File #: 19-3968    Version: 1 Name: PNC Bank, National Association, Pittsburgh, Pennsylvania
Type: Contract Amendment Status: Approved
File created: 6/5/2019 In control: Board of Commissioners
On agenda: 7/25/2019 Final action: 7/25/2019
Title: PROPOSED CONTRACT AMENDMENT Department(s): Bureau of Finance, Office of the Comptroller Vendor: PNC Bank, National Association, Pittsburgh, Pennsylvania Request: Authorization for the Chief Procurement Officer to extend contract Good(s) or Service(s): Electronic Payment Card Services Original Contract Period: 8/1/2014 - 7/31/2017, with two (2) one (1) year renewal options Proposed Contract Period Extension: 8/1/2019 - 1/31/2020 Total Current Contract Amount Authority: $0.00 Original Approval (Board or Procurement): 7/23/2014, $0 Previous Board Increase(s) or Extension(s): 7/19/2017, $0; 7/25/2018, $0 Previous Chief Procurement Officer Increase(s) or Extension(s): N/A This Increase Requested: N/A Potential Fiscal Impact: Revenue Generating Accounts: N/A Contract Number(s): 1488-13855 Concurrences: The vendor has met the Minority-and Women-Owned Business Enterprise Ordinance via full MWBE waiver. The Chief Procurement Officer concurs. Summary:...
Indexes: (Inactive) LAWRENCE WILSON, County Comptroller

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PROPOSED CONTRACT AMENDMENT

 

Department(s):  Bureau of Finance, Office of the Comptroller 

 

Vendor:  PNC Bank, National Association, Pittsburgh, Pennsylvania 

 

Request: Authorization for the Chief Procurement Officer to extend contract 

 

Good(s) or Service(s):  Electronic Payment Card Services 

 

Original Contract Period:  8/1/2014 - 7/31/2017, with two (2) one (1) year renewal options 

 

Proposed Contract Period Extension:  8/1/2019 - 1/31/2020

 

Total Current Contract Amount Authority:  $0.00

 

Original Approval (Board or Procurement):  7/23/2014, $0

 

Previous Board Increase(s) or Extension(s):  7/19/2017, $0; 7/25/2018, $0

 

Previous Chief Procurement Officer Increase(s) or Extension(s):  N/A

 

This Increase Requested:  N/A

 

Potential Fiscal Impact:  Revenue Generating

 

Accounts:  N/A

 

Contract Number(s):  1488-13855

 

Concurrences:

The vendor has met the Minority-and Women-Owned Business Enterprise Ordinance via full MWBE waiver.

 

The Chief Procurement Officer concurs.

 

Summary: This six (6) month extension will allow the County Comptroller to continue to use PNC Bank’s Active Pay Program for electronic payment card services while a new contract is put in place. Revenues generated as a result of this contract in FY18 were $369,000 and FY19 revenues are projected to stay at the same level.

 

This was previously awarded as a Comparable Government Procurement pursuant to Section 34-140 of the Cook County Procurement Code. PNC Bank was previously awarded a contract by the Chicago Board of Education through a Request for Proposals (RFP) process.

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