Title
AUTHORIZATION TO ENTER INTO A CONTRACT WITH PARK CONCESSION MANAGEMENT, LLC FOR CONCESSION PROGRAM MANAGEMENT SERVICES
SPECIFICATION NO. P-14029
Body
To the Honorable Board of Commissioners of the Chicago Park District
I. Recommendation
It is recommended that the General Superintendent and CEO or his designee enter into a contract with Park Concession Management, LLC, for the purpose of providing Concession Management services throughout the Chicago Park District. The contractor was selected pursuant to a publicly advertised Request for Proposals ("RFP"). No work may commence and no payment shall be made to vendor prior to the execution of a written agreement.
II. Award Information
Company: Park Concession Management, LLC
20 North Michigan Avenue, Suite 200
Chicago, IL 60602
Company Type: Limited Liability Corporation
Majority Interest: Levy Restaurants 50%
CBRE/U.S. Equities Realty 50%
Contract Term: Three (3) years with two (2), one (1) year extension options
Contract Amount: See Exhibit A
Scope of Services: The day-to-day management of the Chicago Park District's concession program. Responsibilities include concession development, site visits and inspections of concessions, marketing, licensing, and financial management and reporting.
Affirmative
Action Goals: The Minority and Women Owned Business Enterprise participation for this contract include: 25% minority owned and 5% women owned.
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 an original copy of the Agreement on file.
III. Budget and Financial Information
Budget Classification: Operating
Fiscal Year: 2015
Source of Funds: 001.9310.9310.626035.00001.01.01.00001
IV. Procurement Information
Specification Number: P-14029
Date Issued: September 2...
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