Asset Forfeiture - Property Insurance - SM
Ended Open Market Small Purchase Illinois Awarded
- Contract number
- 25-493ISP-ADMIN-P-80496
- Awardee
- Forsyth Insurance Group, Inc
- Contracting organization
- Administration
- Contract amount
- $12,393
Award facts
- Completion date
- UNSPSC codes
- 64121504 Commercial multiple peril policy
- 64122202 Group dental insurance policy
- 84131520 Insurance broking fees and commission
- 64122100 Health insurance contracts
- 64122200 Dental insurance contracts
- 64121502 Boiler and machinery policy
- 64121507 Fraternal benefit society insurance policy
- 64121508 Homeowners insurance policy
- 64121509 Inland marine insurance policy
- 64121511 Ocean marine insurance policy
Show all 24
- 64121512 Surety policy
- 84131518 Bicycle insurance
- 64120000 Insurable interest contracts
- 64122007 Modified guaranteed annuity policy
- 64122006 Fixed annuity policy
- 64121514 Warranty policy
- 64121505 Farm owners multiple peril policy
- 84131513 Erection all risks insurance
- 84131905 Employment practice liability insurance services
- 84131900 Insurance services for casualty lines
- 64122101 Individual health insurance policy
- 64122102 Group health insurance policy
- 64122201 Individual dental insurance policy
- 81162310 Procurement process as a service
Award details come from bidbuy.illinois.gov. Updated .
About this award
Forsyth Insurance Group, Inc. has been awarded an Open Market Small Purchase contract by the State of Illinois Administration (ADMIN493) for insurance-related services. The contract, identified as 25-493ISP-ADMIN-P-80496, has a total contract value of $12,393.00 and will run from July 30, 2025, to July 29, 2026. The contract encompasses a comprehensive range of insurance products and services, as indicated by the multiple UNSPSC codes, including commercial multiple peril policies, health and dental insurance contracts, various specialty insurance policies (such as boiler and machinery, homeowners, and marine insurance), and insurance brokerage services.
The contract covers an extensive array of insurance categories, spanning individual and group health and dental policies, property and casualty insurance, and specialized insurance products like fraternal benefit society, surety, and employment practice liability insurance. The scope also includes insurance-related services such as procurement processes and insurance brokerage fees and commissions. The contract is aligned with the State of Illinois Chief Procurement Office's General Services Standard Terms and Conditions (Version 23.2), which provides the legal and operational framework for the vendor's engagement with the state government. The contract appears to be designed to provide flexible insurance coverage and related services for various state assets and operational needs.
Line items
| Item | Total |
|---|---|
| The Illinois State Police is seeking a vendor to provide insurance coverage to several properties currently owed via asset forfeiture. *Properties 3, 4, and 5 are vacant. The Illinois State Police, Asset Forfeiture Section is in the process of trying to sell all the properties listed above. When… | — |
| Property Location: 621/623 S Lombard, Oak Park, IL 60304 Building and two garages. Total insured amount - $601,130.00 | — |
| Property Location: 414 Madison Street, Joliet, IL 60435 Total Insured Amount: $233,000.00 | — |
| Property Location:309 Fourth Avenue, Mendota, IL 61342 Total Insured Amount: $100,000.00 | — |
| Property Location: 313 Niagara, East Alton, IL 62024 Total Insured Amount: $65,000.00 | — |
| Property Location: 1010 E Adams, Taylorville, IL 62568 Total Insured Amount: $70,000.00 | — |
| Property Location: 1303 Roncevallas, Rockford, IL 61107 Total Insured Amount: $190,000.00 | — |
Files
| File | Type | Posted |
|---|---|---|
| standard-terms-and-conditions 23.2~68.pdf | ||
| R-264829 Property Insurance Specs.docx | DOCX document |
Quick answers
Who was awarded contract 25-493ISP-ADMIN-P-80496?
Contract 25-493ISP-ADMIN-P-80496 was awarded to Forsyth Insurance Group, Inc by Administration in Illinois on July 30, 2025.
How much is contract 25-493ISP-ADMIN-P-80496 worth?
Its contract amount is $12,393.
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