(a) As used in this section, the following terms shall be defined as follows:
"City Contract" shall mean a contract for goods or services entered into with a vendor selected by the Chief Procurement Officer, provided such vendor has entered into a Reference Contract for the provision of the same goods or services. The terms of the City Contract and the Reference Contract shall be the same except as provided in subsection (c) of this section. A City Contract may be based upon a Reference Contract either in existence or expired at the time the City Contract is negotiated and executed.
"Reference Contract" shall mean a contract entered into by a vendor for goods or services with a federal, state or local entity other than the City, or a group or consortium of the same, as a result of a public procurement process followed by such governmental entity or entities.
(b) With respect to procurements of goods or services that otherwise would be subject to Sections 10-3 or 10-4 of the "Municipal Purchasing Act for Cities of 500,000 or More Population", codified at 65 lLCS 5/8-10-3 and 5/8-10-4, as amended, the Chief Procurement Officer is authorized to enter into one or more City Contracts.
(c) A City Contract may contain:
(i) pricing or compensation terms equivalent to, or more favorable to the City than, those contained in the Reference Contract. A City Contract shall not contain higher pricing than is contained in the Reference Contract;
(ii) a period of duration, i.e., a term, which varies from the term of the Reference Contract;
(iii) such additional provisions as the Chief Procurement Officer determines to be in the best interests of the City; or
(iv) such insertions to or deletions from the Reference Contract as are required by law or ordinance applicable to the City.
(d) As a condition of entering into a City Contract, every contractor shall make such disclosures to the City as are required by law or required from other City vendors and shall comply with those requirements of the Municipal Code providing for the "Minority- Owned and Women-Owned Business Enterprise Procurement Program" (Sections 2-92-420 through 2-92-570), and "Contracts – Firms owned and operated by individuals with disabilities" (Section 2-92-586).
(Added Coun. J. 5-24-06, p. 76917, § 2)