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  5. ›JPMC Chicago Parking Zones 1, 2, 3

Illinois CMS - Central Management Services·Illinois

JPMC Chicago Parking Zones 1, 2, 3

Closes 1/6/2026$25M – $60MInvitation for Bid
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Description

The State of Illinois is seeking bids for a joint purchase master contract for Chicago Parking Zones 1, 2, and 3. The contract will be for a 5-year term, and the State requires a guaranteed availability of a certain number of secured State-paid parking spaces in each zone. Bidders will need to enter the unit cost of State-paid monthly rate per parking space for the initial 5-year term, as well as the number of spaces available at each multi-level garage or surface lot within the zone. The following are key points about this opportunity: • The contract is for parking spaces in a parking lot or garage, rental or lease, with NIGP code 971-55. • The State requires a guaranteed availability of 85 secured State-paid parking spaces in Zone 1, 300 in Zone 2, and 120 in Zone 3. • Bidders will need to provide information on the number of spaces available at each multi-level garage or surface lot within the zone. • The contract will be for a 5-year term, with an option for renewal. • The State is seeking bids from qualified vendors who can provide the required parking spaces.

Attached files

Contact

Magdalena Toussaint(Purchaser)

(866)455-2897

Key dates

Opened
11/14/2025
Closes
1/6/2026
Duration
5 years

Last updated

Details

Type
Invitation for Bid
Industry
Transportation and Public Transit
NAICS
812930
Solicitation №
26-416CMS-BOSS4-B-49332

Budget estimate

$25,000,000 – $60,000,000

The budget for this contract can be estimated based on the number of parking spaces required and the unit cost per space. Assuming an average unit cost of $100-200 per space per month, the total annual cost for the required spaces would be approximately $1-4 million per year for Zone 1, $3-6 million per year for Zone 2, and $1-2 million per year for Zone 3, depending on the actual unit cost. Over the 5-year term of the contract, the total budget would be approximately $5-20 million for Zone 1, $15-30 million for Zone 2, and $5-10 million for Zone 3. Therefore, the total budget for the contract would be in the range of $25-60 million.

AI estimate from the solicitation

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