Fund professional Services

The North Jersey Municipal Employee Benefits Fund seeks fund professional services for Actuary, Treasurer, and Attorney roles under Competitive Contract NJMEBF # 26-03R. The requested scope includes handling claims to conclusion, processing payment vouchers and checks, funding claim accounts, reporting record variances, providing legal advice to the executive committee, and supervising attorneys handling defenses for the fund or member municipalities. Bidders must be USA-based organizations and comply with N.J.S.A. 10:5-31 et seq. and N.J.A.C. 17:27 et seq., while providing business registration certificates prior to contract award. Electronically sealed proposals must be submitted on BidNet by October 15, 2026, at 12:00 P.M. prevailing time, and proposals must remain open for 60 calendar days. The buyer evaluates proposals using a 100-point scale based on technical criteria (40 points max), management criteria (40 points max), and cost criteria (20 points max). Respondents must submit a lump sum amount and a fee schedule, as the buyer does not reimburse travel expenses.