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 under RFP 204738 for the comprehensive management of the LaSalle Street Parking Facility located at 515 South Financial Place and 600 South LaSalle Street in Chicago, Illinois. The contract is structured as a performance-based management agreement with an initial term of ten years, and award will be made using a trade-off method that prioritizes overall value rather than lowest price. Offerors will be evaluated holistically based on five factors in order of importance: the feasibility and structure of proposed compensation including guaranteed revenue and bonus fees, the quality and practicality of the business plan covering revenue collection and additional income streams, the robustness of the operation and maintenance plan including emergency response, surface maintenance, and snow removal, the firm’s and team’s experience in managing public transit or municipal parking facilities, and the integration of innovative services that enhance the rider experience. No numerical weights are assigned to evaluation factors, and best and final offers may be requested. Proposals must be submitted electronically via the Bonfire portal by 4:00 P.M. local time on August 10, 2026, and must include a signed Management Agreement, a technical proposal, a price proposal, and required certifications and affidavits, including compliance with the Illinois Wage Payment and Collection Act and the Federal Davis-Bacon Act, certification of no outstanding debts to the State of Illinois, non-participation in international boycotts prohibited by U.S. law, and assurance that no materials supplied under the contract were produced by children under twelve. Offerors must also provide certifications regarding debarment status and civil rights compliance under Title VI. The contract requires monthly revenue reporting to Metra by the 20th of each month and separate invoicing for capital improvements, though no formal invoicing system like WAWF is referenced. The facility is to be maintained to operational and safety standards with no specific contract value stated, while financial protections include a $200,000 security deposit and $275,000 surety bond. All packaging and delivery of materials, if any, must conform to federal standards including FED-STD-102, FED-STD-123, and MIL-STD-129 for packaging, marking, and preservation, with testing required to meet ASTM specifications for materials used in pavement sealing. No formal FAR clauses, contracting officer representatives, or accounting codes are specified in the document.
General Info
Agency
NAICS
Place of Performance
IL, USASet-Aside
Timeline
Submission Closed
Organization & Contact Information
Full Description
More opportunities from Illinois → Metra
Same awarding agency
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 650+ contractors already using CLEATUS
