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  5. ›PUBLIC NOTICE AWARD ALAMO - BROKER OF RECORD - HEALTH BENEFITS 26-27

Awarded contract·Pleasantville Public School District·New Jersey

PUBLIC NOTICE AWARD ALAMO - BROKER OF RECORD - HEALTH BENEFITS 26-27

Won by Alamo Insurance Group$120kAwarded 10/10/2026Single Award
Contract source

Awarded vendors

  • Alamo Insurance Group

Description

This award authorizes Alamo Insurance Group to serve as the broker of record for the Pleasantville Board of Education’s health‑insurance program through June 30 2027. The agency bypassed competitive bidding by invoking the “Extraordinary Unspecifiable Services” exemption for professional services under New Jersey’s Local Public Contracts Law. The agreement provides the district with a single point of contact for health‑benefit administration, claims handling, and carrier negotiations, but no specific deliverables, payment terms, or performance metrics are disclosed. • Sole‑source award to Alamo Insurance Group for health‑insurance brokerage services. • Contract runs until June 30 2027; no renewal provisions are stated. • No monetary value, budget, or fee structure is disclosed in the public notice.

Attached files

Key dates

Intent to award
10/10/2026
Awarded
10/10/2026
Ends
6/30/2027
Duration
8 months

Last updated

Details

Award type
Single Award
Procurement
Sole Source
Industry
Insurance
NAICS
524210

Contract value

$120,000

The notice does not disclose any contract value. Typical broker‑of‑record fees for a school district of Pleasantville’s size (roughly 2,000‑3,000 students) range from 0.5% to 1% of total premium spend. Assuming an annual health‑insurance premium of $10 million for the district, a 0.75% broker fee would equal about $75,000. Adding modest administrative fees could bring the total to roughly $100,000‑$150,000 for the 8‑month term. Therefore, a reasonable ball‑park estimate is around $120,000.

AI estimate from the award documents

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