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Finance committee advances $38.5 million insurance broker and auditor-payment items to full board
Summary
The Tollway Finance Committee voted to place two items on the July board agenda: a $689,750 payment to the Illinois Auditor General Audit Expense Fund and a recommended five-year insurance advisory/broker and pass-through premium contract with Aon Risk Services Central not to exceed $38.5 million.
The Illinois Tollway Finance Committee voted to place two finance items on the full board—s July agenda: authorization of a $689,750 payment to the Illinois Auditor General Audit Expense Fund for the 2024 financial and compliance audit, and a recommended award to Aon Risk Services Central for insurance advisory and broker services with pass-through premiums over a five-year initial period, not to exceed $38.5 million.
Chief Financial Officer Kathy Williams told the committee the first item represents the auditor-payment…
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