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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 Pan-Oceanic Engineering Co., Inc.$15MSingle Award
Contract source

Awarded vendors

  • Pan-Oceanic Engineering Co., Inc.

Description

The Master Independent Contractor Agreement for Rapid Response Construction Services is a contract between the Chicago Park District and Pan-Oceanic Engineering Co., Inc. for the provision of rapid response construction services. The contract has a term of five years, with the possibility of a one-year extension. The contractor is required to comply with all applicable laws, regulations, and rules, and to indemnify and hold harmless the Park District and its officials, employees, and agents. The contract also includes provisions for insurance, conflict of interest, and termination. • The contract is governed by the internal laws of the State of Illinois. • The contractor must perform under the contract as an independent contractor and not as a representative, employee, agent, or partner of the Park District. • The contract includes provisions for notices, requests, and documents to be sent to the addresses and persons specified. • The contract is comprised of several identical counterparts, each to be fully signed by the parties and each to be considered an original having identical legal effect.

Attached files

Key dates

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

Last updated

Details

Award type
Single Award
Industry
Construction
NAICS
236220
Solicitation №
164405

Contract value

$15,000,000

The contract value is not explicitly stated in the document. However, based on the scope of work and the term of the contract, it is likely that the contract value is substantial. Assuming an average annual expenditure of $1 million to $5 million for rapid response construction services, the total contract value could be estimated to be in the range of $5 million to $25 million over the 5-year term.

AI estimate from the award documents

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