Mayor Rahm Emanuel Thursday announced a partnership with the financial consulting firm Accenture LLP that he says will save the city a bundle of money.
The company -- which is headquartered in Chicago -- will pore over more than $500 million in city contracts to find effeciencies.
Emanuel says they will save the city more than $25 million over the next two year. And he's got a built in fail safe.
"They won't get paid just because they identify the savings," Emanuel said. "They dont' see any value until the tax payers see the value. When it falls to our bottom line for the tax payers. In the past it was identify. This is a new contract."
Accenture already has a deal in place with Cook County. Emanuel said he and Cook County Board President Toni Preckwinkle will work together to see where they can eliminate redundant contracts between the county and the city.