About this opportunity
AI summaryThe Borough of Medford Lakes requests proposals for a 2027 Risk Management Consultant to deliver professional services on all insurance issues concerning standard municipal operations. Duties include assisting the municipality in identifying insurable exposures, selecting coverage from the New Jersey Municipal Self Insurers Joint Insurance Fund, reviewing loss reports, assisting the Safety Committee, settling claims, and fulfilling duties under the fund's bylaws. Eligible individuals or firms must hold at least $1,000,000 in professional liability insurance with an AAA-rated carrier, provide past client references including at least one municipal entity, and perform the work offsite. Applicants must submit six copies of their proposal by November 19, 2026, at 2:00 PM to Mark J. McIntosh in Medford Lakes, New Jersey. The Mayor and Council will award a one-year professional services contract based on technical, management, and cost criteria, evaluating qualifications, merit, cost competitiveness, responsiveness, and experience. All awards remain subject to the availability of funds.
Buyer and opportunity details
- Client
- Borough of Medford Lakes
Scope of work
- Assist the municipality in identifying insurable exposures and recommend methods to reduce, assume, or transfer risk or loss
- Assist the municipality in understanding and selecting coverages available from the New Jersey Municipal Self Insurers Joint Insurance Fund
- Review with the municipality any additional coverages available from the Fund
- Assist the municipality in preparing application statements of values and similar documents requested by the Fund
- Review loss and engineering reports and assist the Safety Committee in loss containment objectives
- Assist where needed in the settlement of claims
- Assist in other services as required by the fund bylaws
How proposals are evaluated
| Criterion | Weight / scoring |
|---|---|
| Technical Criteria (understanding scope, knowledge of Borough operations, responsiveness, past performance) | Not specified |
| Management Criteria (scheduling, reliability, municipal/State experience, resources, women/disadvantaged/minority initiatives, cultural sensitivity) | Not specified |
| Cost Criteria (relative cost, fee explanation and documentation, quality control programs, financial resources) | Not specified |
| Documented evidence of fulfilling Minimum Qualifications and Minimum Requirements for Vendor Responses | Not specified |
Minimum qualifications
- Served as Risk Management Consultant for a New Jersey municipal or government entity for at least five (5) years prior to submission
- Sufficient staff to satisfy the scope of services
- Professional liability insurance of at least $1,000,000 with a carrier having a AAA rating by Best Insurance Digest
- Has not represented adverse parties/claims against the Borough of Medford Lakes within the past three years and currently does not
Documents to include with your response
- Full name and business address of entity or person submitting the proposal
- List of personnel providing services, including education summary and licenses held
- Number of years each firm consultant has represented New Jersey municipal entities
- Description of additional services to be provided beyond the required scope
- Copy or description of the professional liability insurance policy maintained for calendar year 2026
- Statement and listing of proposed professional service fees
- Statutory compliance statement for NJ Law Against Discrimination, Affirmative Action, Prevailing Wage, ADA, and Pay to Play Law
- Names and addresses of at least three references from the past five years, including at least one municipal client
- List and description of professional liability claims brought against the applicant during the past five years
- Six (6) copies of the proposal
Key dates
- Date Issued
- October 29, 2026
- Return Date & Time
- November 19, 2026 @ 2:00pm
How to submit
- Method
- Hard copy
- Instructions
- Return six (6) copies of the proposal to Mark J. McIntosh, RMC, Borough of Medford Lakes, 1 Cabin Circle, Medford Lakes, NJ 08055.
Contract details
- Term
- one (1) year
- Insurance and bonding
- Professional liability insurance in an amount of at least $1,000,000 with a carrier that has an AAA rating by Best Insurance Digest.
- Funding
- 2027 Temporary and/or Final Budgets