RFQ250314 - Financial Consulting/Advisory Services

Request for Qualification (RFQ)

RFQ No. 250314

Financial Consulting/Advisory Services

RFQ RELEASE DATE: March 14, 2025

RESPONSE DUE DATE: April 14, 2025*

RESPONSE DUE TIME: 2:30 PM CST*

SUBMIT ALL RESPONSES TO: University of Arkansas System

2404 N. University Ave.

Little Rock, AR 72207

Attn: Terry Fuquay

Director of Administrative Services

Signature Required for Response

The University of Arkansas System (“UA System”) is soliciting statements of qualifications from qualified persons willing to provide the UA System and its component institutions and colleges financial advising and consultation for debt financing. For purposes of this RFQ, a person who submits qualifications in response to this RFQ is a “Respondent.” A Respondent’s submission of a signed statement of qualifications in response to this RFQ indicates the Respondent’s acceptance of the Standard Terms and Conditions of the University of Arkansas System and the specific terms, conditions, and requirements set forth in this RFQ.

Respondent Name:
Mailing Address:
City, State, Zip:
Telephone:
Email:

Authorized Signature: _______________________________________ Date: ______________

Typed/Printed Name of Signor: ________________________________ Title: ______________

*Response submissions for this Request for Qualification is to be delivered to the University of Arkansas System, 2404 North University Avenue, Little Rock, AR 72207, on or before the submission deadline. Responses received after the submission deadline may be rejected as untimely.

RESPONDENT NAME AND RETURN ADDRESS, RFQ NUMBER, AND RESPONSE DUE DATE MUST BE CLEARLY NOTED ON OUTSIDE OF PACKAGE.

I. Overview of the UA System, the Board, and the RFQ

The UA System is governed by the Board of Trustees of the University of Arkansas (the “Board”). The Board is a body politic and corporate, which was created by statute in 1887 and is responsible for operating and managing its various campuses, divisions, and units—collectively referred to as the University of Arkansas System (the University, the System, UAS, or UA System). The UA System has developed a tradition of excellence that includes the State’s 1871 flagship, land-grant research university (the University of Arkansas, Fayetteville); Arkansas’s premier institution for medical education, treatment, and research (the University of Arkansas for Medical Sciences); a major metropolitan university (University of Arkansas at Little Rock); an 1890 land-grant university (the University of Arkansas at Pine Bluff); two regional universities serving southern and western Arkansas (the University of Arkansas at Monticello and the University of Arkansas at Fort Smith); eight community colleges (Batesville, Cossatot, Hope-Texarkana, Morrilton, Phillips, Pulaski Technical, Rich Mountain, East Arkansas); a presidential school; a residential math, sciences, and arts high school; an online-only university; and divisions of agriculture, archeology, and criminal justice. The individual entities of the UA System maintain cooperative strength as well as diverse offerings that exhibit unmatched economic and social impact to the state.

The UA System provides communities in Arkansas with access to academic and professional opportunities, develops intellectual growth and cultural awareness in its students, and provides knowledge and research skills to an ever-changing society. The system enrolls more than 70,000 students, employs over 30,000 individuals, and has a total budget of over $4 billion. An intrinsic part of the texture and fabric of Arkansas, the UA System is a driving force in the state’s economic, educational, and cultural advancement.

The University is seeking a financial advisory firm whose primary practice is focused on the areas set forth hereinafter or firms which have a section addressing these areas. Prior experience in representing public institutions of higher education and their associated medical centers is desirable.

The UA System Office of Finance and Administration, for the benefit of the UA System and as authorized by the Board, has issued this RFQ seeking statements of qualifications from Respondents qualified and willing to serve as financial adviser for the UA System, as needed and from time to time, in connection with consultation on financial and operational trends impacting institutions of higher education. The Financial Adviser will be expected to assist the University in critical issues facing its institutions of higher education and associated medical center. The Financial Adviser will be expected to provide advice and consultation concerning, but not limited to, the following: debt financing, financial analysis and modeling, credit rating advisory services and alternative financing solutions. In evaluating responses, the evaluators will consider the qualifications of the Respondents to provide the following services:

(1) Assist the University in an analysis of overall debt capacity to facilitate the prioritization of future projects for bond financing;

(2) Provide ongoing evaluation of market opportunities for debt refinancing and optimizing debt portfolio;

(3) Provide recommendations for optimal liquidity and related solutions which align with institutional needs;

(4) Provide financial modeling and analysis for capital initiatives;

(5) Provide analysis, recommendation and negotiation support for alternative and/or unique financing strategies such as public-private partnerships;

(6) Participate in and advise the University during the evaluation of underwriter’s proposals and selection of an underwriter;

(7) Present recommendations as to the most optimal structure and appropriate terms and conditions to be utilized in connection with debt sale to achieve the lowest possible interest cost to the University;

(8) Prepare materials for, and make presentations to rating agencies, and/or bond insurers to secure the most favorable rating(s) for the issue. Presentations to the rating agencies and/or bond insurers will be made in conjunction with University designated officials;

(9) Review the marketing plan for the funding debt, as proposed by the underwriter;

(10) Compare bond sales, trading activity, and bond indices in order to evaluate the bond pricing and make recommendations in this regard;

(11) Participate in the development of necessary documentation to include, but not necessarily be limited to, details of any future proposed refunding, such as maturity schedule, redemption schedule, redemption features, interest rates, basic security provisions, and other covenants.

(12) Provide education/education materials to leadership and Board of Trustees, as needed

Respondents must be an independent registered municipal advisor (IRMA) with the SEC and MSRB to provide advice. In accordance with the SEC Municipal Advisor Rule, the selected Financial Adviser, and her or his firm, will be excluded from those firms considered for any underwriting award by the University.

Statements of qualifications will be evaluated based on: (1) the specialized experience and technical competence of the Respondent with respect to the type of professional services required; (2) the capacity and capability of the Respondent to perform the work in question, including specialized services, within any time limitations identified; (3) the Respondent’s past record of performance with respect to such factors as control of costs, quality of work, and ability to meet schedules and deadlines; and (4) the Respondent’s proximity to and familiarity with the area in which a particular project may be located.

Instead of selecting one firm, the UA System may evaluate and use the responses to this RFQ to establish a pool of qualified Respondents, any one of which could be selected by the UA System Office of Finance and Administration for a particular matter to serve as adviser as the need may arise based on the Respondent’s statement of qualifications and the precise nature of the matter. The final selections may require presentations and interviews with selected respondent firms. When the University requires advising services for a specific matter, a fee negotiation will ensue with one or more of the firms selected. Should a successful negotiation not be attained within limits deemed reasonable by the University, negotiations will be undertaken with other firms within the established pool. By responding to this RFQ, the respondent acknowledges that any engagement will be subject to the University’s standard terms and conditions at Procurement - University of Arkansas System (uasys.edu).

Respondents are requested to provide information regarding expertise in the areas indicated, including the names of advisors who would be providing services. Biographical and other data showing experience of advisors and firms is desirable. Respondents that can give examples of successful advising of clients with characteristics similar to those of the UA System are likely to be preferred.

Responses: Responses must demonstrate an understanding of the subject matter area and the ability to accomplish the tasks set forth and must include information that will enable the evaluators to determine the Respondent’s overall qualification based on the RFQ’s evaluation criteria, which are listed in detail in Attachment A: Statement of Qualification.

Respondents must include with their response any exceptions they may wish to take to the RFQ terms, conditions, or requirements. Any such exception noted in a responsive statement of qualifications provides the UA System with grounds to reject that statement of qualifications from an otherwise qualified Respondent.

All Elements Valued/Negotiation Right Reserved: The UA System places a value on all elements of this RFQ. As such, after evaluation of proposals and selection of the Respondents, the UA System reserves the right to further negotiate with the selected Respondent(s) on any or all elements.

Basis of Award: Attachment A: Statement of Qualification (SOQ) will be evaluated based on each firm’s qualification and relevant experience with similar work. All responsive SOQ’s will be evaluated by the UA System Selection Committee.

Evaluation and Acceptance of Statement of Qualification: The UA System reserves the right to reject any and all SOQ’s, to amend the RFQ and the RFQ process, and to discontinue or re-open the process at any time without recourse of liability to any Respondent.

II. PROJECTED TIMELINE

The following schedule will apply to this RFQ, but may change in accordance with the University’s needs:

March 14, 2025 RFQ released

March 26, 2025 5:00 PM CST - Last date/time UA System will accept questions

April 2, 2025 Answers to Questions Posted on HogBid Website

April 14, 2025 2:30 PM CST Response Due Date

Week of May 5, 2025 Respondent Presentations (if necessary)

May 2025 Notice of Qualification

TBD* Project specific contract negotiations begin (upon notice of qualification)

UA RFQ Point of Contact / Proper Channels: This RFQ is issued by the University of Arkansas System Office. The UA System Purchasing Official is the sole point of contact during this process. Only written communication is considered formal and can be supported throughout this process. Respondents or people acting on their behalf may not contact members of the Evaluation Committee, other UA staff, UA officers, or members of the Board regarding this RFQ until the Board has made a final decision regarding the award of any contract. A Respondent who violates this restriction may be disqualified from further consideration.

Respondent Questions and Addenda: Respondent questions concerning all matters of this RFQ should be sent via email to:

Terry Fuquay

Director of Administrative Services

University of Arkansas System

Email: tfuquay@uasys.edu

All responses must be submitted in a sealed envelope with the RFQ number clearly visible on the OUTSIDE of the envelope/package. No responsibility will be attached to any person for the premature opening of a response not properly identified.

Respondents must submit one (1) signed original hard copy and two (2) soft copies of their response (i.e., USB flash drive). The soft copies on the USBs must match the original hard copy.

The USBs must be labeled with respondent’s name and the RFQ Number, readable by UAS, with the documents in Microsoft Windows versions of Microsoft Word, Microsoft Excel, Microsoft Visio, Microsoft PowerPoint, or Adobe PDF formats. Other formats are acceptable if that format’s viewer is also included, or a pointer is provided for downloading it from the Internet. Responses must be received at the following location prior to the time and date specified within the projected timeline of this RFQ:

University of Arkansas System

2404 N. University Ave.

Little Rock, AR 72207

Attention: Terry Fuquay

Additional Redacted Copy

Proprietary information submitted in response to this RFQ will be processed in accordance with applicable State of Arkansas procurement law. Documents pertaining to the RFQ become the property of the UA System and shall be open to public inspection after a notice of qualification is issued.

It is the responsibility of respondent to identify all proprietary information included in its response. Respondent should submit one (1) separate electronic copy of the response from which any proprietary information has been removed, i.e., a redacted copy (marked “REDACTED COPY”).  The redacted copy shall reflect the same pagination as the original, show the empty space from which information was redacted, and submitted on a USB flash drive, preferably in a PDF format. Except for the redacted information, the redacted copy must be identical to the original hard copy submitted for the response to be considered.  Respondent is responsible for ensuring the redacted copy on a flash drive is protected against restoration of redacted data.  The redacted copy may be open to public inspection under the Freedom of Information Act (“FOIA”) without further notice to respondent after a notice of qualification is issued. If during a subsequent review process the University determines that specific information redacted by the respondent is subject to disclosure under FOIA, the respondent will be contacted prior to release of the information.

Respondents may deliver their responses either by hand or through U.S. Mail or other available courier services to the address shown above. Include the RFQ name and number on the outside of each package and/or correspondence related to this RFQ. No call-in, emailed, or faxed responses will be accepted. Respondent remains solely responsible for ensuring that its response is received at the time, date, and location specified. UA System assumes no responsibility for any response not so received, regardless of whether the delay is caused by the U.S. Postal Service, University postal delivery system, or some other act or circumstance. Responses received after the time specified in this RFQ may not be considered. Responses received after the specified time may be returned unopened.

III. GENERAL REQUIREMENTS OF ALL RESPONDENTS

If Respondent is awarded a contract as a result of this RFQ, it shall be a “Contractor.”

Company’s Employees and Agents: Contractor shall be responsible for the acts of its employees and agents while performing services pursuant to the Agreement. Accordingly, Contractor agrees to take all necessary measures to prevent injury and loss to persons or property while on UA System premises.

Company’s Expense: Contractor, at its expense, shall furnish all products, labor, tools, supplies, transportation, insurance, permits, and professional licenses necessary for Contractor to fully perform all aspects of this RFQ.

Disputes: Contractor and the UA System agree that they will attempt to resolve any disputes in good faith. Contractor and the UA System agree that the State of Arkansas shall be the sole and exclusive jurisdiction and venue for any litigation or proceeding that may arise out of or in connection with any contract. Respondent acknowledges, understands, and agrees that any claims, demands, suits, or actions for damages against the Board and/or the UA System may only be initiated and pursued in the Arkansas State Claims Commission, if at all. Under no circumstances does the Board or the UA System agree to binding mediation or arbitration of any disputes or to the payment of attorney fees, court costs or litigation expenses.

Conditions of Contract: Contractor shall at all times observe and comply with federal and Arkansas State laws, local laws, ordinances, orders, and regulations existing at the time of or enacted subsequent to the execution of the contract which in any manner affect the completion of work. Contractor shall indemnify and hold harmless the UA System and all its trustees, officers, employees, volunteers, students, and agents against any claim or liability arising from or based upon the violation of any such law, ordinance, regulation, order or decree by an employee, representative, or subcontractor of contractor.

To the extent contractor shall have access to, store or receive student education records, contractor agrees to abide by the limitations on use and re-disclosure of such records set forth in the Family Educational Rights and Privacy Act (FERPA), 20 U.S.C. § 1232g, and 34 CFR Part 99. Contractor agrees to hold student record information in strict confidence and shall not use or disclose such information except as authorized in writing by the UA System or as required by law. Contractor agrees not to use the information for any purpose other than the purpose for which the disclosure was made. Upon termination, Contractor shall return all student education record information or provide evidence that it was destroyed within thirty (30) days.

Reservation: This RFQ does not commit the UA System to award a contract, to pay costs incurred in the preparation of a response, or to procure or contract for services. The UA System reserves the right to accept or reject (in its entirety), any response received as a result of this RFQ, if it is in the best interest of the UA System to do so. In responding to this RFQ, respondents recognize that UA System may make an award to a primary Respondent; however, UA System reserves the right to purchase like and similar services from other agencies as necessary to meet operational requirements.

Governing Law: This RFQ, any resulting contract and all performance thereunder, transactions and subsequent amendments between respondent(s) or contractor(s) and UA System shall be governed and construed in all aspects in accordance with the laws of the State of Arkansas without regard to its choice of law principles (including without limitation any and all disputes, claims, counterclaims, causes of action, suits, rights, remedies, promises, obligations, demands, and/or defenses related thereto that may be asserted by either party). The parties agree that the State of Arkansas shall be the sole and exclusive venue and jurisdiction for any litigation or proceeding that may arise out of or in connection with this RFQ or any contract with UAS. The parties waive any objection to the laying of jurisdiction and venue of any claim, action, suit or proceeding arising out of the contract or any transaction contemplated hereby, in the State of Arkansas, and hereby further waive and agree not to plead or assert that any claim, action, suit or proceeding has been brought in an inconvenient forum. Nothing contained herein shall be deemed or construed as a waiver of any immunities to suit available to the UA System or its trustees, officials, employees and representatives. In no event shall the UA System or any of its current and former trustees, officials, representatives and employees (in their official or individual capacities) be liable to respondent(s) or contractor(s) for special, indirect, punitive, or consequential damages, attorneys’ fees or costs or any damages constituting lost profits or lost business opportunities.

Disclosure:

Contract and Grant Disclosure and Certification Form

Disclosure is a condition precedent to any resulting contract and the UA System cannot enter into any contract for which disclosure is not made. Arkansas’s Executive Order 98-04 requires all potential contractors disclose whether the individual or anyone who owns or controls the business is a member of the Arkansas General Assembly, constitutional officer, state board or commission member, state employee, or the spouse or family member of any of these. If this applies to respondent’s business, respondent must state so in writing.

Respondent Conflict of Interest Form

If respondent has an actual or perceived existing conflict of interest, respondent shall complete the Conflict of Interest Form and submit with its response. It is the responsibility of respondent desiring to be considered for an award to complete and return this form, along with the Contract and Grant Disclosure and Certification Form. The purpose of these forms is to give respondent an opportunity to disclose any actual or perceived conflicts of interest. The forms can be found in Attachment B. The determination of the UA System regarding any questions of conflict of interest shall be final.

Confidentiality and Publicity: From the date of issuance of the RFQ until the opening date, the respondent must not make available or discuss its response, or any part thereof, with any trustee, official, employee or agent of UAS. Respondent is hereby warned that any part of its response or any other material marked as confidential, proprietary, or trade secret, can only be protected to the extent permitted by law. All material submitted in response to this RFQ becomes the property of UAS.

News release(s) by a respondent pertaining to this RFQ or any portion of the project shall not be made without prior written approval of the UA System Purchasing Official. Failure to comply with this requirement is deemed to be a valid reason for disqualification of respondent’s response. The UA System Purchasing Official will not initiate any publicity relating to this procurement action before the contract award is completed.

Employees of contractor may have access to records and information about UA System processes, employees, including proprietary information, trade secrets, and intellectual property to which UA System holds rights. Contractor agrees to keep all such information strictly confidential and to refrain from discussing this information with anyone else without written authorization from an authorized official of UAS.

Respondent Presentations: The UA System reserves the right to, but is not obligated to, request and require that final contenders determined by the Evaluation Committee provide a formal presentation of their response at a date and time to be determined.

Force Majeure: Neither party will be liable for losses, defaults or damages which result from delays in performing, or inability to perform, all or any of the obligations or responsibilities imposed upon it in any Agreement resulting from this RFQ because of acts of God, the public enemy, acts of government, earthquakes, floods, typhoon, civil strife, fire, or other causes beyond the reasonable contract of the party so delayed in or so unable to perform provided that such party was not negligent and shall have used reasonable efforts to avoid and overcome such cause. Such party will resume full performance of such obligations and responsibilities promptly upon removal of any such cause.

Funding Out Clause: If, in the sole discretion of the UA System, funds are not allocated to continue a contract, or any activities related herewith, in any future period, the UA System will not be obligated to pay any further charges for services, beyond the end of the then current period. Contractor will be notified of such non-allocation at the earliest possible time. No penalty shall accrue in the event this section is exercised. This section shall not be construed to permit UA System to terminate a contract awarded to acquire similar services from a third party.

Indicia: Respondents acknowledge and agree that UA System owns the rights to its name and its other names, symbols, designs, and colors, including without limitation, the trademarks, service marks, designs, team names, facilities images, uniforms, nicknames, abbreviations, city/state names in the appropriate context, slogans, logo graphics, mascots, seals, color schemes, trade dress, and other symbols associated with or referring to UA System that are adopted and used or approved for use by UA System and that each of the Indicia is valid. Neither any respondent nor contractor shall have any right to use any of the Indicia, derivative, or any similar mark as, or a part of, a trademark, service mark, trade name, fictitious name, domain name, company or corporate name, a commercial or business activity, or advertising or endorsements anywhere in the world without the express prior written consent of an authorized representative of UAS. Any domain name, trademark or service mark registration obtained or applied for that contains the Indicia or any similar mark upon request shall be assigned or transferred to the UA System or its Board of Trustees without compensation.

Formation of a Contract: Successful Respondent(s) may be required to enter into a Professional Services Contract that will require legislative review prior to any work conducted. See the following link for reference: https://www.transform.ar.gov/wp-content/uploads/Services-Contract-SRV-1-Fillable-Form-V.3.6.27.22.pdf. (Additional processing time must be allotted if the subsequent contract is subject to this requirement).

Permits/Licenses and Compliance: If Respondent is awarded a contract as a result of this RFQ, it covenants and agree that it shall, at its sole expense, procure and keep in effect all necessary permits and licenses required for its performance of obligations under this RFQ, and shall post or display in a prominent place such permits and/or notices as required by law. Contractor is responsible for compliance with all applicable laws and regulations, including but not limited to, OSHA requirements as well as any Fair Labor Standards Act requirements pertaining to compensation of contractors’ employees or subcontractor, if any, working on the project; further, upon request, contractor shall provide copies of all such permits or licenses to UAS.

Prohibition Against Boycotting Israel: In accordance with Ark. Code Ann. § 19-11-105, respondent certifies to the UA System that respondent does not knowingly employ, or contract with, illegal immigrants.

Restriction of Boycott of Energy, Fossil Fuels, Firearms and Ammunitions Industries: In accordance with Ark. Code Ann. § 25-1-1102, respondent certifies to UA System that respondent: (a) is not currently engaged in a boycott of the energy, fossil fuel, firearms and ammunition industries; and (b) agrees for the duration of any contract not to engage in a boycott of the energy, fossil fuel, firearms or ammunition industries. The preceding does not apply to: (i) a financial services provider as defined at Ark. Code Ann. § 25-1-1001(8)(A); (ii) an agreement with a total potential value of less than $75,000; or (iii) a contract under which the contractor’s price for the goods or services is at least 20% less than the lowest certifying business.

Certification of Non-Scrutinized Company: In accordance with Ark. Code Ann. § 25-1-1203, respondent certifies that the government of the People’s Republic of China (“PRC”) does not wholly own the respondent or hold a majority interest in the respondent. Respondent further certifies that the PRC does not own or hold a majority interest in a for-profit parent company, subsidiary or affiliate of bidder, or in a subcontractor to be employed by respondent.

According to Ark. Code Ann. § 4-27-1501 and OSP Rule R4:19-11-217, A foreign corporation may not transact business in Arkansas until it obtains a certificate of authority from the Secretary of State.

The University may make any decision or take any action that it, in its sole discretion, deems appropriate to comply with Act 1020 of 2021, the Transparency in Foreign Investment Act (Ark. Code Ann. § 6-60-1201 et seq.).

Indemnification and Insurance: Successful Respondent(s) agree to maintain malpractice insurance, at their sole expense, in the minimum amount of $500,000 per claim for an occurrence during the term of any resulting contract for representation.  Proof of insurance must be included in the response.

Performance Standards: Contractor acknowledges that the use of performance-based standards on any resultant contract by UA System are required pursuant to Arkansas Code Annotated § 19-11-267. Contractor shall provide prompt, responsive, courteous, and high-quality services in the performance of its obligations under this RFQ and any resulting contract with UAS. Contractor acknowledges that the services provided to UA System are to be of high quality and rendered in a timely and professional manner.  Contractor represents and warrants that it will provide the services related to any resulting contract in a manner consistent with industry standards. Contractor recognizes that failure to perform hereunder may cause UA System financial or reputational harm or damages or require it to acquire replacement services on short notice.  Therefore, any failure to provide the agreed upon services to UA System in the manner specified or for the duration required hereunder shall constitute a breach of any contract between Contractor and UA System subject to termination. 

ATTACHMENT A: STATEMENT OF QUALIFICATION

REQUIRED INFORMATION AND FORMAT

To be considered for selection, the Company/Firm shall submit the following Statement of Qualification (SOQ), and using as a minimum the following criteria, the individual or firm(s) should state why it believes it is qualified to provide the services requested in this RFQ.

Please Note - In evaluating the qualification of each proposer, the following will be considered:

1. The specialized experience and technical competence of the individual(s), and firm(s) with respect to the type of professional services required;

2. The capacity and capability of the firm to perform the work in question, including specialized services;

3. The past record of performance with respect to such factors as quality of work, ability to meet schedules, deadlines, and control of costs.

4. The firm’s proximity to and familiarity with the area in which the services are to be provided.

1. Letter of Introduction

A. Provide a letter of introduction signed by an authorized officer of the Company/Firm.

B. If submitting as a partnership, the Company/Firm must note which group is the prime consultant or lead partner (if applicable).

C. Note the individual leading the legal services team.

2. Firm Information

A. Company/Firm information and structure, to include administrative organization and support structure.

B. Certification that the firm is legally permitted or licensed to conduct business in the State of Arkansas for the services offered and the experience of the service providers, including, without limitation, any specialized training.

C. Number of years the Company/Firm has been in business.

D. Location of principal office that will be responsible for the implementation of this contract.

E. Names and bios for the key providers that will be assigned to the University.

F. Detailed information describing the manner in which the respondent plans to discharge its responsibilities, including details of the staffing plan for all operations with an organizational chart describing the proposed organizational structure. Clearly identify any service that your firm will not be able to provide.

G. Provide a list of at least 3 references for organizations that your firm provides services that are similar in size and scope. Include name of organization/institution, name of contact, job title, addresses, and all phone numbers.

3. Project Team Qualifications

A. Identify the employees and any other relevant information for this proposal. List names, license numbers and dates, as well as business address, phone numbers and fax numbers of the individuals.

B. Include resumes and related experiences for all appropriate individuals.

4. Firm Resources

A. Provide a statement demonstrating your Company’s/Firm’s ability to accomplish the scope of services. Clearly identify any service that your firm will not be able to provide.

B. Explain the Company/Firm capabilities as they relate to:

1. Experience and recognition in this discipline

2. Integration of flexibility and future technology

ATTACHMENT B: FORMS

1. Conflict of Interest Form

See page 11 of this RFQ

2. Contract and Grant Disclosure and Certification Form

This form can be found at the following link:

https://www.transform.ar.gov/wp-content/uploads/2020/04/contgrantform.pdf

3. Combined Certifications for Contracting with the State of Arkansas

See page 12 of this RFQ

CONFLICT OF INTEREST FORM

For any Request for Qualification (“RFQ”) that requires the submission of this form, it is the responsibility of a respondent desiring to be considered for an award to complete and return this form, along with the Contract and Grant Disclosure and Certification Form (together the “Forms”), on or prior to the date stated in the RFQ for submission of these Forms. The purpose of these Forms is to give respondents an opportunity to disclose any actual or perceived conflicts of interest. The determination of the University of Arkansas System (“University”) regarding any questions of conflict of interest shall be final.

A disclosure does not automatically result in the respondent being removed from consideration. However, the University reserves the right, at the sole discretion of the University, to take any or all of the following actions at any point in the RFQ process: (i) request further information from the respondent, including but not limited to lines of business activity, ownership structure and affiliate information; (ii) a review of potential or actual conflicts of interest; and/or (iii) remove a respondent from consideration.

A conflict of interest may exist in circumstances including, but not limited to, when (i) a respondent is unable or potentially unable to provide impartial contract performance due to competing duties or loyalties; (ii) a respondent's objectivity in carrying out the contract is or might be otherwise impaired due to competing duties or loyalties; (iii) a respondent or any of its affiliates is in direct or indirect competition with the University; and/or (iv) a respondent or any of its affiliates provides significant services or support for any direct or indirect competitor to the University. For purposes of this Form, an “affiliate” is defined as an entity that directly or indirectly controls, is directly or indirectly controlled by, or is under common control with the respondent or has at least one common owner or shareholder with the respondent.

Each respondent must provide a list of all business activity and affiliates that may create any actual or potential conflict of interest in relation to this procurement. The list should indicate the name of the entity, the relationship, and a description of the conflict. Please use the chart below and attach additional pages as necessary.

Failure to disclose complete and accurate information may disqualify the respondent.

Name	Relationship	Description

I certify under penalty of perjury, to the best of my knowledge and belief, all of the above information is true and complete and that I agree to supplement this information if any further conflicts of interest arise or come to my attention.

Signature Title

Name Date

Contact Person Title

Phone Number Email Address

COMBINED CERTIFICATIONS FOR CONTRACTING WITH THE STATE OF ARKANSAS

Pursuant to Arkansas law, a vendor must certify as specified below and as designated by the applicable laws.

1. Israel Boycott Restriction: For contracts valued at $1,000 or greater.

A public entity shall not contract with a person or company (the “Contractor”) unless the Contractor certifies in writing that the Contractor is not currently engaged in a boycott of Israel. If at any time after signing this certification the Contractor decides to boycott Israel, the Contractor must notify the contracting public entity in writing. See Arkansas Code Annotated § 25-1-503.

2. Illegal Immigrant Restriction: For contracts valued at $25,000 or greater.

No state agency may contract for services with a Contractor who knowingly employs or contracts with an illegal immigrant. The Contractor shall certify that it does not knowingly employ, or contract with, illegal immigrants. See Arkansas Code Annotated § 19-11-105.

3. Energy, Fossil Fuel, Firearms, and Ammunition Industries Boycott Restriction: For contracts valued at $75,000 or greater.

A public entity shall not contract unless the contract includes a written certification that the Contractor is not currently engaged in and agrees not to engage in, a boycott of an Energy, Fossil Fuel, Firearms, or Ammunition Industry for the duration of the contract. See Arkansas Code Annotated § 25-1-1102.

4. Scrutinized Company Restriction: Required with bid or proposal submission.

A state agency shall not contract with a Scrutinized Company or a company that employs a Scrutinized Company as a subcontractor. A Scrutinized Company is a company owned in whole or with a majority ownership by the government of the People's Republic of China. A state agency shall require a company that submits a bid or proposal for a contract to certify that it is not a Scrutinized Company and does not employ a Scrutinized Company as a subcontractor. See Arkansas Code Annotated § 25-1-1203.

By signing this form, the Contractor agrees and certifies they are not a Scrutinized Company and they do not currently and shall not for the aggregate term a resultant contract:

• Boycott Israel.

• Knowingly employ or contract with illegal immigrants.

• Boycott Energy, Fossil Fuel, Firearms, or Ammunition Industries.

• Employ a Scrutinized Company as a subcontractor.

Contract Number: ______________ Description: _____________________________________________

Agency Name: University of Arkansas

Vendor Number: ________________ Vendor Name: __________________________________________

__________________________________________ ________________________________

Vendor Signature Date