INSURANCERENEWED

Comprehensive Insurance Renewal with ICRMT Approved for 2026-27

Urbana School District #116 renewed its comprehensive insurance package with Illinois Counties Risk Management Trust (ICRMT) for $567,226 covering property, liability, excess, and other foundational coverages for the 2026-27 school year.

Status
RENEWED
Document date
June 16, 2026
Contract type
INSURANCE
Vendor
Illinois Counties Risk Management Trust
Agency
Urbana SD 116 · IL

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$567,226
Contract type
INSURANCE
Contract term
2026-07-01 – 2027-07-01
Renewal date
2027-07-01
Renewal
Annual renewal; workers' compensation is now handled under ICRMT program with lower per-claim retention and higher employer's liability.
Document type
Proposal
Source document
Urbana School District #116 Proposal Insurance Renewal Rates 2026-27 2026-06-16

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Urbana SD 116?

Illinois Counties Risk Management Trust was awarded this insurance contract by Urbana SD 116, as recorded on June 16, 2026. The contract value is $567,226.

How much is the Illinois Counties Risk Management Trust contract with Urbana SD 116 worth?

The Illinois Counties Risk Management Trust contract with Urbana SD 116 is valued at $567,226, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a proposal record.

Where was this contract approved?

This contract appears in Urbana School District #116 Proposal Insurance Renewal Rates 2026-27 2026-06-16 (Proposal), dated June 16, 2026 from Urbana SD 116. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Illinois Counties Risk Management Trust hold?

Illinois Counties Risk Management Trust may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Illinois Counties Risk Management Trust's profile

What is Urbana SD 116 currently buying?

Explore Urbana SD 116's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Urbana SD 116's profile

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