Title
Resolution authorizing a contract with U.S. Bank Corporate Payment Systems, Minneapolis, Minnesota, for procurement card services to the County in the estimated annual amount of $5,050,600.
Staff Summary
* Lake County's procurement card program consists of 380 active cardholders and is designed to make purchasing small dollar operational supplies and services easy and flexible.
* This contract is a joint effort between Lake County and Lake County Forest Preserve and includes a provision for a revenue share of 1.4 percent with an annual rebate of $77,000 based on current procurement card spend.
* Lake County extended requests to 14 vendors and received three proposals.
* A review committee comprised of staff from Health Department, Division of Transportation, Forest Preserve, Finance, and Purchasing determined that the proposal submitted by U.S. Bank Corporate Payment Systems is the most qualified and favorable proposal for Lake County.
* The resolution authorizes a two year agreement with three additional one year renewal options in the estimated annual amount of $5,050,600.
Body
RESOLUTION
WHEREAS, in accordance with Section 5-102 of the Lake County Purchasing Ordinance, proposals were called for by publication of for Procurement Card Services; and
WHEREAS, subsequent to said publication, request for proposals were extended to 14 vendors; and
WHEREAS, sealed proposals were received from one local and two non-local vendors and opened at the Lake County Building, Waukegan, Illinois, on April 2, 2015 at 2:00 p.m.; and
WHEREAS, in accordance with the Evaluation Criteria as established in the Request for Proposal, the review committee determined that the proposal submitted by U.S. Bank Corporate Payment Systems for Procurement Card Services is the most qualified and favorable proposal for Lake County.
NOW, THEREFORE, BE IT RESOLVED, by this County Board of Lake County, Illinois, that the Purchasing Agent is authorized to ...
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