City contract vendors / Who gets the city's money

Mercy Portfolio Services — 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 MERCY PORTFOLIO SERVICES.

$346,659,178

Total awarded

Net of revisions and de-obligations

20

Contracts on file

Earliest approved Aug 13, 2009

$92,982,646

Largest single award

Dec 23, 2015

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

  1. Department Of Housing$157,766,447
  2. Department Of Planning And Development$113,393,448

Largest individual contracts

  1. NEIGHBORHOOD STABILIZATION PROGRAM (NSP) 2 — 2010$92,982,646
  2. Neighborhood Stabilization Program — 2009$55,238,017
  3. NEIGHBORHOOD STABILIZATION PROGRAM — 2009$54,504,447
  4. Neighborhood Stabilization Program — 2009 (2)$51,264,215
  5. Neighborhood Stabilization Program — 2009 (3)$51,264,215
  6. NSP 1 PROGRAM - AMENDMENT TO REFLECT A NEW END DATE FROM 3/15/2013 TO 12/31/2015. C… — 2015$14,351,705
  7. NEIGHBORHOOD STABILIZATION PROGRAM (NSP) 3 — 2012$14,266,724
  8. NSP 1 PROGRAM - AMENDMENT TO REFLECT A NEW END DATE FROM 3/15/2013 TO 12/31/2015. — 2013$6,643,131

How the work was procured

  1. RFP11 contracts

Contract types

  1. DELEGATE AGENCY17 contracts
  2. COMPTROLLER-OTHER3 contracts

Mercy Portfolio Services contracts most heavily with Department Of Housing, which accounts for $157,766,447 across 3 contract records.

Mercy Portfolio Services contracts FAQ

How much has Chicago awarded to Mercy Portfolio Services?
City of Chicago contract records show $346,659,178 awarded to Mercy Portfolio Services across 20 contract records approved since Aug 13, 2009. 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 Mercy Portfolio Services?
By total award amount, the departments contracting with Mercy Portfolio Services are: Department Of Housing ($157,766,447); Department Of Planning And Development ($113,393,448).
What is the largest Mercy Portfolio Services contract?
The largest single award on file is $92,982,646, described by the city as "NEIGHBORHOOD STABILIZATION PROGRAM (NSP) 2", approved Nov 8, 2010, through Department Of Planning And Development.
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

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.

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