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PROPOSED CONTRACT AMENDMENT
Department(s): Capital Planning and Policy
Vendor: NORESCO, LLC, Des Plaines, Illinois
Request: Authorization for the Chief Procurement Officer to increase contract
Good(s) or Service(s): Energy Conservation Measures
Original Contract Period: 6/17/2015 - 1/9/2037
Proposed Contract Period Extension: N/A
Total Current Contract Amount Authority: $11,386,016.00
Original Approval (Board or Procurement): 7/1/2015, $11,386,016.00
Previous Board Increase(s) or Extension(s): N/A
Previous Chief Procurement Officer Increase(s) or Extension(s): N/A
This Increase Requested: $889,007.00
Potential Fiscal Impact: FY 2018 $102,502.00, FY 2019 $31,314.00, FY 2020 $32,253.00, FY 2021 $33,221.00, FY 2022 $34,217.00, FY 2023 $35,244.00, FY 2024 $36,301.00, FY 2025 $37,390.00, FY 2026 $38,512.00, FY 2027 $39,668.00, FY 2028 $40,857.00, FY 2029 $42,083.00, FY 2030 $43,346.00, FY 2031 $44,647.00, FY 2032 $45,985.00, FY 2033 $47,365.00, FY 2034 $48,786.00, FY 2035 $50,250.00, FY 2036 $51,757.00, FY 2037 $53,309.00
Accounts: 200 - 450 Maintenance and Repair of Plant Equipment
Contract Number(s): 1528-14647
Concurrences:
The vendor has met the Minority-and Women-owned Business Enterprise Ordinance via direct participation.
The Chief Procurement Officer concurs.
Summary: This increase provides for funding to perform the measurement and verification (M & V) of the installed energy conservation measures and maintenance services for the steam traps in County Buildings. Under the terms and conditions of the contract, NORESCO, LLC will provide performance monitoring summarized in the form of quarterly reports and guarantee reconciliation in the form of an annual report. The period for the services is 20 years which includes M&V and annual testing and inspection of the steam traps.
This contract was awarded through Request for Proposals (RFP) procedures in accordance with the Cook County Procurement Code. NORESCO, LLC wa...
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