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AUTHORIZATION TO ENTER INTO A CONTRACT WITH RAE PRODUCTS & CHEMICALS CORP. FOR PAINT AND RELATED SUPPLIES: SUPPLY AND DELIVERY
SPECIFICATION NO. P-24002
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To: The Honorable Board of Commissioners of the Chicago Park District
I. Recommendation
It is recommended that an order be entered authorizing the General Superintendent or their designee to enter into a contract with RAE Products & Chemicals Corp.("RAE Products"). for the supply and delivery of Paint and Related Supplies, districtwide. The contractors were selected pursuant to a publicly advertised Invitation for Bid ("IFB"). No work may commence and no payment shall be made prior to the execution of a written agreement.
II. Award Information
Awardee: RAE Products & Chemicals Corp.
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. If extension options are exercised, funding shall be based upon annual appropriations.
Contract Amount: Not to Exceed (NTE) $500,000 annually
This is a DUR (Depends Upon Requirements) Contract, where the actual annual spending for the initial contract term and any extension term is determined based on the District's identified needs and which is authorized by annual appropriation and subject to each year's budget. Material costs may increase in extension terms if justified and recommended by the Director of Purchasing.
Compliance
Goals: The Minority and Women Owned Business Enterprise participation is in compliance for this proposed contract.
This proposal participation is for 75% participation with RAE Products as a WBE, self-preforming vendor and 25% participation with Marking Specialists Corporation as an MBE.
Scope of Services: For the supply and delivery of Paint and Related Supplies, districtwide, on an as-needed basis.
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