AWARD TO OTHER
THAN:
Lowest responsible offeror
meeting specifications
VENDOR SELECTED FOR AWARD
|
a. Name |
Aon Consulting |
|
b. Address |
200 East Randolph Street, Suite 900, Chicago, IL 60601 |
|
c. Phone/Fax |
312-381-4878 |
|
William Fornia |
NATURE OF CONTRACT
|
a. Description of supplies, services, etc. |
Actuarial and financial analysis related to CTA Retirement Plan and Retiree Health Care Trust, reports required by Public Act 95-708 |
|
Four months, with possibility of renewal |
|
|
c. Cost |
$97,584 |
REASON FOR SELECTING HIGHER PRICED VENDOR
Two firms' proposals were lower in price, but also
lower in total points. For this engagement,
price was established as being a less important factor in the selection process
than the elements represented by the technical score.
_____________________________________________________________________________
|
Jim Schlouch |