TITLE
REQUEST TO EXERCISE THE CONTRACT’S SECOND ONE (1) YEAR EXTENSION OPTION WITH RAE PRODUCTS AND CHEMICALS CORPORATION FOR THE SUPPLY AND DELIVERY OF PAINT AND RELATED SUPPLIES DISTRICTWIDE
SPECIFICATION NO. P-24002
BODY
To: The Honorable Board of Commissioners of the Chicago Park District
I. Recommendation
Pursuant to Chapter XI, Section C.3.a. of the Code of the Chicago Park District, the Director of Purchasing and the Director of Facility Management recommend that the Board of Commissioners of the Chicago Park District (“Board”) authorize the General Superintendent or their designee to exercise the second one (1) year extension option on the contract Specification No. P-24002 (the “Contract”) with RAE Products and Chemicals Corporation (the “Contractor”) for the supply and delivery of paint and related supplies districtwide.
II. Initial Award Information; Authorization
Date of Award: September 11, 2024 Board Meeting
Contractor: RAE Products and Chemicals Corporation
11638 S. Mayfield Avenue
Alsip, IL 60803
Company Type: Illinois Business Corporation
Beneficial Interest: As noted in Section VII(4) below, the Contractor has submitted an Economic Disclosure Statement (“EDS”). As required by Chapter I, Section D.1(a)(1) of the Code, Section II(B)(2) of the Contractor’s EDS discloses the following persons or legal entities having a direct or indirect, current or prospective beneficial interest (including ownership) in excess of 7.5% of the Contractor:
Donna Gruenberg 88.75%
Contract Period: The initial contract period was from December 6, 2024 to December 5, 2025, and the first extension option period is from December 6, 2025 to December 5, 2026. If the contract period is extended, two options to extend for additional one-year terms will be remaining. If the second extension option is exercised, funding shall be subject to annual appropriations.
Contract Amount: Not to exceed (NTE) $500,000 for the initial one-year term; not to exceed ...
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