title
Authorization to enter into a Cooperative Purchasing Agreement with Lowe's Home Centers, LLC for maintenance, repair, and operating supplies referencing Region 4 Education Service Center's agreement number R240805.
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 to the below listed contractor in the approximate aggregate value of $30,076,200 consisting of an aggregate original contract value of $17,509,900 for a 2-year, 7-month base term from April 1, 2025 through October 31, 2027; and two option years in the combined amount of $12,566,300 to provide maintenance, repair, and operating supplies. The terms of CHA's cooperative agreement will be concurrent with the terms of the master agreement with Region 4 Education Service Center.
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
Lowe's
$17,509,900
2-Years, 7-Months
1st Option: $6,190,300
2nd Option: $6,376,000
$30,076,200
Total:
$17,509,900
$12,566,300
$30,076,200
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
Maintenance, repair, and operations ("MRO") is the preservation required to keep property systems and equipment in operating condition. MROs include industrial equipment, cleaning supplies and materials such as flooring, paint, light fixtures, and countertops. An MRO agreement will assist with preventive maintenance, stock inventory, and reduce response time for emergency repairs. The executed cooperative agreement will provide s...
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