Civic IQ
PROFESSIONAL_SERVICESAPPROVED

City Colleges Of Chicago-Richard J Daley College Awards Professional Services Contract to Jones Lang Lasalle Americas Inc (jll) (March 2025)

The Board of Trustees approved an agreement with Jones Lang LaSalle Americas, Inc. to provide real estate brokerage and consulting services for the District from March 6, 2025 through July 31, 2025. Realtor compensation is limited to 5% of any property sale price, with total consulting services across vendors capped at $100,000, funded by the Capital Fund.

Status
APPROVED
Document date
March 6, 2025
Contract type
PROFESSIONAL_SERVICES
Vendor
Jones Lang Lasalle Americas Inc (jll)
Agency
City Colleges Of Chicago-Richard J Daley College · IL

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Derivita logo
Comcate logo
SafeTouch logo
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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
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Scope & details

The full contract record, as filed.

Contract amount
Realtor compensation not to exceed 5% of any property sale price; consulting services total not to exceed $100,000 (shared among vendors)
Contract type
PROFESSIONAL_SERVICES
Contract term
Commencing no sooner than March 6, 2025 through July 31, 2025
Renewal date
2025-07-31
Renewal
Initial term runs from March 6, 2025 through July 31, 2025; any expenditures beyond the current fiscal year are subject to appropriation per Section 7-14 of the Illinois Public Community College Act. No explicit renewal options are stated.
Document type
Resolution
Source document
Community College District No. 508 Resolution Real Estate Brokerage and Consulting Services 2025-03-06

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the professional services contract by City Colleges Of Chicago-Richard J Daley College?

Jones Lang Lasalle Americas Inc (jll) was awarded this professional services contract by City Colleges Of Chicago-Richard J Daley College, as recorded on March 6, 2025. The contract value is Realtor compensation not to exceed 5% of any property sale price; consulting services total not to exceed $100,000 (shared among vendors).

How much is the Jones Lang Lasalle Americas Inc (jll) contract with City Colleges Of Chicago-Richard J Daley College worth?

The Jones Lang Lasalle Americas Inc (jll) contract with City Colleges Of Chicago-Richard J Daley College is valued at Realtor compensation not to exceed 5% of any property sale price; consulting services total not to exceed $100,000 (shared among vendors), covering professional services work.

What type of contract is this?

This is a Professional Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Community College District No. 508 Resolution Real Estate Brokerage and Consulting Services 2025-03-06 (Resolution), dated March 6, 2025 from City Colleges Of Chicago-Richard J Daley College. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Jones Lang Lasalle Americas Inc (jll) hold?

Jones Lang Lasalle Americas Inc (jll) 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 Jones Lang Lasalle Americas Inc (jll)'s profile

What is City Colleges Of Chicago-Richard J Daley College currently buying?

Explore City Colleges Of Chicago-Richard J Daley College's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City Colleges Of Chicago-Richard J Daley College's profile

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