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TO: Mayor Richard C. Irvin
FROM: Christopher Minick, Chief Financial Officer/City Treasurer
Michael Pegues, Chief Information Officer
DATE: November 4, 2021
SUBJECT:
Renewal of an Agreement for Consulting Services with Marketplace.city 1218 West Oakdale Avenue, Chicago IL 60657 for the purpose of performing technology purchasing searches.
PURPOSE:
The City strives to purchase all goods and services in an efficient and cost effective manner at the lowest responsible price. In areas of specialty purchasing the City has in the past used the services of outside vendors to aid in our purchasing process. The City has been working with Marketplace.city for the past two years and feels it has been a successful partnership. Approving an agreement with Marketplace.city (Marketplace) will continue to provide portal to research technology related purchases across the country.
BACKGROUND:
The City uses a variety of processes to purchase goods and services including the use of third party consultants in areas with restricted access or areas requiring technical expertise. Our utilization of brokers/consultants for the purchase of health/life and risk/liability insurance coverage is a typical example.
In 2019, Resolution R19-294 was approved as the first entrance into a partnership with Marketplace.city to provide technology related services/software/equipment. Both parties feel the service has been valuable and allows the current purchasing staff to assist with these procurements but frees up their time to work on other Bids/RFP's.
DISCUSSION:
The City wishes to enter into an updated MOU for a three year term with the option of two 1-year extensions based on mutual agreement between the City and Marketplace.city.
Marketplace will continue to provide for selection/search of technology related services/supplies/equipment at a fee for service price of 7.0% of the purchase price. A copy of the agreement with Marketplace is attached. Utilizing these services...
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