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Illinois THA - Toll Highway Authority·Illinois

GENERAL NOTICE: Employee Flexible Spending Benefits Program

Closes 7/31/2025$65kGrants Notice
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Description

The Illinois Tollway is providing a public notice for the Employee Flexible Spending Benefits Program, which will provide a tax-advantaged program for Tollway employees to set aside a pre-tax portion of each paycheck to pay for out-of-pocket medical expenses. The contract has been awarded to P&A Administrative Services, Inc. for a five-year term starting from 03/01/2025. The program includes Flexible Spending and Commuter Benefits. The value of the policy is estimated at $65,000 for the five-year term. • The contract term is five years, from 03/01/2025 to 02/29/2030. • The program will provide Flexible Spending Insurance Program, which is a tax-advantaged program. • The contract was awarded to P&A Administrative Services, Inc. after a review and evaluation of all proposals by a seven-member Tollway evaluation committee. • The estimated financial return to the State for the life of the contract is not applicable. • The estimated gross revenue to the vendor for the life of the contract is not applicable.

Attached files

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Contact

Cheryl Heinz(Procurement Contact or Purchaser)

[email protected]

(630) 371-8302

Key dates

Opened
7/9/2025
Closes
7/31/2025
Duration
5 years

Last updated

Details

Type
Grants Notice
Industry
Insurance
NAICS
524290
Solicitation №
25-557THA-FINAN-B-47676

Budget estimate

$65,000

Based on the provided information, the estimated budget for this contract is $65,000 for a five-year term. This amount seems reasonable considering the scope of work, which includes providing Flexible Spending Insurance Program for Tollway employees. The budget may vary depending on the actual services provided and the number of employees participating in the program. The factors that may influence the likely payment range include the number of employees, the services provided, and the administrative costs.

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