5602 NOA~1.pdf

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Attached to
Blanket Method of Source Selection - other IL|26-416CMS-LEAS4-P-85607
Contract number
26-416CMS-LEAS4-P-85607
Issued by
Illinois

About this file

This document is a Notice of Award Leasing issued by the State of Illinois Chief Procurement Office for General Services. The lease involves the agencies HFS (Healthcare and Family Services) and DCFS (Department of Children and Family Services), with Watermark Equity LLC selected as the awarded vendor for a property located at 2200 Churchill Road in Springfield, Illinois.

The contract is for a 5-year lease extension from September 1, 2025, to August 31, 2030, with a total initial award amount of $8,508,072.72. The lease includes a renewal term of an additional 5 years, with a projected value of $9,246,393.96. The procurement method is noted as being determined to be in the best interest of the state. No specific Business Enterprise Program (BEP) or Veterans Business Program (VBP) utilization goals were identified in this award. The lease was processed through alternative methods of source selection under 30 ILCS 500/40-15 (b), with the extension deemed beneficial to the state's interests.

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Text version

Notice of Award Leasing

State of Illinois Chief Procurement Office for General Services Notice of Award Leasing v.25.2

Agency and Awarded Vendor Information

Lease Number: L5602 Location: 2200 Churchill Road, Springfield

Bid Number: 26-416CMS-LEAS4-B-48582 Agency: HFS and DCFS

Vendor Selected for Award: Watermark Equity LLC

Line Item Description: 5 year extension from 9/1/2025 - 8/31/2030

Total Award Amount: 8,508,072.72 Number of unsuccessful respondents:

Terms (Add Renewal Terms as appropriate) Length Value

Initial Term 5 years 8,508,072.72

Renewal Term 5 years 9,246,393.96

Business Enterprise Program/Veterans Business Program

Awarded bidder/offeror BEP/VBP Utilization Plan Goals 30 ILCS 575/7 (6)

% of VBP Per Utilization Plan: n/a % of BEP Per Utilization Plan: n/a

List each bidder or offeror's name

Total bid amount

The name(s) of the certified BEP firm(s) identified in the bidder's or offeror's submitted utilization plan

The bid's Amount awarded to certified BEP firms identified in the utilization plan

The Percentage of the bid's amount awarded to certified BEP firms identified in the utilization plan

Add Row Delete Row

Agency Contact

Contact Name: Amanda Maddox-Wenthe Telephone Number: 217-299-1215

Email Address: amanda.maddox-wenthe@illinois.gov Fax Number:

Street Address: 313 S. 6th St, Suite 240 City: Springfield

State: IL Zip Code: 62701

State of Illinois Chief Procurement Office for General Services Notice of Award Leasing v.25.2

SPO Written Determination for Contract Award Decision

Request for Information Leasing - This contract was procured through the request for information for leasing process, and the contract has been awarded in accordance with 30 ILCS 500/40-20.

Other methods - Method of source selection 30 ILCS 500/40-15 (b).

Property of less than 10,000 square feet with rent of less than $200,000 per year.

Duration of less than one year that cannot be renewed.

Specialized space only available at one location.

Extension determined to be in the best interest of the state.

Renewal in accordance with the terms of the existing contract.

Signature: Date: Aug 1, 2025

State of Illinois Chief Procurement Office for General Services Notice of Award Leasing v.25.2 Page of Agency and Awarded Vendor Information Terms (Add Renewal Terms as appropriate) Length Value Initial Term Business Enterprise Program/Veterans Business Program Awarded bidder/offeror BEP/VBP Utilization Plan Goals 30 ILCS 575/7 (6) List each bidder or offeror's name Total bid amount The name(s) of the certified BEP firm(s) identified in the bidder's or offeror's submitted utilization plan The bid's Amount awarded to certified BEP firms identified in the utilization plan The Percentage of the bid's amount awarded to certified BEP firms identified in the utilization plan Agency Contact SPO Written Determination for Contract Award Decision 11.0.0.20130303.1.892433.887364

CurrentPage:
PageCount:
DESCRIPTION: L5602
LOCATION: 2200 Churchill Road, Springfield
BIDNUMBER: 26-416CMS-LEAS4-B-48582
AGENCY: HFS and DCFS
VENDORSELECTED: Watermark Equity LLC
LINEITEMDESCRIPTION: 5 year extension from 9/1/2025 - 8/31/2030
TotalAwardAmt: 8,508,072.72
TextField20:
TextField14: 5 years
TextField15: 8,508,072.72
TextField19: Renewal Term
TextField17: 5 years
TextField18: 9,246,393.96
PERCENTVBPUPLAN: n/a
PERCENTBEPUPLAN: n/a
TextField5:
TextField6:
TextField7:
TextField8:
TextField21:
Add:
Delete:
ContactName: Amanda Maddox-Wenthe
Telephone: 217-299-1215
email: amanda.maddox-wenthe@illinois.gov
fax:
Street: 313 S. 6th St, Suite 240
City: Springfield
State: IL
Zip: 62701
CheckBox3: 0
CheckBox5: 1
CheckBox6: 0
CheckBox7: 0
CheckBox8: 0
CheckBox9: 1
CheckBox10: 0
SignatureField1:
DateField1: 2025-08-01

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