JPMC SS-EF Chicago Parking 555 W. Monroe

The State of Illinois, through its Department of Central Management Services (CMS), is seeking a sole source contract for up to 120 parking spaces within a 2-3 block radius of the 555 W. Monroe location in Chicago. The parking spaces will be available to state agencies, boards, commissions, and the General Assembly on an as-needed basis. The contract term is from June 1, 2024 to May 31, 2025 with no renewal options, and the estimated value of the initial term is $401,040. The sole source justification is due to a lack of competitive bids, as CMS has solicited bids multiple times across four zones with no bidders or only bids for specific zones. The parking services will replace an expiring emergency contract, and the cost of the state-paid parking spaces is comparable to other facilities in the Chicago area. The procurement is being conducted through a sole source method, which requires a public hearing on May 17, 2024 to receive information from interested parties on whether the sole source procurement is appropriate.

The sole source contract will be awarded to Laz Parking Chicago, LLC, and the bid/buy number is 24-416CMS-BOSS4-B-42927 with a bid due date of May 22, 2024. No set-aside designations or restrictions on the types of organizations that can respond are provided, and no information is given about incumbent vendors or current contractors. The contract value is estimated at $401,040 for the initial term.