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PROPOSED CONTRACT (TECHNOLOGY)
Department(s): Bureau of Technology
Vendor: Tyler Technologies, Inc., Moraine, Ohio
Request: Authorization for the Chief Procurement Officer to enter into and execute contract
Good(s) or Service(s): Integrated Property Tax and Mass Appraisal System Implementation and Software
Contract Value: $29,951,735.00
Contract period: 9/30/2015 - 3/31/2023 with three (3), three (3) year renewal options
Potential Fiscal Year Budget Impact: FY 2015 $8,347,143.00, FY 2016 $2,974,095.00, FY 2017 $4,882,516.00, FY 2018 $5,159,176.00, FY 2019 $4,627,776.00, FY 2020 $2,159,757.80, FY 2021 $1,801,271.20.
Accounts: 545-260
Contract Number(s): 1490-13787
Concurrence(s):
The vendor has met the Minority and Women Owned Business Enterprises Ordinance.
The Chief Procurement Officer concurs.
Summary: In collaboration with the Cook County Offices of the Assessor, Clerk, Treasurer, Board of Review, and Recorder of Deeds, the Bureau of Technology seeks Board approval of a contract with Tyler Technologies, Inc. to replace the County's legacy property tax system. The County currently employs 40-year-old technology to manage and implement tax collection across 1,500 taxing districts. The system incurs more than $5M per year in support costs and depends upon inflexible and disparate legacy systems, including paper-based validation of system reports. These costs are expected to increase as the IT industry and future generations of IT professionals abandon the legacy technology upon which the County's property tax domain currently depends.
The proposed contract will re-engineer business processes and workflows through the implementation of modern technology and provide myriad benefits, including increased property tax revenue from improved assessment, appraisal, and collection operations, an improved ability to accommodate property tax workloads without requiring additional staff, and enhanced public ser...
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