| Contract No. | Contract Name & Location | School District |
|---|---|---|
| GP-0108-R01 | Business Property and Casualty Insurance Broker | N/A |
The New Jersey Schools Development Authority (NJSDA) is seeking proposals for a Business Property and Casualty Insurance Broker who shall be responsible for the marketing and service of the Business Property and Casualty Insurance Policy as outlined in the Scope of Services, which includes Package Administration, Automobile, Worker' Compensation, Umbrella Liability, Excess Umberella Liability, Public Officials' Liability and Excess Public Officials' Liability.
Package Number: GP-0108-R01
Package Name: Business Property and Casualty Insurance Broker
Contract Duration: 3-year term; two 1-year extension at NJSDA option
NJSDA Prequalification: None Required
The Request for Proposals ("RFP") for the Business Property and Casualty Insurance Broker are available at the link below:
Click here for electronic copies.
The NJSDA shall not hold a traditional pre-proposal conference for this procurement. All firms wishing to submit a proposal MUST sign in electronically by sending a mandatory e-mail Notice of Intent to Participate to Megan Cox at mcox@njsda.gov no later than 5:00 pm on Friday, September 26, 2008.
Firms may submit questions to the NJSDA by sending them by e-mail to Megan Cox at mcox@njsda.gov no later than 5:00 pm on Friday, September 26, 2008. The questions and answers shall be provided electronically to each firm that submitted a timely e-mail Notice of Intent to Participate.
Completed Proposals must be received by 2:00 PM on Tuesday, October 21, 2008, and may be mailed or hand delivered as set forth in the RFP.
Proposing firms must submit a true copy of their valid business registration certificate issued by the New Jersey Division of Revenue.
Evaluation Criteria: Submissions that are not responsive will be rejected without evaluation. Responsive submissions will be ranked pursuant to the following evaluation criteria:
- Understanding of the Project
- Firm Experience including experience with state agencies and business administration experience
- Experience of Key Team Members
- Approach to Providing the Required Services
- Price
In addition, to be selected, a firm must be approved for moral integrity as set forth in the RFP.
Bidders must comply with the requirements of P.L. 2005, c. 51, and implementing rules.
Successful firms will be assigned as Broker of Record and be given full access to the insurance marketplace for purposes of obtaining competitive insurance programs.
DATE ADVERTISED: September 18, 2008