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CHICAGO (COOK COUNTY)contract

Contract Record: Speedway Wrecking Co. Inc.

Original title: Contract F2417: SPEEDWAY WRECKING CO INC — CONVERTED (Chicago, IL)

January 29, 2010

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The Frame

What this does

This contract adjustment represents a $195,000 change in city funds allocated to a demolition and wrecking vendor for the Department of Buildings.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Speedway Wrecking Co Inc

The company is the vendor party to the contract and is subject to the financial terms specified.

Chicago Department of Buildings

The department is the municipal agency responsible for the oversight and administration of this contract.

What changed

Last recorded activity January 29, 2010.

What's next

Next step not available in the current record.

Summary

This document records a contract conversion for Speedway Wrecking Co. Inc. with the Chicago Department of Buildings, involving a financial adjustment of $195,000.

Key Facts

  • The contract number is F2417.
  • The contract type is listed as CONVERTED.
  • The award amount is -$195,000.
  • The contract was approved on January 29, 2010.
  • The vendor is Speedway Wrecking Co. Inc., located at 2808 S Eleanor St # 1, Chicago, IL.
  • The contract is managed by the Chicago Department of Buildings.

Frequently Asked Questions

What does a 'converted' contract mean?
The document does not define the specific administrative process behind the '' status.
Why is the award amount negative?
The document lists the amount as -$195,000, which typically indicates a credit, a reduction in contract value, or an accounting adjustment.

Why It Matters

This contract adjustment represents a $195,000 change in city funds allocated to a demolition and wrecking vendor for the Department of Buildings.

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

financial connection90% confidence

Negative Contract Value

The contract is recorded with a negative dollar amount, suggesting a financial reversal or credit adjustment.

Connected Entities

Sources

Open source document

data.cityofchicago.org

Analysis Score

0–100
  • Significance30
    How much this matters to a regular citizen
  • Controversy10
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz5
    Current news / social attention level

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