City contract vendors / Who gets the city's money
Caremark INC — City of Chicago contracts
Every contract the City of Chicago has on file with this vendor: what was awarded, which departments issued it, and how the awards were procured. Figures are computed live from the city's official contracts dataset.
Recorded in city contract data as CAREMARK INC.
$2,886,189,117
Total awarded
Net of revisions and de-obligations
24
Contracts on file
Earliest approved Oct 20, 2004
$272,000,000
Largest single award
Feb 10, 2026
Most recent approval
A note on the totals: the city files revisions and de-obligations as their own records with negative award amounts, so the total above is the net of awards and adjustments. An awarded amount is also not money paid — it is the ceiling the city agreed to, and actual spending can come in lower.
Departments, by total awarded
- Department Of Finance$2,886,189,117
Largest individual contracts
- Professional Services agreement as the City's sole Pharmacy Benefits Manager (PBM) — 2022$272,000,000
- Professional Services agreement as the City's sole Pharmacy Benefits Manager (PBM) — 2023$252,000,000
- Professional Services agreement as the City's sole Pharmacy Benefits Manager (PBM) — 2026$250,120,000
- Prescription Drug Pharmacy Network — 2018$200,000,000
- Prescription Drug Pharmacy Network — 2017$200,000,000
- Prescription Drug Pharmacy Network — 2015$200,000,000
- Prescription Drug Pharmacy Network — 2016$200,000,000
- Prescription Drug Pharmacy Network — 2009$146,908,627
How the work was procured
No procurement types available right now.
Contract types
- COMPTROLLER-OTHER24 contracts
Caremark INC contracts most heavily with Department Of Finance, which accounts for $2,886,189,117 across 24 contract records.
Caremark INC contracts FAQ
- How much has Chicago awarded to Caremark INC?
- City of Chicago contract records show $2,886,189,117 awarded to Caremark INC across 24 contract records approved since Oct 20, 2004. That figure is the net of awards and later adjustments, and an award is not the same as money actually paid out.
- Which city departments contract with Caremark INC?
- By total award amount, the departments contracting with Caremark INC are: Department Of Finance ($2,886,189,117).
- What is the largest Caremark INC contract?
- The largest single award on file is $272,000,000, described by the city as "Professional Services agreement as the City's sole Pharmacy Benefits Manager (PBM)", approved Jan 25, 2022, through Department Of Finance.
- Why can a contract amount be negative?
- The city records revisions and de-obligations as separate rows with negative award amounts. That means a vendor total is the net of original awards plus every later adjustment, not a running tally of payments. Awarded dollars are also not the same as dollars spent — a contract can be awarded and only partly drawn down.
Source
- City Contractsupdated dailyofficial portal ↗
Contracts are matched on the vendor name exactly as the city records it, so a company filed under more than one spelling may appear on more than one page. Award amounts can be negative on revisions and de-obligations; totals are the net of awards and adjustments, not payments made.