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Awarded contract·McHenry County·Illinois

Enterprise Zone Administration Services

Won by McHenry County Economic Development Corporation$700kSingle Award
Contract source

Awarded vendors

  • McHenry County Economic Development Corporation

Description

This contract provides for the full‑service administration of the McHenry County Enterprise Zone, encompassing governance support, data management, reporting, stakeholder outreach, and compliance with state enterprise‑zone requirements. The award is a two‑year, fixed‑price service agreement to be performed by the McHenry County Economic Development Corporation. • Core duties include board governance assistance, quarterly reporting, and coordination of tax‑abatement and incentive applications. • The contractor must maintain data backups, manage relationships with local businesses, and ensure compliance with DCEO and IDOR reporting rules. • The contract is valued on a firm‑fixed‑price basis for Year 1 (May 1 2023‑Nov 30 2023) and Year 2 (Dec 1 2023‑Nov 30 2024) with proposals required to be submitted by May 3 2023.

Attached files

Key dates

Bids closed
5/3/2023
Contract modified
4/4/2023
Starts
5/1/2023
Ends
11/30/2024
Duration
19 months

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Consulting Services
NAICS
541611
Solicitation №
23-6116 RFP

Contract value

$700,000

No explicit dollar amount is disclosed. Based on comparable enterprise‑zone administration contracts in Illinois, a two‑year service agreement for a county‑wide zone typically ranges from $250k to $400k per year, depending on staff levels, reporting requirements, and outreach activities. Assuming a mid‑point of $350,000 annually yields an estimated total contract value of roughly $700,000 for the full two‑year term. This estimate accounts for the need for a dedicated administrator, data‑management resources, and quarterly reporting deliverables.

AI estimate from the award documents

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