FINANCIAL_SERVICESAPPROVED

City Colleges Of Chicago-Richard J Daley College Awards Financial Services Contract to J.p. Morgan Chase Bank N.a. (June 2026)

City Colleges of Chicago approved a professional services agreement with J.P. Morgan Chase Bank, N.A. to provide district-wide merchant card processing services from July 1, 2026 through June 30, 2028 for an amount not to exceed $12,000. The contract covers secure, PCI-compliant credit card authorizations, settlements, and fund deposits within 48 hours to CCC depository accounts.

Document date · June 4, 2026

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Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $12,000 (Total: $12,000)
Contract type
FINANCIAL_SERVICES
Contract term
July 1, 2026 through June 30, 2028
Renewal date
2028-06-30
Renewal
Agreement runs from July 1, 2026 through June 30, 2028; any expenditures beyond the current fiscal year are subject to appropriation in subsequent fiscal years, per contingent liability clause. No explicit renewal or extension options are stated in the report.
Document type
Report
Source document
City Colleges of Chicago Board Report Merchant Services Agreement 2026-06-04

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City Colleges Of Chicago-Richard J Daley College?

J.p. Morgan Chase Bank N.a. was awarded this financial services contract by City Colleges Of Chicago-Richard J Daley College, as recorded on June 4, 2026. The contract value is Not to exceed $12,000 (Total: $12,000).

How much is the J.p. Morgan Chase Bank N.a. contract with City Colleges Of Chicago-Richard J Daley College worth?

The J.p. Morgan Chase Bank N.a. contract with City Colleges Of Chicago-Richard J Daley College is valued at Not to exceed $12,000 (Total: $12,000), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City Colleges of Chicago Board Report Merchant Services Agreement 2026-06-04 (Report), dated June 4, 2026 from City Colleges Of Chicago-Richard J Daley College. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does J.p. Morgan Chase Bank N.a. hold?

J.p. Morgan Chase Bank N.a. may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View J.p. Morgan Chase Bank N.a.'s profile

What is City Colleges Of Chicago-Richard J Daley College currently buying?

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