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PROPOSED CONTRACT
Department(s): Department of Facilities Management
Vendor: Palm Electric Motor Repair Inc., Chicago, Illinois
Request: Authorization for the Chief Procurement Officer to enter into and execute
Good(s) or Service(s): New and Replacement Electric Motors, Pumps, and Air Compressors
Contract Value: $2,500,000.00
Contract period: 10/15/2023 - 10/14/2026 with two (2), one (1) year renewal options
Potential Fiscal Year Budget Impact: FY 2023 $69,445.00, FY 2024 $833,340.00, FY2025 $833,340.00, FY2026 $763,875.00
Accounts: 11100.1200.12355.530175
Contract Number(s): 2302-03205
Concurrences:
The Contract Specific Goal set on this Contract is Zero.
The Chief Procurement Officer concurs.
Summary: This contract will allow the Department of Facilities Management to receive new and replacement electric motors, pumps, and air compressors at various facilities.
The vendor was selected pursuant to a publicly advertised Invitation for Bids (IFB) in accordance with the Cook County Procurement Code. Palm Electric Motor Repair Inc. was the lowest, responsive, and responsible bidder.
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