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  5. ›P-22015 Rapid Response Construction Services

Awarded contract·Chicago Park District·Illinois

P-22015 Rapid Response Construction Services

Won by Bear Construction Company$5MSingle Award
Contract source

Awarded vendors

  • Bear Construction Company

Description

This contract is a Master Independent Contractor Agreement for Rapid Response Construction Services between the Chicago Park District and Bear Construction Company. The contract has a term of 5 years with an option to extend for an additional year. The contractor will provide rapid response construction services to the Park District. The contract includes provisions for insurance, indemnification, and termination. The Park District has selected Bear Construction Company as a member of the pool of pre-qualified companies to provide rapid response construction services. • The contract term is 5 years with an option to extend for an additional year. • The contractor will provide rapid response construction services to the Park District. • The contract includes provisions for insurance, indemnification, and termination. • The Park District has selected Bear Construction Company as a member of the pool of pre-qualified companies to provide rapid response construction services. • The contract is governed by and construed in accordance with the internal laws of the State of Illinois.

Attached files

Key dates

Starts
1/1/2024
Ends
12/31/2028Renews
Duration
5 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Construction
NAICS
236220
Solicitation №
P-22015

Contract value

$5,000,000

The contract value is not explicitly stated in the document. However, based on the scope of work and the term of the contract, it can be estimated that the contract value is likely to be in the millions of dollars. The Park District has selected Bear Construction Company as a member of the pool of pre-qualified companies to provide rapid response construction services, which suggests that the contract value could be significant. Additionally, the contract includes provisions for insurance, indemnification, and termination, which also suggests that the contract value is substantial. A rough estimate of the contract value could be $5 million to $10 million per year, depending on the scope of work and the number of projects awarded to the contractor.

AI estimate from the award documents

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