Chicago Introduces 66th SomerCor Funding Amendment

Chicago introduced a sixty-sixth amending agreement with SomerCor 504, Inc. to increase funding for selected TIF areas, revise SBIF rules, and retain the firm for administrative services. The measure was referred to the City Council Finance Committee.

Document date · September 23, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

Sixty-sixth amendment to the existing SomerCor 504, Inc. administrative services agreement; specific renewal terms were not stated.

Document type

Agenda

Source document

City of Chicago Agenda Mayor's Introductions 2026-09-23

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City of Chicago Agenda Committee on Finance 2026-10-05

AMENDED

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City of Chicago Agenda Legislation Referred to Committees 2026-07-15

PENDING

City of Chicago, IllinoisJul 15, 2026

City of Chicago Committee on Finance Meeting Minutes June 18 2025

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Chicago Department of Aviation, IllinoisJun 18, 2025

Chicago City Council Regular Meeting Agenda June 18, 2025

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Chicago City Council Regular Meeting Agenda June 18, 2025

AMENDED

Chicago Department of Aviation, IllinoisJun 18, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Chicago?

Somercor 504 Inc was awarded this financial services contract by City of Chicago, as recorded on September 23, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Chicago Agenda Mayor's Introductions 2026-09-23 (Agenda), dated September 23, 2026 from City of Chicago. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Somercor 504 Inc hold?

Somercor 504 Inc 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 Somercor 504 Inc's profile

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