This Solicitation opportunity from Illinois was posted on July 13, 2026. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
LaSalle Street Parking Facility Management
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
Active Opportunities Like This One
AI Contract Overview
Metra is soliciting proposals for a ten-year management agreement to oversee the operation, maintenance, and management of a 376-space parking facility located at 515 South Financial Place and 600 South LaSalle Street in Chicago. The contract is scheduled to commence no earlier than November 1, 2026, and expire on October 31, 2036. The selected manager will be responsible for general operations, cleaning, security, snow removal, and fiscal accountability for all monetary assets. Key maintenance requirements include a quinquennial sealing and striping schedule for the parking surface, with the first occurrence set for 2031 and the second in 2036. Proposals will be evaluated based on the quality of the business plan, proposed payment methods and mobile app integration, the operation and maintenance plan, the firm's overall experience and expertise, and the introduction of innovative services to benefit ridership. The award will be granted to the highest-ranked firm that serves Metra's best interests. Financially, the manager must remit parking revenues to Metra within 20 days of the end of each month, minus the management fee, incentive fees, and allowable expenses, accompanied by revenue data in an Excel format. The contract includes stringent compliance requirements, including adherence to the Americans with Disabilities Act, the Age Discrimination Act, and the Federal Davis-Bacon Act. Contractors must provide certifications regarding criminal history, the prohibition of revolving-door employment for former Metra officials, and the avoidance of child labor. Insurance requirements specify that policies must be written on an occurrence form with an AM Best rating of A-VII or better, naming Metra and associated transit authorities as additional insureds. All submissions must be processed through the Bonfire portal, including a technical proposal, price proposal, and signed management agreement.
General Info
Agency
Place of Performance
IL, USASet-Aside
Timeline
Submission Closed
Organization & Contact Information
Full Description
More opportunities from Illinois → Metra
Same awarding agency
Earlier notices in this NAICS code
Posted before this notice, open and closed
Find Active Opportunities Like This
Get AI-powered intelligence on the opportunities still open
Every page of the solicitation package shredded into a compliance breakdown
AI-powered matching based on your capabilities and past performance
Competitor and incumbent history on the requirement
Automated alerts on amendments, Q&A deadlines, and award
Join 750+ contractors already using CLEATUS
