on behalf of mayor and chief procurement officer …...tracking contract payments: what you need to...
TRANSCRIPT
![Page 1: On behalf of Mayor And Chief Procurement Officer …...Tracking Contract Payments: What You Need To Know City of Chicago Department of Procurement Services • Roles and responsibilities](https://reader035.vdocument.in/reader035/viewer/2022062605/5fcdc04510202b5fd01cedb3/html5/thumbnails/1.jpg)
City of Chicago
Department of Procurement Services
On behalf of
Mayor Lori E. Lightfoot
And
Chief Procurement OfficerShannon E. Andrews
Welcome to The City of Chicago
Department of Procurement Services
Informational Workshop
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City of Chicago
Department of Procurement Services
Tracking Contract Payments:
What You Need To Know
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City of Chicago
Department of Procurement Services
• Roles and responsibilities of the primes and
subcontractors for reporting payments
• Email notification process
• Importance of subcontractor payment
confirmations
• Payment Discrepancies
• Who to contact when assistance is needed
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City of Chicago
Department of Procurement Services
The Compliance Audit Process:
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City of Chicago
Department of Procurement Services
Step 1: Prime Contractor Login to Dashboard
Go to: https://chicago.diversitycompliance.com
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City of Chicago
Department of Procurement Services
Step 2: Prime Contractor Clicks Incomplete Audits
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City of Chicago
Department of Procurement Services
Step 3: Prime Contractor Reports
Subcontractor Payments
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City of Chicago
Department of Procurement Services
Step 4: Prime Contractor Submit All Sub
Payments
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City of Chicago
Department of Procurement Services
Or Step 4: Prime Contractor Submit
Payments Individually
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City of Chicago
Department of Procurement Services
Step 5: Subcontractor Completes
Incomplete Audits
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City of Chicago
Department of Procurement Services
Step 6: Subcontractor Responds to Prime’s
Payment Amounts
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City of Chicago
Department of Procurement Services
Payment Discrepancy
• If a prime contractor and subcontractor disagree on an amount paid, the
system creates a discrepancy.
• The system sends an email message to the vendors to notify them of the
issue and request they self‐resolve the discrepancy.
• If they are unable to resolve the discrepancy, the Contract Compliance
Officer (CCO) may be required to take action by completing an investigation
and obtaining proof of payment documentation from both the prime and
subcontractor such canceled checks, invoices, bank statements, etc.
• Timing of the billing cycle and payment reporting are the two most
common causes of discrepancies.
• When both parties agree to a resolution, they can complete the process
themselves, or the CCO can finish the discrepancy resolution by completing
the necessary steps in C2.
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City of Chicago
Department of Procurement Services
Want More Information? Check out….
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City of Chicago
Department of Procurement Services
Questions?
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City of Chicago
Department of Procurement Services
Thank You For AttendingFor more information visit: www.cityofchicago.org/procurement
City of ChicagoDepartment of Procurement Services
121 North LaSalle Room 806312-744-4900