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  5. ›27AL2336 Pyramid State Park - Captain Unit Farm Lease

Awarded contract·Illinois DNR - Natural Resources·Illinois

27AL2336 Pyramid State Park - Captain Unit Farm Lease

$670kSingle Award
Contract source

Description

This contract awards a five‑year farm lease for approximately 300 acres of land within Pyramid State Park’s Captain Unit. The lease is revenue‑generating for the State and requires the lessee to manage all farming operations, provide equipment, comply with strict pesticide and soil‑health standards, and submit detailed chemical, seed, and yield reports each year. The State will pay the lessee a per‑acre rate (to be supplied by the vendor) and the lessee must guarantee payment of lease‑hold taxes and maintain appropriate liability insurance. The contract prohibits subcontracting, the use of neonicotinoid‑treated seed, and any activities that could harm the park’s wildlife habitat. • Lease term: March 1 2027 – Feb 28 2032 (5 years) • Acreage: 308.33 ac (2027) down to 288 ac (2028‑2029) up to 333.83 ac (2030) and 302.56 ac (2031) • Obligations: full farm management, annual soil‑testing, cover‑crop planting, detailed reporting, and insurance/tax guarantees.

Attached files

Key dates

Bids closed
11/12/2026
Starts
3/1/2027
Ends
2/28/2032Renews
Duration
5 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Agriculture
NAICS
531120
Solicitation №
27-422DNR-REALT-B-54168

Contract value

$670,000

The solicitation provides per‑acre value estimates: the State’s annual revenue from the lease ranges from about $42‑$49 k, while the vendor’s estimated annual revenue is roughly $116‑$140 k. Summing the vendor‑side figures across the five lease years yields an approximate total of $660,000‑$700,000. Assuming a modest negotiation margin and the fact that the per‑acre rate is to be supplied by the winning vendor, a reasonable ball‑park contract value is about $670,000.

AI estimate from the award documents

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