This contract appoints J. Byrne Agency as the broker for the Lower Cape May Regional School District’s health‑insurance program under the Southern Coastal Regional Employee Benefits Fund. The agency will manage procurement of health‑insurance coverage, negotiate terms with carriers, and handle administrative duties for the district’s employee and student population. Compensation is defined as a 1.5 % commission on the total premium paid, with the contract term spanning two calendar years (2026‑2027). Because the award was made by a board resolution rather than a competitive solicitation, the procurement follows New Jersey’s “extraordinary unspecifiable service” provisions, allowing a sole‑source award.
- Scope: brokerage of district health‑insurance program, including carrier selection, policy administration, and related advisory services.
- Term: Jan 1 2026 – Dec 31 2027 (2 years).
- Compensation: 1.5 % of insurance premium (no dollar amount disclosed).
- Procurement method: sole‑source award via board resolution, posted publicly within 10 days as required by N.J.S.A. 40A:11‑1.