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Awarded contract·Chicago Park District·Illinois

Rapid Response Construction Services

Won by Pan-Oceanic Engineering Co., Inc.$5MSingle Award
Contract source

Awarded vendors

  • Pan-Oceanic Engineering Co., Inc.

Description

The Chicago Park District has awarded a contract to Pan-Oceanic Engineering Co., Inc. for rapid response construction services. The contract requires the vendor to provide construction services on an as-needed basis, including emergency repairs and maintenance. The vendor must comply with all applicable laws and regulations, including the Prevailing Wage Act and Workers' Compensation Laws. The contract has multiple terms with options for extension, and the vendor must provide proof of insurance and indemnify the Park District against any claims or damages. The contract is governed by the laws of the State of Illinois, and any disputes must be resolved through litigation in Cook County. • The contract requires the vendor to provide rapid response construction services, including emergency repairs and maintenance. • The vendor must comply with all applicable laws and regulations, including the Prevailing Wage Act and Workers' Compensation Laws. • The contract has multiple terms with options for extension. • The vendor must provide proof of insurance and indemnify the Park District against any claims or damages. • The contract is governed by the laws of the State of Illinois, and any disputes must be resolved through litigation in Cook County.

Attached files

Key dates

Starts
3/3/2011

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Construction
NAICS
236220
Solicitation №
7933

Contract value

$5,000,000

The contract value is not explicitly stated, but based on the scope of work and the requirements for insurance and indemnification, it is likely that the contract value is significant. The vendor must provide proof of insurance with limits of liability ranging from $1,000,000 to $5,000,000, which suggests that the contract value may be in the range of $1 million to $10 million. Additionally, the contract requires the vendor to provide services on an as-needed basis, which may indicate a higher contract value due to the potential for ongoing work. Factors that may influence the likely contract value include: • The scope of work, which includes emergency repairs and maintenance. • The requirements for insurance and indemnification, which suggest a significant contract value. • The potential for ongoing work, which may increase the contract value over time.

AI estimate from the award documents

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