Town of Lincoln Awards Professional Services Contract to Economic Development Group Ltd (September 2026)

Scope & details

The full contract record, as filed.

Contract amount

$5,750.00 annually plus annual CPI adjustment, with additional reimbursable costs

Contract type

PROFESSIONAL_SERVICES

Contract term

Three (3) years commencing immediately after establishment of the Lincoln College TIF District, automatically renewing in three-year periods during the life of the District unless non-renewed

Renewal

Three-year administrative services term begins after TIF creation and automatically renews in three-year periods for the life of the district unless the City issues written notice of non-renewal at least one year before term end.

Document type

AgendaPacket

Source document

City of Lincoln AgendaPacket Committee of the Whole Meeting 2026-09-29

Related contracts

Other contracts from Economic Development Group Ltd.

View all →

City of Lincoln AgendaPacket Committee of the Whole Meeting 2026-09-29

APPROVED

Town of Lincoln, Illinois$44,250.00 plus reimbursable costs; payable in three installments of $14,750.00 each plus costs at specified milestonesSep 29, 2026

City of Lincoln AgendaPacket Committee of the Whole Meeting 2026-09-29

APPROVED

Town of Lincoln, IllinoisInitial Annual Administrative Fee $7,500.00; Base Annual Administrative Fee $5,750.00 plus annual CPI increase; Reimbursable Costs not to exceed $2,500.00 per year without prior written consentSep 29, 2026

Village of Peotone Regular Village Board Meeting Agenda Packet 2026-07-13

APPROVED

Town of Peotone, IllinoisJul 13, 2026

City of Kewanee Agenda Packet 2026-07-13

APPROVED

City of Kewanee, Illinois$527.40Jul 13, 2026

City of Kewanee Agenda Packet 2026-07-13

APPROVED

City of Kewanee, Illinois$6,328.80Jul 13, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the professional services contract by Town of Lincoln?

Economic Development Group Ltd was awarded this professional services contract by Town of Lincoln, as recorded on September 29, 2026. The contract value is $5,750.00 annually plus annual CPI adjustment, with additional reimbursable costs.

How much is the Economic Development Group Ltd contract with Town of Lincoln worth?

The Economic Development Group Ltd contract with Town of Lincoln is valued at $5,750.00 annually plus annual CPI adjustment, with additional reimbursable costs, covering professional services work.

What type of contract is this?

This is a Professional Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Lincoln AgendaPacket Committee of the Whole Meeting 2026-09-29 (AgendaPacket), dated September 29, 2026 from Town of Lincoln. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Economic Development Group Ltd hold?

Economic Development Group Ltd 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 Economic Development Group Ltd's profile

What is Town of Lincoln currently buying?

Explore Town of Lincoln's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Lincoln's profile