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File #: 21-1330    Version: 1 Name: CoStar Realty Information, Inc. Washington, D.C.
Type: Contract Amendment Status: Approved
File created: 1/29/2021 In control: Board of Commissioners
On agenda: 4/15/2021 Final action: 4/15/2021
Title: PROPOSED CONTRACT AMENDMENT Department(s): Cook County Assessor's Office, Cook County Board of Review, and Cook County Department of Revenue Vendor: CoStar Realty Information, Inc., Washington, D.C. Request: Authorization for the Chief Procurement Officer to extend and increase the contract Good(s) or Service(s): Real Estate Information Database Subscriptions Original Contract Period: 1/1/2017 - 12/31/2018, with two (2), one (1) year renewal options Proposed Amendment Type: Extension and Increase Proposed Contract Period: 1/1/2021 - 12/31/2021 Total Current Contract Amount Authority: $712,663.80 Original Approval (Board or Procurement): Board 12/14/2016, $316,828.08 Increase Requested: $226,740.00 Previous Board Increase(s): (12/12/2018, $171,686.16); (3/26/2020, $224,149.56) Previous Chief Procurement Officer Increase(s): N/A Previous Board Renewals: (12/12/2018, 01/01/2019 - 12/31/2019); (3/26/2020, 01/01/2020 - 12/31/2020) Previous Chief Procurement ...
Indexes: FRITZ KAEGI, Cook County Assessor, LARRY R. ROGERS, JR., Commissioner, Board of Review, MICHAEL CABONARGI, Commissioner, Board of Review, TAMMY WENDT, Commissioner, Board of Review, KENNETH HARRIS, Interim Director, Department of Revenue
title
PROPOSED CONTRACT AMENDMENT

Department(s): Cook County Assessor's Office, Cook County Board of Review, and Cook County Department of Revenue

Vendor: CoStar Realty Information, Inc., Washington, D.C.

Request: Authorization for the Chief Procurement Officer to extend and increase the contract

Good(s) or Service(s): Real Estate Information Database Subscriptions

Original Contract Period: 1/1/2017 - 12/31/2018, with two (2), one (1) year renewal options

Proposed Amendment Type: Extension and Increase

Proposed Contract Period: 1/1/2021 - 12/31/2021

Total Current Contract Amount Authority: $712,663.80

Original Approval (Board or Procurement): Board 12/14/2016, $316,828.08

Increase Requested: $226,740.00

Previous Board Increase(s): (12/12/2018, $171,686.16); (3/26/2020, $224,149.56)

Previous Chief Procurement Officer Increase(s): N/A

Previous Board Renewals: (12/12/2018, 01/01/2019 - 12/31/2019); (3/26/2020, 01/01/2020 - 12/31/2020)

Previous Chief Procurement Officer Renewals: N/A

Previous Board Extension(s): N/A

Previous Chief Procurement Officer Extension(s): N/A

Potential Fiscal Impact:
Cook County Assessor's Office ($123,396.00)
FY2021 $113,113.00; FY2022 $10,283.00

Cook County Board of Review ($89,232.00)
FY2021 $81,796.00; FY2022 $7,436.00

Cook County Department of Revenue ($14,112.00)
FY2021 $12,936.00; FY2022 $1,176.00

Accounts:
Cook County Assessor's Office
11000.1040.10155.520840.00000.00000

Cook County Board of Review
11000.1050.35010.530641.00000.00000

Cook County Department of Revenue
11000.1007.35085.540130.00000.00000

Contract Number(s): 1585-14943

Concurrences:
The contract-specific goal set on this contract was zero.

The Chief Procurement Officer concurs.

Summary: This amendment will extend and increase this contract to allow each department to continue utilizing the Real Estate Subscription which includes detailed information on Residential and Industrial/Commercial properties including sales...

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