Description
The State of Illinois, Department of Natural Resources, is leasing approximately 120 acres of agricultural land at Shabbona Lake State Park for five consecutive crop years (2027‑2031). The lease is awarded to the highest‑priced, responsible bidder, who must provide all farm operations, equipment, and compliance with strict pesticide and soil‑health requirements. The lessee must secure a cash rent or an irrevocable letter of credit, pay annual lease‑hold taxes, and submit detailed chemical, seed, and yield logs each year. The contract prohibits double‑cropping, use of neonicotinoid‑treated soybean seed, Dicamba, and biosolids, and limits certain tillage practices.
• Lease of ~120 acres per year with per‑acre pricing (approx. $103/acre) – total vendor revenue roughly $115‑$120 k annually.
• Mandatory pre‑bid conference (Oct 20 2026) for clarification; no site visit required.
• Vendor must provide insurance, maintain records for 3‑5 years, and comply with Illinois procurement and environmental statutes.
• Contract term: March 1 2027 – Feb 28 2032 (5 years), with annual rent payments due July 15 and December 15, and strict tax‑payment guarantees.