LEASE - 2 N. LaSalle / North LaSalle Financial Assoc, LLC
Description
This tender, issued by the City of Chicago, United States, seeks proposals for a property lease. Specifically, the procurement concerns the leasing of office space located at 2 North LaSalle Street / North LaSalle Financial Associates, LLC. The contracting authority is seeking a vendor to provide these essential facilities through a property lease agreement.
This is a standard commercial real estate transaction where the City of Chicago, as the lessee, will occupy and utilize the designated property. Typical requirements for such tenders often include detailed specifications regarding the size and layout of the leased space, ensuring it meets the operational needs of the contracting authority. Prospective vendors are usually expected to demonstrate ownership or management rights over the property, and to provide evidence of their financial stability and capacity to enter into a long-term lease agreement.
Furthermore, the tender process will likely involve stringent evaluation criteria assessing factors such as rental rates, lease terms, building amenities, accessibility, security provisions, and the overall condition and suitability of the premises. Compliance with all relevant local, state, and federal regulations concerning commercial property leases will be a mandatory requirement. The successful vendor will be responsible for maintaining the property in good condition throughout the lease term, as stipulated in the contractual agreement.
This procurement represents an opportunity for property owners and managers in Chicago to offer their facilities to a major public sector client.
About This Opportunity
This is a services contract in the construction and civil works, information and communication technology and security and defense sectors, with a focus on Buildings. Located in United States, North America, this opportunity is open to firms and consortiums, with an estimated budget of USD 120,000.
Published through Chicago Contracts, a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for services in the construction and civil works sector. Service contracts are typically evaluated on both technical quality and price, and may require bidders to demonstrate relevant experience and qualified personnel. This contract has already been awarded. The information is published for transparency and market intelligence purposes.