Tenders/LEASE

LEASE

City of Chicago
Published: Feb 25, 2025
Updated: Jun 22, 2026
Source: chicago_contracts

About This Opportunity

United States contract award (construction & civil works): LEASE. By City of Chicago. Awarded to Cumberland Acquisition LLC (USD 190K, Feb 2025).

This is a services contract in the construction and civil works, urban development and housing and Monitoring Evaluation 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 189,750.

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 seeks proposals for a property lease within the United States, specifically managed by an authority in Chicago. The contracting authority is looking to secure suitable premises through a lease agreement, indicating a need for real estate solutions rather than direct purchase or construction.

The scope of this procurement encompasses the leasing of commercial or office space, potentially for departmental operations or administrative functions.

Typical requirements for such a property lease tender would involve detailed specifications regarding the size, layout, and amenities of the required space. Bidders are expected to demonstrate their ability to provide suitable locations that meet the operational needs of the contracting authority, which may include proximity to key infrastructure, accessibility for staff and visitors, and adherence to relevant building codes and safety regulations. The lease duration, rental terms, and any associated service charges or maintenance responsibilities will be critical components of the tender evaluation. Furthermore, vendors will likely need to provide evidence of financial stability and experience in managing commercial property leases.

This procurement represents an opportunity for property owners and real estate management firms to engage with a public sector entity and offer their leased properties. The specific location within Chicago and the precise departmental requirements will be further detailed in the full tender documentation.

Data provenance

This notice is sourced from Chicago Contracts and was originally published on February 25, 2025. Last refreshed 1 day 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

How much was the contract awarded for?

Cumberland Acquisition LLC was awarded the contract for $189,750. The figure reflects the value disclosed by the contracting authority in the award notice.

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 Cumberland Acquisition 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.

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Key Details

Estimated Budget
$189,750 - $189,750
Contract Type
Services
Eligibility
Firms / Consortiums
Language
English

Source

chicago_contracts
chicago_contracts
Official Source

Contracting Authority

City of Chicago
๐Ÿ‡บ๐Ÿ‡ธUnited States

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