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  5. ›300 FW Kankakee FWA LaPorte Units Farm Lease

Indiana Natural Resources·Indiana

300 FW Kankakee FWA LaPorte Units Farm Lease

Closes 10/19/2026$50k – $150kRequest for Quotation
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Description

The State of Indiana, through its Natural Resources agency, is seeking qualified bidders to lease approximately 125 acres of farmland within the Kankakee Floodway (FWA) LaPorte Units. The lease will be awarded to the lowest responsive and responsible bidder, with all bids required to be submitted by October 19, 2026. Bids must be emailed or faxed to the designated contact and are not eligible for electronic submission via the Supplier Portal. Prices must remain valid for 30 days after the deadline and include all charges, fees, and shipping. • Lease of ~125 acres of agricultural land in Kankakee FWA LaPorte Units • RFQ (Request for Quotation) – lowest‑price award • Submission deadline: 10/19/2026 10:00 AM EST • Bids via email ([email protected]) or fax (317‑972‑3275) • No electronic portal submission • Prices must be firm for 30 days post‑deadline • Questions due at least 7 days before deadline.

Attached files

Contact

Jen Reeves

[email protected]

(317) 972-3275

Key dates

Opened
9/15/2026
Closes
10/19/2026

Last updated

Details

Type
Request for Quotation
Industry
Agriculture
NAICS
531130
Solicitation №
003000000088553

Budget estimate

$50,000 – $150,000

The solicitation does not disclose a lease payment amount. Based on typical market rates for Indiana farmland (approximately $4,000‑$12,000 per acre per year for productive cropland), a 125‑acre lease could generate roughly $500,000 to $1,500,000 annually. However, because this is a lease rather than a purchase and the contract may be for a shorter term or include additional service fees, a conservative estimate for the total contract value is $50,000‑$150,000. Factors influencing the final budget include lease term length, land quality, and any required improvements or management services.

AI estimate from the solicitation

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