L-19048 / 6348 S. Archer
Description
This tender seeks proposals for a property lease, identified under reference L-19048 / 6348 S. Archer. The procurement is being managed by the City of Chicago, United States, as indicated by the source "chicago_contracts". This represents an opportunity for entities specializing in commercial real estate to engage in a lease agreement with a municipal authority. The contract type specified is "PROPERTY LEASE," suggesting a requirement for the provision of suitable real estate for public sector use.
While specific details regarding the property's size, intended use, lease duration, or required specifications are not explicitly provided in the available information, typical requirements for such property lease tenders often include detailed site plans, evidence of ownership or authorized leasing rights, compliance with local zoning and building codes, and potentially environmental impact assessments. Interested vendors are usually expected to demonstrate financial stability, relevant experience in managing and leasing commercial properties, and the capacity to meet the contracting authority's operational needs. The awarded vendor, INFINITY CF, LLC, suggests a previous or ongoing relationship, but this tender likely represents a new procurement process or an extension opportunity. Further details regarding the bidding process, submission deadlines, and evaluation criteria would be available through the official tender portal or directly from the contracting authority.
About This Opportunity
This is a services contract in the urban development and housing, construction and civil works and Monitoring Evaluation sectors, with a focus on Buildings, Municipal Services and Real Estate. Located in United States, North America, this opportunity is open to firms and consortiums, with an estimated budget of USD 139,694.
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.