State of New Jersey - NJ Schools Development Authority
Contract No. Contract Name & Location School District
GP-0214-R01 Broker Svcs -Bus. & Real Est/Casualty Ins Program N/A


The New Jersey Schools Development Authority (NJSDA" or "Authority") is seeking to engage a Broker with the expertise to design a program that will provide insurance for the Business Operations and the Real Estate Owned inventory of the NJSDA. The selected Broker shall be responsible for the placement and servicing of the NJSDA's Business and Real Estate Property and Casualty Insurance Program commencing on December 14, 2014 at 12:01 a.m. In addition, the selected Broker may be consulted to assess additional risk and/or procure additional insurance as deemed necessary by the NJSDA.

This RFQ is the first of a two-step process outlined below:

  1. Request for Qualifications ("RFQ"): A firm must first submit a responsive Qualifications Proposal in accordance with the RFQ requirements.
  2. Request for Proposals ("RFP"): the SDA will issue an RFP to those firms short-listed through the RFQ process.


Package Number: GP-0214-R01
Package Name: Broker Services for the Business and Real Estate                           Property and Casualty Insurance Program
Contract Duration: 3-year term
NJSDA Prequalification: None Required


Copies of the RFQ documents can be downloaded by clicking the link below:

Click here for electronic copies.


The NJSDA shall not hold a traditional pre-proposal conference for this procurement. Any firm wishing to submit a qualifications proposal must sign in electronically by sending a mandatory e-mail Notice of Intent to Participate to James McElhenny at jmcelhenny@njsda.gov no later than 5:00 PM Eastern Time on June 13, 2014.

Firms may submit written questions regarding this procurement to the NJSDA by sending them by e-mail to James McElhenny at jmcelhenny@njsda.gov no later than 5:00 PM Eastern Time on June 13, 2014. The questions and answers shall be provided via an addendum to the RFQ to each firm that submitted a timely e-mail Notice of Intent to Participate.

Qualifications Proposals must be received no later than 4:30 PM Eastern Time on July 10, 2014, and may be mailed or hand delivered as set forth in the RFQ.

Evaluation Criteria: Submissions that are not responsive will be rejected without evaluation. Responsive Qualifications Proposals will be evaluated and scored by a Selection Committee pursuant to the following evaluation criteria:

  1. Understanding of the Engagement (20 points);
  2. Firm Experience - Case Studies (30 points);
  3. Experience of Key Team Members (20 points); and
  4. Approach to Providing the Required Scope of Services (30 points)


Following the scoring of Qualifications Proposals, all responsive firms will participate in interviews with the Selection Committee and will be separately scored on the basis of the interviews using the same criteria and point values used to evaluate the Qualifications Proposals. The scores for the written submission and the interview will be added together and averaged to obtain a firm's "Intermediate Combined Score". Those firms receiving the three (3) highest Intermediate Combined Scores will be placed on a short-list and will advance to the second step of the procurement process. The NJSDA will issue an RFP to the three (3) short-listed firms. The RFQ provides and overview of the RFP process.

Bidders must comply with the requirements of P.L. 1975, c. 127 and P.L. 2005, c. 51, and implementing rules.

DATE ADVERTISED: June 5, 2014

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