title
PROPOSED CONTRACT AMENDMENT
Department(s): Office of the Chief Financial Officer
Vendor: Buck Consultants, Chicago, Illinois
Request: Authorization for the Chief Procurement Officer to renew and increase contract
Good(s) or Service(s): Annuity/Pension Consulting Services
Original Contract Period: 1/1/2014 - 12/31/2014 with two (2) one (1) year renewal options
Proposed Contract Period Extension: 1/1/2016 - 12/31/2016
Total Current Contract Amount Authority: $140,000.00
Original Approval (Board or Procurement): 1/29/2014, $70,000.00
Previous Board Increase(s) or Extension(s): N/A
Previous Chief Procurement Officer Increase(s) or Extension(s): 1/5/2015, $70,000.00, 1/1/2015 - 12/31/2015
This Increase Requested: $50,000.00
Potential Fiscal Impact: FY 2016 $50,000.00
Accounts: 490-260
Contract Number(s): 1441-13324
Concurrences:
The vendor has met the Minority and Women Owned Business Enterprise Ordinance.
The Chief Procurement Officer concurs.
Summary: The Office of the Chief Financial Officer request to take the second and final renewal option with Buck Consultants. Buck Consultants provide services, analysis, projections and reports associated with the Cook County Employees Annuity and Pension Fund.
This is a Sole Source Procurement pursuant to Section 34-139 of the Cook County Procurement Code.
end