IHDA Dispositions LLC 26-27 Property and General Liability Insurance ROM

The State of Illinois, through its Finance department, awarded a competitive sealed proposal contract to Alliant Insurance Services, Inc. (Vendor ID: V00043721) for risk management process services. The contract was executed on June 26, 2026, with a completion date of June 26, 2027, representing a one-year performance period. The total contract value is $158,819.00.

The services procured under this contract fall within the insurance and risk management services category, specifically addressing risk management processes delivered as a service. This engagement reflects Illinois's outsourcing of specialized risk management expertise to support the state's broader financial and operational risk mitigation objectives. The contract structure as a release competitive sealed proposal indicates this award was issued through a competitive procurement process with sealed bid submissions evaluated against established criteria.