Lincolnwood School District 74 Staff Report IPRF Workers’ Compensation Insurance FY27 Renewal 2026-05-21
District Recommends FY27 Workers’ Comp Renewal with IPRF
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Description
Lincolnwood School District 74 is recommending renewal of its Fiscal Year 2027 workers’ compensation insurance with IPRF, including participation in the HELP safety program, for a total pre-refund premium of $90,599. The term will run from July 1, 2026 through June 30, 2027 and reflects increased claim expenses and anticipated payroll.
Contract Details
Contract Amount
$90,599.00
Vendor
IPRF
Agency
Lincolnwood SD 74, IL
Contract Type
INSURANCE
Document Date
May 21, 2026
Contract Term
July 1, 2026 through June 30, 2027
Renewal Date
2027-06-30
Renewal Info
Fiscal Year 2027 workers’ compensation policy renewal with IPRF, including required participation in the HELP Program to earn a potential 10% premium refund. Previous year (2025-26) premium was $69,623 pre-grant and pre-audit with the same vendor.
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