Request for Lease Proposal- Peoria, IL

The General Services Administration Public Buildings Service Region 5 issued a Request for Lease Proposals to lease approximately 5,000 to 5,500 ABOA square feet of office space in Peoria, Illinois. The solicitation requires a minimum 15 year firm term for the lease with options to renew. Pricing must be provided for shell rent, operating costs, tenant improvements set at $64.51 per ABOA SF, building specific security costs ranging from $2.00 to $12.00 per ABOA SF, and fees for architectural and engineering design and project management services. Proposals will be evaluated based on a present value price evaluation with award made to the responsible offeror submitting the lowest priced technically acceptable offer. Proposals are due no later than March 7, 2024.

There is no set-aside designation for this requirement. The NAICS code is 531120 for lessors of nonresidential buildings, except miniwarehouses, and the PSC code is J019 for lease of office space. The solicitation is for a single lease with a minimum of 5,000 ABOA SF and 11 surface parking spaces to be located in Peoria, Illinois 61602. The period of performance is a minimum 15 year firm term.