Tenders/L-12064 / lease
Awarded🇺🇸United StatesServices

L-12064 / lease

City of Chicago
Published: Feb 21, 2024
Updated: Jun 19, 2026
Source: chicago_contracts

About This Opportunity

L-12064 / lease — services contract awarded in United States by City of Chicago. Awarded to 627 ALBANY PORTFOLIO LLC (USD 336K, Feb 2024).

This is a services contract in the construction and civil works and urban development and housing sectors, with a focus on Real Estate. Located in United States, North America, this opportunity is open to firms and consortiums, with an estimated budget of USD 335,699.

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.

Description

This tender, identified as L-12064 / LEASE, originates from the United States and is being managed by the Chicago Contracts database. The contracting authority is seeking proposals for a PROPERTY LEASE.

This procurement represents an opportunity for entities with suitable real estate holdings to engage in a contractual agreement for leasing property.

The nature of the requirement suggests that the contracting authority is looking to secure space for its operations, which could encompass office facilities, storage, or other operational needs. Typical requirements for a property lease tender of this nature would include detailed specifications regarding the property's location, size, and any specific features or amenities required. Bidders are generally expected to demonstrate their capacity to provide a secure, accessible, and compliant property that meets the operational demands of the contracting authority. This may involve submitting comprehensive property details, including floor plans, zoning information, and proof of ownership or management rights. Furthermore, proposals often need to address lease terms, including duration, rental rates, maintenance responsibilities, and any necessary build-out or renovation provisions. The contracting authority will likely evaluate proposals based on a combination of factors, including cost-effectiveness, property suitability, and the vendor's overall capability and reliability. This tender is specifically related to a lease agreement, indicating a need for temporary or long-term use of property rather than outright purchase.

Data provenance

This notice is sourced from Chicago Contracts and was originally published on February 21, 2024. Last refreshed 5 days ago. BidsFactory mirrors official procurement notices and links back to the source for full legal text.

About City of Chicago

City of Chicago has issued 1,915 procurement notices on BidsFactory, including 0 currently open and 1,915 awarded contracts. Activity concentrates in Health & Medical, Urban Development & Housing, and Finance & Banking. All notices are published for United States. Notices are distributed via Chicago Contracts. Most recent publication: June 12, 2026.

Frequently asked questions about this tender

Where will the contract be performed?

The contract is for delivery in United States. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.

How can I submit a bid?

Visit Chicago Contracts to access the full notice, required documents, and submission instructions provided by the contracting authority.

Is this tender still open?

No — the contract has already been awarded to 627 ALBANY PORTFOLIO LLC. The award notice is archived on BidsFactory for transparency and market intelligence.

Who is the contracting authority?

This notice was issued by City of Chicago in United States. The authority is responsible for evaluating bids, awarding the contract, and managing performance.

What type of contract is this?

This is a Services contract in the Construction & Civil Works sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.

How much was the contract awarded for?

627 ALBANY PORTFOLIO LLC was awarded the contract for $335,699. The figure reflects the value disclosed by the contracting authority in the award notice.

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Key Details

Estimated Budget
$335,699 - $335,699
Contract Type
Services
Eligibility
Firms / Consortiums
Language
English

Source

chicago_contracts
chicago_contracts
Official Source

Contracting Authority

City of Chicago
🇺🇸United States

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