RFP - Workers Compensation Claims Administration Svcs
Active Open Market Competitive Sealed Proposal Illinois Awarded
- Contract number
- 26-557THA-FINAN-P-95588
- Awardee
- CorVel Enterprise Claims, Inc.
- Contracting organization
- Finance - Insurance
- Contract amount
- $300,630
Award facts
- Completion date
- NIGP code
Award details come from bidbuy.illinois.gov. Updated .
About this award
CorVel Enterprise Claims, Inc. (Vendor ID V00035733) has been awarded a contract by the Illinois Department of Finance - Insurance to provide Workers Compensation Claim Administration Services. The contract, designated as Open Market Competitive Sealed Proposal 26-557THA-FINAN-P-95588, carries a total contract value of $300,630.00 for the initial five-year term. The award was executed on May 1, 2026, with a completion date of April 30, 2031.
Under this contract, CorVel Enterprise Claims, Inc. will deliver claim administration services fees associated with Workers Compensation claims management for the State of Illinois. The pricing structure is established as a combined five-year flat rate, with the submitted fees calculated in accordance with the solicitation requirements outlined in Section F.6. The service delivery encompasses the full scope of claim administration activities, excluding separate processing fees, as detailed in the contract's pricing exhibits.
Line items
| Item | Total |
|---|---|
| INITIAL TERM - OPTION 1: Workers Compensation Claim Administration Services for an initial term of five (5) years. || Claim Administration Services Fees (Do not include Processing fees) || Enter the combined five (5) year total for the Annual Flat Rate as per Exhibit A for OPTION 1 - INITIAL TERM… | $300,630.00 |
Quick answers
Who was awarded contract 26-557THA-FINAN-P-95588?
Contract 26-557THA-FINAN-P-95588 was awarded to CorVel Enterprise Claims, Inc. by Finance - Insurance in Illinois on May 1, 2026.
How much is contract 26-557THA-FINAN-P-95588 worth?
Its contract amount is $300,630.
On GovTribe
See this award's full record
- Every line item and file
- The contract it was ordered under and its other orders
- Similar state and local awards and opportunities
- Ask GovTribe AI about this award