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.