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Illinois THA - Toll Highway Authority·Illinois

GENERAL NOTICE: Property Insurance 26-27

Closes 4/3/2026$2M – $3MGrants Notice
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Description

The Illinois State Toll Highway Authority (ISTHA) is giving notice of intent to award contract number #26-1202 to Aon Risk Services Central, Inc. for Property Insurance 26-27. The contract is for a one-year term, from 04/01/2026 to 03/31/2027, and has an estimated value of $2,111,853.72. The insurance program will provide coverage for the Tollway's assets, including road bridges, retaining walls, communication towers, toll collection facilities, and road maintenance facilities, with an estimated value of over $4 billion. The contract was procured through an Invitation for Bid process. • The contract term is one year, from 04/01/2026 to 03/31/2027. • The estimated value of the contract is $2,111,853.72. • The insurance program will cover the Tollway's assets, including road bridges, retaining walls, communication towers, toll collection facilities, and road maintenance facilities. • The contract was procured through an Invitation for Bid process. • The award is contingent upon approval from the Tollway's Board of Directors at the April 2026 Board meeting.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Cheryl Heinz(Agency Contact)

[email protected]

(630) 371-8302

Key dates

Opened
3/20/2026
Closes
4/3/2026
Duration
1 year

Last updated

Details

Type
Grants Notice
Industry
Insurance
NAICS
524126
Solicitation №
26-557THA-FINAN-B-51613

Budget estimate

$2,000,000 – $3,000,000

The budget for this contract is estimated to be around $2,111,853.72, as specified in the document. This amount is likely to be the total value of the contract for the one-year term. The factors that may influence the likely payment range include the scope of work, the type of insurance services required, and the level of risk involved.

AI estimate from the solicitation

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