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PROPOSED CONTRACT AMENDMENT
Department(s): Risk Management
Vendor: Wage Works, Inc., San Mateo, California
Request: Authorization for the Chief Procurement Officer to renew contract
Good(s) or Service(s): Transit Benefits Administration
Original Contract Period: 9/18/2013 - 9/17/2016, with two (2) one (1) year options for renewal.
Proposed Contract Period Extension: 9/18/2016 - 9/17/2017
Total Current Contract Amount Authority: Revenue Neutral
Original Approval (Board or Procurement): 9/18/2013
Previous Board Increase(s) or Extension(s): N/A
Previous Chief Procurement Officer Increase(s) or Extension(s): N/A
This Increase Requested: N/A
Potential Fiscal Impact: N/A
Accounts: 490-827
Contract Number(s): 12-23-123
Concurrences:
The vendor has met the Minority- and Women-owned Business Enterprise Ordinance via direct participation and partial MWBE waiver.
The Chief Procurement Officer concurs
Summary: The Department of Risk Management is requesting authorization for the Chief Procurement Officer to exercise an amendment for the continued administration of a Commuter (Transit) Spending Account. Employees are eligible to participate in the pre-tax payroll deduction through a monthly enrollment administered directly by WageWorks. Participating employees are required to pay the administrative fee for participation in the transit program, with no cost to the County.
This contract was awarded through Request for Proposals (RFP) procedures in accordance with Cook County Procurement Code. Wage Works was selected based on established evaluation criteria.
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