The Chicago Park District awarded a contract to The Strathmore Company for outside printing services. The contract has a term of one year with options for up to three one-year extensions. The contractor is required to perform at least 50% of the work with its own forces and must comply with all applicable laws and regulations. The contract includes provisions for insurance, indemnification, and termination. The Park District has the option to extend the contract for an additional one-year period. The contractor must provide a minimum of 25% of the contract value to Minority Business Enterprises (MBE) and 5% to Women Business Enterprises (WBE).
Key points:
* Contract term: 1 year with options for up to 3 one-year extensions
* Contractor: The Strathmore Company
* Scope of work: Outside printing services
* Insurance requirements: Commercial general liability, workers' compensation, and automobile liability
* Indemnification: Contractor must indemnify the Park District for any claims or damages
* Termination: Contract can be terminated by either party with written notice