Illinois BidBuy #27-360IOC-IOC36-B-54038

Award Notice: 5-Year Lease Renewal for Illinois Office of the Comptroller

This award notice details the renewal of a real estate lease for the Illinois Office of the Comptroller: - Government Buyer: - Illinois Office of the Comptroller (IOC) - Vendor: - Springfield 325 LLC - Products/Services Requested: - Office space rental at 325 W. Adams Street, Springfield, IL - NIGP code 97145 (Office Space Rental or Lease) - Renewal term: 5 years - Total contract value: $6,873,996.32 - Unique/Notable Requirements: - No electronic quotes permitted - Renewal is in accordance with the terms of the existing contract - No Business Enterprise Program (BEP) or Veterans Business Program (VBP) utilization required - No set-aside requirements - OEMs: - Not applicable (real estate lease, not manufactured goods) - Lease covers continued occupancy for IOC operations at the specified address.

Description

This notice is for the renewal of a real estate lease contract for office space rental or lease. The renewal term is for 5 years, from October 1, 2026, to September 30, 2031. The contract is a renewal of a previous contract with a total renewal amount of $6,873,996.32. No electronic quotes are allowed as this is not a solicitation but a renewal notice.

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