L-12064 / lease
About This Opportunity
Services contract award: L-12064 / lease. By City of Chicago in United States, construction & civil works. Awarded to 627 ALBANY PORTFOLIO LLC (USD 19K, Nov.
This is a services contract in the construction and civil works, security and defense and urban development and housing sectors, with a focus on Buildings and Real Estate. Located in United States, North America, this opportunity is open to firms and consortiums, with an estimated budget of USD 18,985.
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, is issued by an unspecified department within the United States, with procurement activities managed through the chicago_contracts platform. The contract type is explicitly stated as a property lease, indicating a requirement for the acquisition of real estate for an extended period. While the vendor 627 ALBANY PORTFOLIO LLC is listed, this tender likely represents a competitive bidding process to secure the most advantageous lease terms and property that meets the contracting authority's operational needs.
The procurement seeks to identify and secure suitable commercial or industrial property through a lease agreement. Typical requirements for such tenders would involve detailed specifications regarding the property's size, location, zoning, condition, and any necessary modifications or fit-outs. Bidders would be expected to demonstrate their capacity to provide a secure, functional, and compliant leased space, potentially including aspects like building security, maintenance services, and adherence to relevant building codes and environmental regulations. The evaluation criteria would likely focus on factors such as rental cost, lease duration, the suitability of the premises for the intended use, and the bidder's financial stability and experience in property leasing. This opportunity is crucial for the contracting authority to establish or expand its physical presence in a strategic location within the United States.
Data provenance
This notice is sourced from Chicago Contracts and was originally published on November 20, 2023. Last refreshed 3 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 โ 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 $18,985. The figure reflects the value disclosed by the contracting authority in the award notice.
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