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TOWNSHIP OF PARSIPPANY-TROY HILLS·New Jersey

RISK MANAGEMENT CONSULTANT

Closes 1/29/2026$100k – $250kRequest for Proposal
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Description

The Township of Parsippany‑Troy Hills seeks a qualified firm to provide comprehensive risk‑management consulting services for the municipality through the end of 2026. The consultant will identify insurable exposures, assist with New Jersey Intergovernmental Insurance Fund (NJIIF) coverage selection, prepare applications and budgets, review loss reports, support claim settlements, and perform any additional tasks required by NJIIF bylaws. • Identify municipal risks and recommend mitigation, transfer, or retention strategies. • Assist with NJIIF insurance applications, budgeting, and coverage selection. • Review loss, engineering reports, and aid in claim settlements, supporting the Safety Committee’s loss‑containment goals. • Provide any other services mandated by NJIIF bylaws. • Deliver services under a contract lasting until December 31, 2026.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Suzanne Taylor(Director of Purchasing)

[email protected]

(973) 263-4377

Key dates

Opened
1/14/2026
Questions due
1/23/2026
Closes
1/29/2026
Duration
11 months

Last updated

Details

Type
Request for Proposal
Industry
Risk Management
NAICS
541618
Solicitation №
RFP2026-13

Budget estimate

$100,000 – $250,000

The RFP does not disclose a contract value, but municipal risk‑management consulting projects of this scope typically range from $100k to $250k for a 10‑12‑month engagement, based on hourly consulting rates ($150‑$250/hr) and anticipated deliverable volume (reports, budgets, claims support). Factors influencing the final amount include the consultant’s experience level, the depth of NJIIF interactions, and any additional coverage analyses required.

AI estimate from the solicitation

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