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OTHERAWARDED

Prospect Heights, CEA Move Forward on Airport Land Acquisition

The City Council approved CEA’s purchase of the former Ramada Inn property from PWK Hangars, LLC for $3,343,750, supporting future airport development. Purchase agreement is contingent on municipal approvals and budget amendment.

Document date · October 28, 2024

Issuing agencyCity of Prospect HeightsVendorPwk Hangars Llc

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IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$3,343,750
Contract type
OTHER
Contract term
To closing no later than December 28, 2025 or 30 days after all contingencies are met
Renewal date
2025-12-28
Renewal
Purchase is contingent on municipal approvals by 2024-12-31. Closing must occur by 2025-12-28 or 30 days after contingency satisfaction. No renewals; one-time purchase.
Document type
AgendaPacket
Source document
City of Prospect Heights City Council Meeting Agenda Packet October 2024

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chicago-executive-airport-board-of-directors-meeting-minutes-january-17-2024_d26.pdf
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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Prospect Heights?

Pwk Hangars Llc was awarded this government contract by City of Prospect Heights, as recorded on October 28, 2024. The contract value is $3,343,750.

How much is the Pwk Hangars Llc contract with City of Prospect Heights worth?

The Pwk Hangars Llc contract with City of Prospect Heights is valued at $3,343,750.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Prospect Heights City Council Meeting Agenda Packet October 2024 (AgendaPacket), dated October 28, 2024 from City of Prospect Heights. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Pwk Hangars Llc hold?

Pwk Hangars Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Pwk Hangars Llc's profile

What is City of Prospect Heights currently buying?

Explore City of Prospect Heights's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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