Bensenville Considers $12 Million Warren Oil Incentive
Bensenville village (pt.)City · Bensenville, IL- Disclosed value
- Not-to-exceed $12,000,000.00 in economic incentive payments
- From agendapacket
- Document date
- Oct 20, 2026
- Renews
- Free account
The 30-second brief
The Village of Bensenville is considering an economic incentive agreement with Al Warren Oil Company for redevelopment and expansion at 11 Gateway Road. The agreement would provide quarterly rebates of qualifying sales-tax revenues for up to ten years, capped at $12 million.
Al Warren Oil Company holds this contract with Bensenville village (pt.). Its other public contracts on record include work for Town of Berwyn and Carpentersville village (pt.).
The renewal date is on record. A free account shows it, with the renewals for every Bensenville village (pt.) contract.
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Contract details
- Amount
- Not-to-exceed $12,000,000.00 in economic incentive payments
- Document date
- October 20, 2026
- Term
- Ten years from the Effective Date; Effective Date is the later of execution of the property lease or November 1, 2026
- Renews
- Free account
- Vendor
- Al Warren Oil Company
- Source document
- Village of Bensenville AgendaPacket Committee of the Whole Meeting 2026-10-20 (AgendaPacket)
Al Warren Oil Company's other public contracts
More Bensenville village (pt.) contracts
Questions about this contract
Who was awarded the government contract by Bensenville village (pt.)?
Al Warren Oil Company was awarded this government contract by Bensenville village (pt.), as recorded on October 20, 2026. The contract value is Not-to-exceed $12,000,000.00 in economic incentive payments.
How much is the Al Warren Oil Company contract with Bensenville village (pt.) worth?
The Al Warren Oil Company contract with Bensenville village (pt.) is valued at Not-to-exceed $12,000,000.00 in economic incentive payments.
What type of contract is this?
This is a government contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Village of Bensenville AgendaPacket Committee of the Whole Meeting 2026-10-20 (AgendaPacket), dated October 20, 2026 from Bensenville village (pt.). Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Al Warren Oil Company hold?
Al Warren Oil Company may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Bensenville village (pt.) currently buying?
Explore Bensenville village (pt.)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.