RFP_Unclaimed Property Filing Services
Active Open Market Competitive Sealed Proposal Illinois Awarded
- Contract number
- 25-557THA-FINAN-P-93132
- Awardee
- Crowe LLP
- Contracting organization
- Finance
- Contract amount
- $881,188
Award facts
- Completion date
- UNSPSC codes
- 64101602 Money market account
- 64101603 Simple checking account
- 64111902 Principal unprotected structured financial product
- 93151609 Lotteries services
- 64101500 Time deposit accounts
- 64111901 Principal protected structured financial product
- 64101501 Certificate of deposit CD
- 64101502 Simple savings account
- 64101702 Currency exchange application
- 64111802 Subscription right
Show all 29
- 64111804 Warrant
- 64000000 Financial Instruments, Products, Contracts and Agreements
- 64101600 Demand deposit accounts
- 64101601 Interest bearing checking account
- 64101701 Bill paying application
- 64101704 Over draft protection
- 64111801 Allotment or bonus right
- 64111903 Exchange traded fund ETF
- 64111904 Single structured product
- 64111906 Variable annuity
- 93151605 Government finance services
- 64100000 Bank offered products
- 64111800 Entitlements or rights
- 64101700 Electronic fund transfer and payment products
- 64111900 Structured financial products
- 64111803 Purchase right
- 64111905 Over the rainbow structured product
- 64101703 Money transfer application
- 84131614 Underwriting service
Award details come from bidbuy.illinois.gov. Updated .
About this award
Crowe LLP (V00003849) was awarded a competitive sealed proposal contract by the State of Illinois Department of Finance to provide comprehensive escheatment processing and compliance services to the Illinois Tollway. The contract, designated 25-557THA-FINAN-P-93132, carries a contract value of $881,187.50 and will be performed over an initial five-year term from April 1, 2026, through March 31, 2031.
The core deliverables include processing and filing of reports with payment and mailing instructions, jurisdictional research and compliance matrices development, ad hoc consulting services, and full-time project management support. Additionally, Crowe LLP will provide optional services including mailing due diligence letters, call center response management, audit support, and address research and verification services. These services collectively support the Tollway's escheatment compliance obligations, with estimated annual volumes including 63,000 accounts processed per year, 25 hours annually of research and consulting services, and one dedicated project manager throughout the contract period.
Line items
| Item | Total |
|---|---|
| Processing and Filing of Reports, including Payment and Mailing Instructions to Tollway | Initial five (5) year term. The estimated quantity below represents the amount of 63,000 per account per year. The unit of measure is per account escheated. | $252.00 |
| Jurisdictional Research and Compliance Matrices |initial five (5) year term. The estimated quantity below represents the amount of 125 research hours for the initial five (5) year term (25 hours per year). | $33,750.00 |
| Ad Hoc Consulting | initial five (5) year term. The estimated quantity below represents the amount of 125 Ad Hoc Consulting hours for the initial five (5) year term (25 hours per year). | $33,750.00 |
| Project Management | initial five (5) year term. The estimated quantity below represents the amount of one (1) Project Management position per year for the initial five (5) year term. | $78,750.00 |
| Mailing Due Diligence Letter| initial five (5) year term. This is an optional service to the Tollway. The estimated quantity of 125,000 below represents the amount of 25,000 letters mailed per year for the initial five (5) year term. | $343.75 |
| Manage Call Center/Response | initial five (5) year term. This is an optional service to the Tollway. The estimated quantity below of 6250 represents the amount of 1250 Call Center Responses per year for the initial five (5) year term. | $88.50 |
| Audit Support| initial five (5) year term. This is an optional service to the Tollway. The estimated quantity of 100 Audit Support Hours below represents the amount of twenty (20) hours per year for the initial five (5) year term. | $27,000.00 |
| Address Research and Verification | Initial five (5) year term. This is an optional service to the Tollway. The estimated quantity of 5000 below represents the amount of 1000 address verification researches per address for the initial five (5) year term. | $20.00 |
Quick answers
Who was awarded contract 25-557THA-FINAN-P-93132?
Contract 25-557THA-FINAN-P-93132 was awarded to Crowe LLP by Finance in Illinois on April 1, 2026.
How much is contract 25-557THA-FINAN-P-93132 worth?
Its contract amount is $881,188.
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