State wipes out expired leases, on track to save $20M in rent - Springfield, IL -

 

they have eliminated all expired leases in which the state was occupying office space on a month-to-month basis….Since early 2009, CMS [Department of Central Management Services] said, it has consolidated, rebid and renegotiated 197 leases across Illinois… will save the state $20 million…CMS said it was paying $66 million a year on holdover leases. In total, the agency said it’s entered 132 new leases costing about $58.7 million

State wipes out expired leases, on track to save $20M in rent - Springfield, IL - The State Journal-Register