Agency Office of Higher Education

Contractor Avant Strategic Partners LP

SWIFT Contract Number 143995

Project Name Arbitrage Rebate and excess yield compliance calculation services

Project Number (if applicable) {Empty}

Summarize purpose of the contract, including why it was necessary: Required by the IRS, need for arbitrage rebate and excess yeild compliance calculation services.

Project Duration

Start Date Wed, 08/01/2018 - 00:00

Original end date Fri, 07/31/2020 - 00:00

Actual end date Mon, 07/31/2023 - 00:00

Did project finish on time? Yes

Total billable hours utilized (if applicable) {Empty}

Contract Amounts

Original contract: $90000

Amendments $4000

Contract total $94000

Did project finish within budget? Yes

What was the funding source? 8300 E608000

Is this a sole source contract? No

If this was a single source contract, explain why the agency determined there was only a single source for the services (if applicable) {Empty}

Evaluator Name Poawit Yang

Evaluator Email Address poawit.yang@state.mn.us

Evaluate the contractor's timeliness Avant was able to perform all services within the timeframe agreed upon in the contract.

Evaluate the contractor's quality AVANT is a recoginized expert in the Student Loan space, OHE was able to rely upon their considerable knowledge in the preparation of our Arbitrage and Excess yield calculations.

Evaluate the contractor's cost Cost is comparable or below market pricing.

Evaluate the contractor's overall performance AVANT performed services satisfactorily. Teresa was responsive, flexible and provided considerable knowledge.

Would you engage the contractor's services again? Yes

Describe any negative action taken during the duration of this contract (i.e., termination, pursuit of suspension, etc.): None

Please rate the overall experience with the contractor 5 - very satisfied