LEASE
About This Opportunity
Services contract awarded by City of Chicago (United States): LEASE. urban development. Awarded to FLEET PORTFOLIO VENTURE LLC (USD 131K, Sep 2020).
This is a services contract in the urban development and housing and finance and banking sectors, with a focus on Housing and Real Estate. Located in United States, North America, this opportunity is open to firms and consortiums, with an estimated budget of USD 130,903.
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 urban development and housing 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 seeks proposals for a property lease within the United States, specifically managed by the City of Chicago. The contracting authority, likely a department within the City of Chicago, is looking to secure suitable premises through a long-term lease agreement. The procurement type is clearly defined as a property lease, indicating the need for dedicated commercial or office space. While specific space requirements, such as square footage, location within Chicago, or desired amenities, are not detailed in the provided information, typical requirements for such a lease would encompass the provision of a safe, functional, and compliant building. This often includes adherence to building codes, accessibility standards, and potentially specific security features depending on the intended use. Prospective vendors are expected to demonstrate their capacity to offer properties that meet the City's operational needs and budgetary considerations. The contract type being a lease implies that the selected vendor will be responsible for the property itself, including its maintenance and upkeep, while the City will occupy and utilize the space. Further details regarding the lease term, renewal options, and any specific performance indicators would typically be outlined in the full tender documentation. Interested parties should review the complete tender package for comprehensive specifications and submission guidelines.
Data provenance
This notice is sourced from Chicago Contracts and was originally published on September 22, 2020. Last refreshed 2 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 FLEET PORTFOLIO VENTURE 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 Urban Development & Housing sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.
How much was the contract awarded for?
FLEET PORTFOLIO VENTURE LLC was awarded the contract for $130,903. The figure reflects the value disclosed by the contracting authority in the award notice.
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