Description
The State of Illinois, Department of Children & Family Services, is seeking a vendor to provide office space rental or lease services. The lease is for 7,200 square feet of office space located at 1408 E. Martin Street, Olney, Illinois. The total award amount is $501,840.00, and the initial term is 5 years. The contract was awarded to Fehrenbacher LLC.
Some key points to consider include:
• The lease is for a specific location and has a set term and value.
• The contract was awarded through a request for information for leasing process.
• The contract has a specialized space only available at one location.
• The contract duration is less than one year, but it can be renewed.
• The contract was awarded in accordance with 30 ILCS 500/40-20.