AI helper
Sealed proposals must be delivered to the city of rolling meadows by no later than 4: 00 p. m. cdt on tuesday, march 31, 2026. The cutoff for receipt of questions or exceptions shall be 5: 00 p. m. cdt on monday, march 16, 2026. The contract will be offered for an approximately fiveyear initial term, commencing on september 28, 2026, with potentially one 1 threeyear extension period. Each proposal shall be accompanied by a proposal security, which shall be in the form of a bidbond or a certified check or a bank cashiers check in the amount of five thousand dollars5, **** made payable to the city. The city expects to adhere to the following time schedule: issue rfp monday, march 2, 2026 deadline for receipt of questions monday, march 16, 2026, 5: 00 p. m. cdt city responseaddenda to be sent by monday, march 23, 2026, 5: 00 p. m. cdt proposal due date tuesday, march 31, 2026, 4: 00 p. m. cdt interviewsnegotiationsaward of proposal april 2026 may 2026 transition period june 2026 september 2026 commencement of services september 28, 2026. The contractor shall submit all invoices to the city on a monthly basis within 15 days after the close of the preceding month. The city shall pay the contractor by the 30th of the month that follows thereceipt of a properly formatted invoice. The successful contractor shall furnish to the city, within ten 10 days from the execution of thisagreement by all parties, a performance bond or irrevocable letter of credit in favor of the city, specified by name, in a format approved by the city attorney, in the amount of 50 percent of thetotal contract billings, based on a twelve 12 month term, annually renewed for an amount equalto the first years value, for the services rendered in conjunction with the contract.
The proposals are due by 4: 00 p. m. cdt on tuesday, march 31, 2026.
The city shall pay the contractor by he 30th of the month that follows thereceipt of a properly formatted invoice.
The city reserves the right to award the proposal to he contractor which, in the citys judgment, best serves the needs and interests of the city and its residents.
The city reserves the right to determine he competence and financial and operational capacity of any contractor.
The cutoff for receipt of questions or exceptions shall be 5: 00 p. m. cdt on monday, march 16, 2026.