CC 25-01 Risk Management Services

The Edison Township Board of Education is seeking a qualified insurance broker‑of‑record to provide comprehensive risk‑management services for the district. The vendor will act as the broker for property & casualty, workers’ compensation, school‑legal liability, and student‑accident insurance, while also delivering consulting, loss‑control, actuarial analysis, and policy administration. The contract is a one‑year term (June 1 2025 – May 31 2026) with an optional renewal, and the award will be announced on April 29 2025. Interested firms must submit a sealed proposal by April 22 2025 and meet extensive certification, bonding, and insurance‑coverage requirements. • Act as “Broker of Record” and manage all district insurance policies, adhering to NJ School Insurance Group commission rates. • Provide risk‑management consulting, loss‑control services, incident reporting, and actuarial forecasting. • Submit required certifications (non‑collusion, debarment, affirmative‑action, political‑contribution, Iran/Russia disclosures, etc.) and maintain required vendor insurance (GL, auto, cyber, pollution, workers’ comp, etc.) and performance bonds.