Description
The State of Illinois - Central Management Services (CMS) is seeking to lease office space in East Peoria. The lease will be for a period of 10 years, with an initial term of 5 years and a renewal term of 5 years. The total award amount is $482,820. The successful bidder will be required to provide 2000 sf of office space.
• The lease is for a property of less than 10,000 square feet with rent of less than $200,000 per year.
• The contract was procured through the request for information for leasing process.
• The contract has been awarded in accordance with 30 ILCS 500/40-20.
• The contract is for a specialized space only available at one location.