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  5. ›300 SP Concession Opportunity Monroe Lake

Indiana Natural Resources·Indiana

300 SP Concession Opportunity Monroe Lake

Closes today$2M – $4MRequest for Quotation
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Description

This solicitation seeks qualified vendors to operate a four‑year concession at Monroe Lake State Park, providing non‑motorized boat rentals (e.g., canoes, kayaks, paddleboards) and operating a beach‑side retail shop selling snacks, beverages, and basic beach supplies. The successful concessionaire will manage all aspects of the operations, including staffing, equipment maintenance, inventory control, customer service, compliance with state regulations, and revenue reporting. The contract is expected to commence May 1 2027, with a total duration of four years. Bids must be submitted by November 2 2026, and all quoted prices must remain valid for 30 days after that date. • Scope: Non‑motorized boat rental fleet (purchase/maintenance, safety checks, rental transactions) and beach shop retail operations. • Contract length: 4 years, with a May 1 2027 start date. • Location: Monroe Lake State Park, Indiana. • Submission deadline: 11/02/2026 4:00 PM EST (electronic email/fax, not through portal). • Question deadline: at least 7 days before submission (by 10/26/2026). • Required pricing validity: 30 calendar days post‑deadline. • Contact: Angela Settles ([email protected], (317) 972‑3275).

Attached files

Contact

Angela Settles

[email protected]

(317) 972-3275

Key dates

Opened
9/4/2026
Questions due
10/26/2026
Closes
11/2/2026
Projected award
5/1/2027
Duration
4 years

Last updated

Details

Type
Request for Quotation
Industry
Hospitality and Tourism
NAICS
713990
Solicitation №
003000000088462

Budget estimate

$2,000,000 – $4,000,000

Based on comparable state‑park concessions, a four‑year boat‑rental and beach‑shop operation at a popular lake can generate roughly $500 K to $1 M in annual gross revenue, after accounting for equipment costs, staffing, and seasonal fluctuations. Over the 4‑year term, total contract value (including revenue share or lease payments to the state) is likely in the $2 M‑$4 M range. The estimate assumes moderate visitor traffic, a fleet of 30‑40 rental units, and a modest retail footprint.

AI estimate from the solicitation

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