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PROPOSED CONTRACT
Department(s): Office of the Chief Procurement Officer
Vendor: Peralta Garcia Solutions, Chicago, Illinois
Request: Authorization for the Chief Procurement Officer to enter into and execute
Good(s) or Service(s): Reverse Auction Services
Contract Value: Fees are vendor funded; $0.00
Contract period: 10/1/2015 - 9/30/2016, with two (2) one (1)-year renewal options
Potential Fiscal Year Budget Impact: N/A
Accounts: N/A
Contract Number(s): 1453-14267
Concurrences:
The vendor has met the Minority and Women Owned Business Enterprise Ordinance.
The Chief Procurement Officer concurs.
Summary: Peralta Garcia Solutions will provide Reverse Auction Services for Cook County bids strategically identified by the Bureau of Finance in collaboration with User Agencies. This contract will allow the County to utilize a web based platform which allows multiple suppliers to bid against one another electronically. This is a tool which increases competition and decreases the costs of goods and services
All fees will be vendor funded, with no cost to the County. Peralta Garcia will be charge one percent (1%) fee to a winning bidder for each reverse auction, with not to exceed fee amount of $50,000.00 per bid award.
This is a comparable Government Procurement pursuant to Section 34-140 of the Cook County Procurement Code. Peralta Garcia Solutions was previously awarded a contract by the Chicago Park District through a competitive Request for Proposal process. Cook County wishes to leverage this procurement effort
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