title
Authorization to add additional funding to Contract No.12941 with Nan McKay and Associates.
presenter
Presenter: Leonard Langston, Jr., Interim Chief Property Officer
end
Recommendation
The Chief Executive Officer ("CEO") of the Chicago Housing Authority ("CHA") recommends that CHA's Board of Commissioners ("Board") approve the funding addition of $150,000.00 to Contract No. 12941 with Nan McKay and Associates ("NMA"), in accordance with the respective contract Terms and Values set forth in the table below.
The Board delegates authority to the CEO or his designee to use his discretion to exercise this funding addition to the respective base and option terms, which shall only be exercised individually following the completion of the respective base term. This funding addition is for the implementation of inspections to vacant units, per HUD regulations.
Contract Summary
Vendor: Nan McKay and Associates
Term
Amount
Reason for Amendment
Base Contract
$24,223,341
3 years
$50,000
Additional funding needed to comply with new HUD regulations to inspect vacant units
Option Year No. 1
$8,478,180
1 year
$50,000
To accommodate and pay the additional inspections per HUD's new regulation
Option Year No. 2
$8,960,952
1 year
$50,000
To accommodate and pay the additional inspections per HUD's new regulation
Aggregate Contract Amount: $41,662,473
5 years
$150,000
$41,812,473
The requested action complies in all material respects with all applicable federal, state, and local laws, and CHA policies. CHA staff has completed all necessary due diligence to support the submission of this initiative.
Funding
MTW Funding
Background
The U.S. Department of Housing and Urban Development (HUD) now requires Public Housing agencies to conduct annual inspections on all units, including those that are vacant, in addition to occupied residences. The Chicago Housing Authority oversees 17,563 Public Housing and RAD (non-mixed income) units, all of which must be inspected at least o...
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