Executed BOA P-101602 Redacted 2Redacted~1.pdf

This is a Basic Ordering Agreement (BOA) under $50,000 executed by the State of Illinois, specifically the Chief Procurement Office General Services, with a vendor for the provision of parking services. The contract is identified as 27-416CMS-AGSV4-P-101602 and is classified as a new purchase under the small purchase procurement method using Fiscal Year 2027 state funding. The agreement is governed by State of Illinois Standard Terms and Conditions and includes provisions for payment upon receipt, compliance with prevailing wage requirements, maintenance of records for three to five years, insurance obligations, and adherence to all applicable federal, state, and local laws.

The contract covers surface lot parking at 623 West Monroe, Chicago, Illinois, for 120 vehicle spaces at a monthly rate of $315.00 per space, resulting in a one-time charge extension of $37,800 for the contract period. The agreement commences on September 1, 2026, and extends for 23 months. Pricing is structured as a monthly charge designated as "EA" (each) under periodic charges. The contract total is $37,800, funded entirely through state appropriation with no federal funds involved. No subcontractors are being utilized, and the vendor is required to maintain General Commercial Liability insurance of $1,000,000 per occurrence and $2,000,000 aggregate, along with worker's compensation insurance as required by law.