CHANGE ORDER NOTICE - Municipal Advisors Small Purchase

This is a change order notice for a small purchase contract for municipal advisor services that was originally procured via RFQ #20-0202R (BidBuy Bid B-20919) for a six-month term from May 7, 2021 to November 5, 2021. The contract was awarded to Acacia Financial Group, Inc. The notice indicates that a time-only extension of four months, from November 5, 2021 to March 7, 2022, is required to complete two debt transactions under this contract due to an unforeseen delay. The circumstances necessitating the change in performance were not reasonably foreseeable at the time the contract was signed, and the change is germane to the original contract. No additional funds are being added to the contract at this time.

The original procurement was conducted by the Chief Procurement Office for General Services in Illinois. The goods or services being procured are municipal advisor services, with key objectives including completing two debt transactions. The original contract did not specify an incumbent vendor, and there are no indications of set-aside designations or restrictions on the types of organizations that can respond. The original contract value is not provided, and no additional funding is being added through this change order.