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PROPOSED CONTRACT AMENDMENT
Department(s): Department of Risk Management
Vendor: Aon Risk Services Central, Inc., Chicago, Illinois
Request: Authorization for the Chief Procurement Officer to renew and increase contract
Good(s) or Service(s): Actuarial Services for Self-Insured WC and Liability Claims
Original Contract Period: 1/18/2016 - 1/17/2019
Proposed Contract Period Extension: 1/18/2019 - 1/17/2020
Total Current Contract Amount Authority: $124,500.00
Original Approval (Board or Procurement): 1/19/2016, $124,500.00
Previous Board Increase(s) or Extension(s): N/A
Previous Chief Procurement Officer Increase(s) or Extension(s): N/A
This Increase Requested: $41,500.00
Potential Fiscal Impact: FY 2019 $41,500.00
Accounts: 490-260
Contract Number(s): 1525-14908
Concurrences:
The contract-specific goal set on this contract was zero.
The Interim Chief Procurement Officer concurs.
Summary: This increase and first and final one (1) year renewal option will allow the Department of Risk Management to continue to receive Actuarial Services for Self-Insured Workers Compensation and Liability Claims. The work product is used in conjunction with the County’s Comprehensive Annual Financial Report (CAFR) and the annual budgeting process.
This contract was awarded through Comparable Government Procurement pursuant to Section 34-140 of the Procurement Code. Aon Risk Services Central, Inc. was previously awarded a Master Consulting Agreement by the City of Chicago through a competitive Request for Qualifications (RFQ) process. Aon Risk Services Central, Inc. was selected through the competitive Task Order Request process.
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