Third Party Claims Administration Contract Extended and Increased
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Description
The Board approved a one-year extension and $278,333.00 increase for Contract 23-RFP-13 with Lodestar Claims & Risk Services Inc. for Third Party Claims Administrator Services, raising the contract total to $1,020,975.32. The amendment continues claims administration support under Accounts 101-25000-612430 and 901-30000-601090.
Contract Details
Contract Amount
Increase of $278,333.00 (new total not to exceed $1,020,975.32)
Vendor
LODESTAR CLAIMS & RISK SERVICES INC, FORMALLY KNOWN AS PMA MANAGEMENT CORP
Agency
Metropolitan Water Reclamation District of Greater Chicago, IL
Contract Type
FINANCIAL_SERVICES
Document Date
May 21, 2026
Contract Term
Extended an additional one-year period
Renewal Info
Option to extend exercised for an additional one-year term with funding increased to a cumulative not-to-exceed amount of $1,020,975.32.
Issuing Agency
Special District
Chicago, IL
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