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PROPOSED CONTRACT
Department(s): Department of Facility Management
Vendor: Rae Products & Chemical Corp., Alsip, Illinois
Request: Authorization for the Chief Procurement Officer to enter into and execute
Good(s) or Service(s): Paint Supplies
Contract Value: $316,992.44
Contract period: 10/1/2021 - 9/30/2024, with two (2), one (1) year renewal options
Potential Fiscal Year Budget Impact: FY 2021 $17,610.00, FY 2022 $105,660.00, FY2023 $105,660.00, FY2024 $88,062.44
Accounts: 11100.1200.12355.530188
Contract Number(s): 2002-18412
Concurrences:
The vendor has met the Minority- and Women-owned Business Enterprise Ordinance via direct participation. The prime is a certified WBE.
The Chief Procurement Officer concurs.
Summary: This contract will allow the Department of Facilities Management to receive Paint Supplies.
The vendor was selected pursuant to a publicly advertised competitive bidding process in accordance with the Cook County Procurement Code. Rae Products & Chemicals, Corp. was the lowest, responsive and responsible bidder.
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