Title
AUTHORIZATION TO ENTER INTO A CONTRACT WITH BEAR CONSTRUCTION COMPANY FOR PARK #598 DEVELOPMENT
SPECIFICATION NO. P-23001-009
Body
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 Bear Construction Company in the amount of $4,407,966.00. The contractor was selected pursuant to a Request for Proposal (RFP). No work may commence and no payment shall be made to Bear Construction Company prior to the execution of a written agreement.
II. Award Information
Contractor: Bear Construction Company
Business: Construction
Company Type: Business Corporation
Year Incorporation: 1984
Majority Interest: James Weinold, 50%
George Wienold, 50%
Contract Type: Construction Contract
Contract Amount: Not-to-exceed $4,407,966.00
Compliance Goals: The Minority and Women Owned Business Enterprise participation is in compliance for this proposed contract. The Minority and Women-Owned participation for this contract includes: 25.76% MBE participation with two certified companies and 10.45% WBE participation with one certified company.
Scope of Services: The new park will be upgraded in accordance with community input and includes a new walking path, playground with engineered wood fibar surfacing, adult fitness area, pathways, seating, lighting, plaza, dog friendly area, and landscaping.
Authorization: Authorize the General Counsel to include other relevant terms and conditions in the written Agreement. Authorize the General Superintendent or their designee to execute the Agreement and the Secretary to attest as to the signing of the Agreement and keep an original copy of the Agreement on file.
III. Budget and Financial Information
Budget Classification: Capital Grant - Tax Increment Financing and State DCEO Grant
Fiscal Year: 2024
Source of Funds: 391.8260.0598.627030.TF001...
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