City Hall is asking contractors to cut the prices they’re charging the city by at least 3% for the next 12 months to help balance Chicago’s budget. The news, which surfaced late last week when letters ...

Amid a budget crunch and an uncertain economy, Chicago is asking city vendors to take a 3% haircut on their existing ...

This is the most indelicate way of implementing it.” He said vendors are under “no obligation” to reduce their invoices. He emphasized that he believed that particularly to be the case for ...