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  5. ›27AL2247 Jim Edgar Panther Creek S.F.W.A. Farm Lease

Illinois DNR - Natural Resources·Illinois

27AL2247 Jim Edgar Panther Creek S.F.W.A. Farm Lease

Closes 10/28/2026$1.2M – $2MInvitation for Bid
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Description

This solicitation seeks a qualified agricultural operator to lease approximately 830 acres of state‑owned land within the Jim Edgar Panther Creek State Fish & Wildlife Area for a five‑year period (2027‑2032). The lessee will be responsible for all farm operations, including planting, harvest, cover‑crop management, and compliance with strict environmental and pesticide restrictions. The State requires annual reporting of chemical and seed logs, soil‑testing results, and proof of lease‑hold tax payment, as well as appropriate liability insurance and an irrevocable Letter of Credit or pre‑payment. The contract awards are based on the highest‑priced responsible and responsive bidder, with a firm‑price lease rate per acre. • Lease of ~830 acres each year (2027‑2031) with annual per‑acre value estimated at $347.33. • Mandatory compliance with pesticide bans (neonicotinoid‑treated soy, Dicamba, biosolids) and required cover‑crop planting. • Annual reporting obligations: chemical application logs, seed logs, soil‑test data, and tax receipts by December 15 each year. • Financial guarantees: ½ of lease payment due July 15, balance by Dec 15; or an irrevocable Letter of Credit submitted within 30 days of contract execution.

Attached files

Contact

Melanie Dodd(Info Contact)

[email protected]

(217) 524-1308

Key dates

Opened
9/18/2026
Pre-bid meeting
10/6/2026
Closes
10/28/2026
Duration
5 years

Last updated

Details

Type
Invitation for Bid
Industry
Agriculture
NAICS
531120
Solicitation №
27-422DNR-REALT-B-54014

Budget estimate

$1,200,000 – $2,000,000

The solicitation does not disclose a total contract value, but the per‑acre lease value is estimated at $347.33. Multiplying by the average yearly acreage (~830 ac) yields roughly $288,000 per year. Over the five‑year term, the total expected payment to the lessee is approximately $1.4 million, plus any additional in‑kind service credits. Allowing for variations in acreage and potential service offsets, a reasonable estimate ranges from $1.2 million to $2 million.

AI estimate from the solicitation

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