoUnsuccessfulbidders: 0
cell2: 4 Years
cell2: 2 Years
cell2: 2 Years
cell2: N/A
cell3: 4200000
cell3: 2100000
cell3: 2100000
cell3: N/A
cell1: Renewal 1
cell1: Renewal 2
cell1: N/A
AddRenewalTerm123:
DeleteRenewalTerm:
VALUETOSTATE: N/A
VALUETOVENDOR: N/A
PERCENTVBPUPLAN: 0
PERCENTBEPUPLAN: 0
cell4: N/A
cell5: N/A
Add:
Delete:
ContactName: Anna Harris
Telephone: 3128365240
email: aharris@ihda.org
fax: n/a
Street: 111 E. Wacker Drive, Suite 1000
City: Chicago
State: IL
Zip: 60601
CheckBox1: 0
CheckBox2: 0
CheckBox5: 0
CheckBox3: 0
CheckBox4: 1
Other:
SignatureField1:
DateField1:

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