Illinois BidBuy #27-422DNR-DIREC-B-54394

Economic impact reports for Illinois historic preservation tax credit programs

The Illinois Department of Natural Resources is seeking economic impact reports on two state historic tax credit programs for calendar years 2026 and 2028. - Government buyer: Illinois Department of Natural Resources (IDNR), through its Office of Realty and Capital Planning and Statewide Operations Division; the State Historic Preservation Office administers the programs. - Requested service: Prepare economic impact reports for the Illinois Historic Preservation Tax Credit (IL-HTC) and River Edge Historic Tax Credit (RE-HTC) programs. The solicitation lists one consulting-services line item; further deliverable details are not provided. - Programs covered: IL-HTC supports certified historic rehabilitation, with a credit of 25% of eligible costs subject to a per-project cap. RE-HTC provides a 25% credit for qualifying projects in River Edge Redevelopment Zones. - Reference examples in the attachments: Minnesota projects include The Cove Apartments, Simon Warehouse Lofts, Latsch & Son Building, Copham Building, The Confluence Hotel and Missis Sip & Savor, and Bimosedaa. Illinois examples include the Ramova Theater and Illinois State Bank of Quincy rehabilitation. - Named provider: PlaceEconomics is cited as a provider of prior reports, not as a bidder or confirmed vendor for this opportunity. No OEMs or proposed vendors are identified. - Notable procurement requirement: A 7% Business Enterprise Program participation goal applies. Award is based on the lowest-priced responsive and responsible bid. - Performance period and value: Reports cover calendar years 2026 and 2028; contract duration, start and end dates, and estimated value are not stated.

Description

The Illinois Department of Natural Resources seeks a vendor to develop economic impact reports for the Illinois Historic Preservation Tax Credit program and the River Edge Historic Tax Credit program. The reports will cover calendar years 2026 and 2028. The posting refers bidders to the contract and attachments for further details. Bids are submitted electronically through BidBuy, and a BEP Utilization Plan is required; the stated BEP participation goal is 7%.

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