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Development Feasibility and Operational Planning

Open
State & Local

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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This subcontract for Development Feasibility and Operational Planning supports developers bidding on surplus real estate projects for the Board of Education of the City of Chicago. The selected provider will utilize financial modeling software and market analysis data to estimate operating and maintenance costs, create detailed operational schedules, and evaluate community impact and job creation. The primary deliverables for this engagement include a comprehensive operational budget, maintenance cost estimates, and a project schedule. This opportunity is associated with Chicago Public Schools and has a response deadline of December 18, 2026.

Documents

This scope was carved out of 26-1484.

The full solicitation package (5 documents), including the RFP, is on the prime solicitation, not on this scope.

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Sale of Surplus Chicago Public Schools Real Estate: 2 Vacant Buildings and 2 Vacant Land Sites

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Organization & Contact Information

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AgencyIllinois → Chicago Public Schools
ContactsNo contacts available
OfficeN/A
Office AddressN/A
ContactsNo contact information available

Full Description

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Performs analysis of operating and maintenance costs and creates operational schedules for developers bidding on Board of Education of the City of Chicago surplus real estate projects. Estimates O&M costs, develops project schedules, and analyzes community impact and job creation using financial modeling software and market analysis data. Delivers an operational budget, maintenance cost estimate, and project schedule.

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Hagerty Consulting, Inc.

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More opportunities from Illinois → Chicago Public Schools

Same awarding agency

NAICS: 531390
New
SLED
Sale of Surplus Chicago Public Schools Real Estate: 2 Vacant Buildings and 2 Vacant Land Sites
Solicitation # 26-1484
Chicago Public Schools is soliciting bids for the sale of four surplus real estate assets in Chicago, Illinois, consisting of two vacant buildings and two vacant land sites. The properties include a 6,250 square foot parcel at 1300-1304 S Avers Ave and a 24,800 square foot parcel at 5140-58 S Wells St, both with minimum bids of $25,000. Additionally, the sale includes a 19,500 square foot building at 5125 S Princeton Ave with a $25,000 minimum bid, and the former Parkman Elementary School at 245 W 51st St, a 61,109 square foot building on a 68,250 square foot parcel, with a minimum bid of $35,000. All properties are conveyed on an as-is, where-is basis, and the successful bidder must demolish any existing improvements within three years of the deed date unless a waiver is granted. Bids must be submitted as hard copies only and delivered to the CPS Security Desk at 42 W. Madison, Chicago, IL. A complete submission requires three bound copies, including two original signature sets sworn before a notary public, and one electronic PDF copy on a Windows-compatible USB stick. Required documentation includes an Offer to Purchase Real Estate, a Use Proposal detailing site plans and community impact, an Economic Disclosure Statement and Affidavit, and a Bidder's Disclosure Form. The Board of Education reserves the right to accept the highest responsible bid, reject all bids, or negotiate with the top two bidders. Interested parties must arrange site visits via email and sign a liability waiver before inspection.
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