Reference Number: 22040590
Request ID:
Date First Offered11/24/2010
Title:Emergency Extension-Electronic Commerce Payment Services-IOC

Agency Reference Number:17-000
Agency:SCO - Comptrollers Office
Purchasing Agency:SCO - Comptrollers Office
Purchasing Agency SPO:Patricia Allen; Jake Ballard

Status: Closed


Description and Specifications:
Emergency extension of current electronic banking services contract services with JP Morgan/Chase while competitively bid procurement is being prepared. Estimated cost of services during extension is $50,000. Actual cost will be updated when finalized.

Key Information

Notice Type:Emergency Procurement

Notice Expiration Date:06/20/2017
Emergency Justification:In an effort to prevent critical state services from being disrupted, IOC is extending the current vendor contract 90 days while a competitively bid procurement is being prepared.
Accordance with Admin Rule:Minimize serious disruption to critical state services that affect health, safety, or collection of substantial state revenues

Professional & Artistic:No
Small Business Set-Aside:No

Does this solicitation contain a BEP or DBE requirement?:No

Does this solicitation contain a Veteran requirement?:No

Relevant Category:General Services

Total Amount of Award:$630,000.00 (Total Dollar Value Only/Includes Any Renewal Options)
Estimated/Actual Value Description:Award amount includes transaction volume assumptions based on estimated growth in participants anticipated over a 60 month period.
Length of Initial Term:60
Contract Begin Date:04/01/2011
Contract End Date:03/31/2016
Renewal Terms:1


Number of Responding Bidders:4
Number of Unsuccessful Bidders:3
Total Number Awarded:1

Listing of All Bidders/Offerors Considered But Not Selected:
Wells Fargo
Charter One
Source Selection:RFP

Vendor(s) Selected for Award
Vendor NameAmount of Award BEP Goal % DBE Goal %
JP Morgan Chase Bank$630,000.000%0%

Notice Contact
Name: Eugene Oliver
Street Address:325 W. Adams
Zip Code:62704
Phone: 217-558-3356
Fax Number:217-558-3356

Class Code

Class Codes:


NIGP Commodity/Service Code:946 00 FINANCIAL SERVICES - All


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