Amendment of Municipal Code Section 2-92-412 to authorize Chief Procurement Officer to allocate percentages of contract base bids as specified for contracts over $100,000
Chicago's City Council revised Section 2-92-410 of the Municipal Code, setting bid preferences for city-based businesses and contracts exceeding $100,000. The chief procurement officer, guided by the City's Commissioner of Planning and Development, allocates bid preferences to prime contractors and subcontractors employing city residents, particularly in disadvantaged areas. The ordinance is effective 90 days post-publication.