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PROPOSED CONTRACT AMENDMENT
Department(s): Risk Management
Vendor: Rising Medical Solutions, Chicago, Illinois
Request: Authorization for the Chief Procurement Officer to renew, and increase contract
Good(s) or Service(s): Workers' Compensation Administration Services
Original Contract Period: 1/1/2020 - 12/31/2022,with two (2), one (1) year renewal options
Proposed Amendment Type: Renewal and Increase
Proposed Contract Period: Renewal period 1/1/2023 - 12/31/2024
Total Current Contract Amount Authority: $7,950,000.00
Original Approval (Board or Procurement): Board, 10/24/2019, $7,950,000.00
Increase Requested: $5,300,000.00
Previous Board Increase(s): N/A
Previous Chief Procurement Officer Increase(s): N/A
Previous Board Renewals: N/A
Previous Chief Procurement Officer Renewals: N/A
Previous Board Extension(s): N/A
Previous Chief Procurement Officer Extension(s): N/A
Potential Fiscal Impact: FY 2023 $2,650,000.00, FY 2024 $2,650,000.00
Accounts: 11250.1021.10155.580110
Contract Number(s): 1944-17617
Concurrences:
The vendor has met the Minority- and Women-owned Business Enterprise Ordinance via direct participation
The Chief Procurement Officer concurs.
Summary: The Department of Risk Management respectfully submits this item requesting authorization for the Chief Procurement Officer to renew and increase contract # 1944-17617 with Rising Medical Solutions (Rising). Rising provides Workers' Compensation Administration Services, and the proposed second amendment would allow for the continuation of services through the end of the optional two-year renewal period. Depending on the nature and complexity of a given claim, Workers' Compensation Adjusters and the Office of the State Attorney require access to a variety of services. Within this contract, Rising makes available services including Medical Bill Review/Repricing Services, Utilization Review, Case Management Services, Independent Medical Examinations, Recorded Sta...
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