title
Authorization to enter into an Agreement for Professional Property Management Services.
presenter
Presenter: Leonard Langston, Interim Chief Property Officer
Recommendation
The Interim Chief Executive Officer ("CEO") of the Chicago Housing Authority ("CHA") recommends that the CHA Board of Commissioners ("Board") approve the award of contract(s) to the below listed contractor(s) in the approximate aggregate value of $2,646,000 consisting of an aggregate original contract value of $1,293,600 for a two year base term from July 1, 2025 through June 30, 2027; and two option years in the combined amount of $1,352,400 to provide professional property management services at various properties.
The Board further authorizes the Interim CEO to approve each request to exercise the options awarded under the contract.
Recommended Awardee
Base Contract Value
Base Term
Option Terms
Total Contract Value
Manage Chicago, Inc.
$1,293,600
2 Years
1st Option: $666,204
2nd Option: $686,196
$2,646,000
$
$
$
$
Total:
$1,293,600
Aggregate Total:
$2,646,000
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 Funds
Background
On May 2, 2025, CHA issued a partial termination notice for property management services at Horner Westhaven and Region 2 scattered sites, totaling 980 units in the public housing program, due to Contractor's continued failure to perform the contracted services with sufficient personnel or with sufficient resources and to promptly cure or re-perform unsatisfactory services within a reasonable time. The partial termination of property management services, along with the need for an accelerated transition, created an emergency need for CHA to secure replacement property management services.
Procurement Activities
In order to quickly find a replacement property ...
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