IDNR - Argyle Lake Kayak Concession
Active Open Market Competitive Sealed Bidding Illinois Awarded
- Contract number
- 26-422DNR-REALT-P-96733
- Awardee
- Rent.Fun LLC
- Contracting organization
- Office of Realty and Capital Planning
- Contract amount
- $1,475
Award facts
- Completion date
- NIGP code
Award details come from bidbuy.illinois.gov. Updated .
About this award
The Illinois Department of Natural Resources (IDNR), through its Office of Realty and Capital Planning, awarded a competitive sealed bid contract to Rent.Fun LLC (Vendor ID V00039677) for operation of a kayak concession at Argyle Lake. The contract was executed on May 29, 2026, with a performance period extending through December 31, 2030. The total contract value is $1,475.00, representing annual rent payments across three years of the initial contract term.
Under the terms of this concession agreement, Rent.Fun LLC is responsible for annual rent obligations at Argyle Lake, with escalating payments of $125 in 2026, $150 in 2027, and $150 in 2028. The contract structure reflects the Illinois Department of Natural Resources' standard approach to concession agreements, whereby the contractor operates the recreational kayak services while remitting specified annual rent payments to the state. The award was issued through open market competitive sealed bidding procedures, ensuring compliance with state procurement regulations.
Line items
| Item | Total |
|---|---|
| Argyle Lake Kayak Concession, Initial Term, Year 1, 2026. Item is annual rent payment. IDNR anticipates that a fair annual rent payment shall be no less than $0 for the first year of the contract. | $125.00 |
| Argyle Lake Kayak Concession, Initial Term, Year 2, 2027. Item is annual rent payment. IDNR anticipates that a fair annual rent payment shall be no less than $100. | $150.00 |
| Argyle Lake Kayak Concession, Initial Term, Year 3, 2028. Item is annual rent payment. IDNR anticipates that a fair annual rent payment shall be no less than $100. | $150.00 |
| Argyle Lake Kayak Concession, Initial Term, Year 4, 2029. Item is annual rent payment. IDNR anticipates that a fair annual rent payment shall be no less than $100. | $150.00 |
| Argyle Lake Kayak Concession, Initial Term, Year 5, 2030. Item is annual rent payment. IDNR anticipates that a fair annual rent payment shall be no less than $100. | $150.00 |
| Argyle Lake Kayak Concession, Renewal Term 1, Year 6, 2031. Item is annual rent payment. IDNR anticipates that a fair annual rent payment shall be no less than $100. | $150.00 |
| Argyle Lake Kayak Concession, Renewal Term 1, Year 7, 2032. Item is annual rent payment. IDNR anticipates that a fair annual rent payment shall be no less than $100. | $150.00 |
| Argyle Lake Kayak Concession, Renewal Term 1, Year 8, 2033. Item is annual rent payment. IDNR anticipates that a fair annual rent payment shall be no less than $100. | $150.00 |
| Argyle Lake Kayak Concession, Renewal Term 1, Year 9, 2034. Item is annual rent payment. IDNR anticipates that a fair annual rent payment shall be no less than $100. | $150.00 |
| Argyle Lake Kayak Concession, Renewal Term 1, Year 10, 2035. Item is annual rent payment. IDNR anticipates that a fair annual rent payment shall be no less than $100. | $150.00 |
Quick answers
Who was awarded contract 26-422DNR-REALT-P-96733?
Contract 26-422DNR-REALT-P-96733 was awarded to Rent.Fun LLC by Office of Realty and Capital Planning in Illinois on May 29, 2026.
How much is contract 26-422DNR-REALT-P-96733 worth?
Its contract amount is $1,475.
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