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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 AGAE Contractors, Inc.$15MSingle Award
Contract source

Awarded vendors

  • AGAE Contractors, Inc.

Description

This contract is a Master Independent Contractor Agreement for Rapid Response Construction Services between the Chicago Park District and AGAE Contractors, Inc. The contract is for a period of five years with the possibility of a one-year extension. The contractor will provide construction services to the Park District, and the contract includes terms and conditions for the provision of these services, including insurance requirements, indemnification, and termination provisions. The contract also includes a scope of work, general conditions, and special conditions. The Park District has selected AGAE Contractors, Inc. as a member of the pool of pre-qualified companies to provide rapid response construction services. Some key points of this contract include: • The contract term is five years with the possibility of a one-year extension • The contractor must comply with all applicable laws, regulations, and rules • The contractor must provide insurance as required by the RFQ • The contractor must indemnify and hold harmless the Park District and its employees, agents, and officials • The contract may be terminated by the Park District for cause or convenience

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 №
164262

Contract value

$15,000,000

The contract value is not explicitly stated, but based on the scope of work and the contract duration, it can be estimated that the value is likely in the range of $1 million to $5 million per year, considering the costs of construction services and materials. This would put the total contract value at $5 million to $25 million over the five-year term, assuming a moderate annual expenditure. However, without explicit information on the contract value or pricing, this is a rough estimate.

AI estimate from the award documents

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