File #: 24-3292    Version: 1 Name: Proposed Contract Renewal with the Illinois Manufacturing Excellence Center
Type: Contract Amendment Status: Held / Deferred in Committee
File created: 5/17/2024 In control: Finance Committee
On agenda: 6/13/2024 Final action:
Title: PROPOSED CONTRACT AMENDMENT Department(s): Bureau of Economic Development Vendor: Illinois Manufacturing Excellence Center, Peoria, Illinois Request: Authorization for the Chief Procurement Officer to renew and increase contract Good(s) or Service(s): Cook County Manufacturing Reinvented Original Contract Period: 7/1/2022 - 12/31/2024, with two (2), one (1) year renewal options Proposed Amendment Type: Renewal and Increase Proposed Contract Period: Renewal Period 1/1/2025 - 12/31/2026 Total Current Contract Amount Authority: $375,000.00 Original Approval (Board or Procurement): Board 6/16/2022 $375,000.00 Increase Requested: $250,000.00 Previous Board Increase(s): N/A Previous Chief Procurement Officer Increase(s): N/A Previous Board Renewals: N/A Previous Chief Procurement Officer Renewals: N/A Previous Board Extension(s): N/A Previous Chief Procurement Officer Extension(s): N/A Potential Fiscal Impact: FY 2025 $125,000.00; FY 2026 $125,000.00 A...
Indexes: XOCHITL FLORES, Chief, Bureau of Economic Development

title

PROPOSED CONTRACT AMENDMENT

 

Department(s):  Bureau of Economic Development

 

Vendor:  Illinois Manufacturing Excellence Center, Peoria, Illinois

 

Request: Authorization for the Chief Procurement Officer to renew and increase contract 

 

Good(s) or Service(s):  Cook County Manufacturing Reinvented

 

Original Contract Period: 7/1/2022 - 12/31/2024, with two (2), one (1) year renewal options

 

Proposed Amendment Type: Renewal and Increase

 

Proposed Contract Period:  Renewal Period 1/1/2025 - 12/31/2026 

 

Total Current Contract Amount Authority:  $375,000.00

 

Original Approval (Board or Procurement):  Board 6/16/2022 $375,000.00

 

Increase Requested:  $250,000.00

 

Previous Board Increase(s):  N/A

 

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

 

Previous Board Renewals:  N/A

 

Previous Chief Procurement Officer Renewals:  N/A

 

Previous Board Extension(s): N/A

 

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

 

Potential Fiscal Impact:  FY 2025 $125,000.00; FY 2026 $125,000.00

 

Accounts: 11286.1027.62179.520830.00000.00000

 

Contract Number(s):  2207-04281

 

Concurrences:

The contract-specific goal set on this contract was zero.

 

The Chief Procurement Officer concurs.

 

Summary:  This renewal is necessary because it allows BED to expand the Manufacturing Reinvented  program to a larger audience and allows for adequate time to properly spend down the ARPA budget allocation, and continue achieving program goals.

 

This is a Sole Source Procurement pursuant to Section 34-139 of the Cook County Procurement Code. 

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