TITLE
REQUEST TO EXERCISE THE CONTRACT'S FIRST (1) YEAR EXTENSION OPTION WITH RAE PRODUCTS AND CHEMICALS CORPORATION FOR THE SUPPLY AND DELIVERY OF PAINT AND RELATED SUPPLIES
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 the Department of Facility Management recommend that an order be entered authorizing the General Superintendent or his designee to exercise the first, (1) year extension option with RAE Products And Chemicals Corporation for the supply and delivery of paint and related supplies, Specification No. P-24002.
II. Initial Award Information
Date of Award: September 11, 2024 - Chicago Park District Board Meeting
Contractor: RAE Products And Chemicals Corporation
11638 S. Mayfield Avenue
Alsip, IL 60803
Company Type: Business Corporation
Majority Interest: Donna Gruenberg 88.75%
Samantha Morek 5.9%
Kurt Gruenberg 5.35%
Contract Period: One (1) year initial term with four (4) additional one (1) year extension options. The contract execution date was December 6, 2024 with an expiration date of December 5, 2025. This is the first extension option request, if the extension option is exercised, the effective date will be December 6, 2025 through December 5, 2026.
Contract Amount: Not-to-exceed $500,000.00 annually and is DUR (depends upon requirements). Expenditure for services under the extension term will be authorized by annual appropriation and subject to the year's budget.
Scope of Services: Supply and delivery of paint and related supplies, on an as-needed basis.
Authorization: Authorize the General Counsel to include other relevant terms and conditions in the written Agreement. Authorize the General Superintendent to execute the Agreement and the Secretary to attest as to the signing of the Agreement and keep ...
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