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  5. ›27AL2338 Pyramid State Park - Captain Unit Farm Lease

Awarded contract·Illinois DNR - Natural Resources·Illinois

27AL2338 Pyramid State Park - Captain Unit Farm Lease

$219kSingle Award
Contract source

Description

This solicitation concerns a five‑year agricultural lease of approximately 92.10 acres at the Captain Unit of Pyramid State Park, Perry County, Illinois. The State is seeking the highest‑priced, responsible bidder to lease the land for farming activities (primarily hay production) and to manage the property in accordance with conservation and wildlife‑habitat guidelines. The lease requires the lessee to pay an annual rent per acre, cover all lease‑hold taxes, maintain required insurance, and submit annual reports on chemical applications, fertilizer use, and crop yields. Prohibited practices (e.g., neonicotinoid‑treated seed, dicamba) and strict invasive‑weed control measures are detailed. The contract may be satisfied with cash pre‑payment or an irrevocable letter of credit and includes numerous reporting and environmental‑review obligations. • Lease size: 92.10 acres, 2027‑2031 (5 years). • Payment: “per‑acre” rent (vendor‑submitted price), cash pre‑pay or L/C, plus payment of all lease‑hold taxes. • Obligations: annual reporting, soil‑test windows, invasive‑species control, no subcontracting, insurance (GL, auto, workers’ comp). • Award method: Highest priced responsive and responsible bid (open competition). • Key dates: Pre‑bid conference Oct 13 2026, bid due/opening Oct 28 2026, contract effective Mar 1 2027, expires Feb 28 2032.

Attached files

Key dates

Bids closed
10/28/2026
Starts
3/1/2027
Ends
2/28/2032
Duration
5 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Agriculture
NAICS
531120
Solicitation №
27-422DNR-REALT-B-54067

Contract value

$218,507

The solicitation states the estimated annual value to the vendor is $43,701.45 for each lease year (92.1 acres × $475‑$480 per acre, derived from the $30.01 per acre state value). Over the five‑year term the total estimated revenue to the lessee is roughly $43,701.45 × 5 ≈ $218,500. Assuming the winning bid will be at or near this estimate (the award is “highest price” but the market ceiling is limited by the land’s productive value), a reasonable ball‑park contract value is between $200,000 and $250,000. I will use the midpoint of $218,507 (rounded to the nearest dollar) as the estimated contract value.

AI estimate from the award documents

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