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File #: 18-2891    Version: 1 Name: Realauction.comRealauction.com
Type: Contract (Technology) Status: Approved
File created: 3/28/2018 In control: Board of Commissioners
On agenda: 5/16/2018 Final action: 5/16/2018
Title: PROPOSED CONTRACT Department(s): Cook County Treasurer Vendor: Realauction.com, Plantation, Florida Request: Authorization for the Chief Procurement Officer to enter into and execute Good(s) or Service(s): On-Line Auction Services for Delinquent Tax Liens Contract Value: $646,000.00 Contract period: 12/1/2018 - 11/30/2021, with two (2) one-year renewal options Potential Fiscal Year Budget Impact: FY 2019 $209,000.00, FY 2020 $209,000, FY 2021 $228,000.00 Accounts: 11854.1060.15050.520830 Contract Number(s): 1790-15936 Concurrences: The vendor has met the Minority-and Women-owned Business Enterprise Ordinance via full MWBE waiver. The Chief Procurement Officer concurs. The Bureau of Technology concurs Summary: Cook County Treasurer's Office is required to hold annual auction(s) of delinquent tax liens. Realauction.Com will design, build and maintain an On-Line auction services for delinquent tax liens in accordance with Illinois law, Cook County statutory d...
Indexes: MARIA PAPPAS, Cook County Treasurer

title

PROPOSED CONTRACT

 

Department(s):  Cook County Treasurer

 

Vendor:  Realauction.com, Plantation, Florida

 

Request: Authorization for the Chief Procurement Officer to enter into and execute

 

Good(s) or Service(s):  On-Line Auction Services for Delinquent Tax Liens

 

Contract Value:  $646,000.00

 

Contract period:  12/1/2018 - 11/30/2021, with two (2) one-year renewal options

 

Potential Fiscal Year Budget Impact:  FY 2019 $209,000.00, FY 2020 $209,000, FY 2021 $228,000.00

 

Accounts:  11854.1060.15050.520830

 

Contract Number(s):  1790-15936 

 

Concurrences:                     

The vendor has met the Minority-and Women-owned Business Enterprise Ordinance via full MWBE waiver.

 

The Chief Procurement Officer concurs.

 

The Bureau of Technology concurs

 

Summary: Cook County Treasurer’s Office is required to hold annual auction(s) of delinquent tax liens.  Realauction.Com will design, build and maintain an On-Line auction services for delinquent tax liens in accordance with Illinois law, Cook County statutory directives, and County rules and procedures.

 

This contract is awarded through Request for Proposals (RFP) procedures in accordance with the Cook County Procurement Code.  Realauction.com was selected based on established evaluation criteria.

end