Proposed Contract Amendment Department(S): Department Planning And Development Vendor: The Illinois Energy Conservation Authority, Nfp Request: Authorization For The Chief Procurement Officer To Extend Contract Good(S) Or Service(S): Program Administrator

Description:

Proposed Contract Amendment Department(S): Department Planning And Development Vendor: The Illinois Energy Conservation Authority, Nfp Request: Authorization For The Chief Procurement Officer To Extend Contract Good(S) Or Service(S): Program Administrator For Property Assessed Clean Energy Program (Pace) Original Contract Period: 8/1/2020 - 7/31/2022 With Two, One-Year Renewal Options Proposed Amendment Type: Extension Proposed Contract Period: 8/1/2024 - 7/31/2025 Total Current Contract Amount Authority: $00.00 Original Approval (Board Or Procurement): Procurement, 7/31/2020 - $00.00 Increase Requested: N/A Previous Board Increase(S): N/A Previous Chief Procurement Officer Increase(S): N/A Previous Board Renewals: 9/21/2023, 8/1/2023-7/31/2024 Previous Chief Procurement Officer Renewals: 8/12/2022, 8/1/2022 - 7/31/2023 Previous Board Extension(S): N/A Previous Chief Procurement Officer Extension(S): N/A Potential Fiscal Impact: Fy2024 And Fy 2025 - No Fiscal Impact; The Vendor Receives Fees At Closing From The Private Borrower. Accounts: 11000.1013.10155.521313 Planning & Development Contract Number(S): 1823-17565 Concurrences: The Contract Specific Goal Set On This Contract Is Zero. The Chief Procurement Officer Concurs. Summary: This Extension Will Allow The Department Of Planning & Development To Continue To Administer The Commercial Property Assessed Clean Energy (Pace) Program, A Voluntary, Privately-Funded Finance Program For Commercial Property Owners Throughout The County. This Contract Was Awarded Through A Publicly Advertised Request For Proposals (Rfp) Process In Accordance With The Cook County Procurement Code. The Illinois Energy Conservation Authority, Nfp Was Selected As The Program Administrator For The Pace Program, Based On Established Evaluation Criteria. End