https://cook-county.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=6362332&GUID=EC11C560-E660-4817-B572-E49F192B6E7DLegistar15https://cook-county.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=6362332&GUID=EC11C560-E660-4817-B572-E49F192B6E7DEC11C560-E660-4817-B572-E49F192B6E7D-2023-10-25-21-55-35Title: PROPOSED CONTRACT Department(s): Risk Management Vendor: CaremarkPCS Health, LLC, Northbrook, Illinois Request: Authorization for the Chief Procurement Officer to enter into and execute Good(s) or Service(s): Pharmacy Benefits Management Services Contract Value: $356,037,000.00 Contract period: 12/1/2023 - 11/30/2026, with (2) two (2) two-year renewal options Potential Fiscal Year Budget Impact: FY 2023 $118,679,000.00, FY 2024 $118,679,000.00, FY 2025 $118,679,000.00 Accounts: 11250.1021.10155.501715 Contract Number(s): 2205-08290B Concurrences: The vendor has met the Minority- and Women-owned Business Enterprise Ordinance via direct participation. The Chief Procurement Officer concurs. Summary: This contract will allow Cook County Department of Risk Management to provide Pharmacy Benefits Management Services for all eligible employees. The Department of Risk Management respectfully submits this item requesting authorization for the Chief Procurement Officer to award a contract to CaremarkPCS Health, LLC (CVS Health) to provide PresWed, 25 Oct 2023 21:55:35 GMT