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PROPOSED CONTRACT AMENDMENT
Department(s): Risk Management and Bureau of Human Resources
Vendor: PricewaterhouseCoopers, LLP (PwC), Chicago, Illinois
Request: Authorization for the Chief Procurement Officer to renew and increase contract
Good(s) or Service(s): Health & Group Benefits Consulting Services
Original Contract Period: 8/1/2014 - 7/31/2017 with two (2) one-year renewals.
Proposed Contract Period Extension: 8/1/2017 - 7/31/2018
Total Current Contract Amount Authority: $1,704,332.48: Category 1 (Risk Management) - $1,063,050, Category 2 (Human Resources) - $641,282.48
Original Approval (Board or Procurement): 7/23/2014, $1,704,332.48
Previous Board Increase(s) or Extension(s): N/A
Previous Chief Procurement Officer Increase(s) or Extension(s): N/A
This Increase Requested: $300,000.00
Potential Fiscal Impact: FY 2018 - $300,000.00
Accounts: 490-260
Contract Number(s): 1430-13181
Concurrences:
The vendor has met the Minority-and Women-owned Business Enterprise Ordinance via direct participation and partial MBE/WBE waiver.
The Chief Procurement Officer concurs.
Summary: This increase and first of two (2) one (1) year renewal options will allow Risk Management to continue to access actuarial and consulting services related to group health benefits strategy and related regulatory matters. PwC also supports benefit vendor procurements within the Department of Risk Management.
This contract was awarded through a Request for Proposal (RFP) process in accordance with the Cook County Procurement Code. PwC was awarded based on established evaluation criteria.
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