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Record #: O2020-3890   
Type: Ordinance Status: Introduced
Intro date: 7/22/2020 Current Controlling Legislative Body: Committee on Contracting Oversight and Equity
Final action:
Title: Amendment of Municipal Code Section 2-92-245 to further regulate advance and direct payments to contractors, subcontractors and minority-owned and women-owned business enterprise participants
Sponsors: Lopez, Raymond A.
Topic: MUNICIPAL CODE AMENDMENTS - Title 2 - City Government & Administration - Ch. 92 Dept. of Purchases, Contracts & Supplies
Attachments: 1. O2020-3890.pdf

Committee on Contracting Oversight and Equity Chicago City Council Meeting July 22 2020

 

 

ORDINANCE

 

BE JT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:

 

SECTION, 1. Section 2-92-245, of the Municipal Code of Chicago is hereby amended by inserting the language underscored, and by deleting the language struck through, as follows:

 

2-92-245 Advance payments to contractors / direct payments to subcontractors Advance / direct payments to contractors, subcontractors and MBE/WBE participants.

 

{a) The chief procurement officer is authorized to make advance payments to contractors for monies to be earned on contracts if all minority participation goals have been met as set forth in MC Chapter 2-92 without the use of any waiverfsT. Contractors failing to meet minority participation goals shall be limited to no more than 35% advance payment.

(b) The chief procurement officer is authorized to make advance and direct payments to MBE/WBE contractors and subcontractors for 50% of total monies to be earned on contracts if they have been certified for no more than five years.

fjc) {b} The chief procurement officer is authorized to make direct paymehts to subcontractors for monies.earned on contracts.

 

 

SECTION 2. This ordinance shall be in full force and effect upon-passage and publication.