Lease Award for Department of Commerce and Economic Opportunity, Springfield

Background

The Department of Commerce and Economic Opportunity (DCEO) in the City of Springfield is responsible for promoting economic growth and development. This contract pertains to a lease award aimed at fulfilling the agency's operational needs. The awarded vendor is EMS Midwest, LLC, selected to provide leasing services for a specified location.

Work Details

The contract involves leasing office space located at 1020 S Spring St, Springfield, IL 62704. The lease number is 6872, with a total award amount of $1,260,450.18. The lease has an initial term of 60 months valued at $583,785.40 and a renewal term of an additional 60 months valued at $676,664.78.

Period of Performance

The contract will be performed over a total period of 120 months, consisting of an initial term of 60 months followed by a renewal term of another 60 months.

Place of Performance

The geographic location for the performance of this contract is Springfield, Illinois, specifically at the address 1020 S Spring St.

Bidder Requirements

There are no specific set-aside certifications or requirements mentioned for this contract. The awarded vendor does not have any stated utilization plan goals for the Business Enterprise Program (BEP) or Veterans Business Program (VBP).