What the buyer needs
AI summaryThe buyer seeks risk management consultant services to assist the township in identifying insurable exposures and recommending methods to manage risk loss. The consultant will also review additional coverages and assist with the annual insurance budget. The consultant will review contractor certificates of insurance and attend fund meetings as required. Other services may be performed as requested by the township or fund.
Scope of work
- Identify insurable property and casualty exposures and recommend risk reduction methods
- Assist in understanding and selecting coverages from the Joint Insurance Funds
- Review and place authorized additional coverages outside the Fund
- Assist in preparing applications, renewals, and statements of values
- Review Fund assessments and assist in preparing the annual insurance budget
- Review loss and engineering reports and attend at least four Municipal Safety Committee meetings
- Assist in claims settlement and review Certificates of Insurance
- Attend the majority of Fund meetings and perform other required services
How proposals are evaluated
| Criterion | Weight / scoring |
|---|---|
| Qualifications of the individual or firm who will perform the service or activity | Not specified |
| Experience and references | Not specified |
| Ability to perform the service or activity in a timely fashion, including staffing and the staff's familiarity of the service or activity | Not specified |
| Cost Competitiveness | Not specified |
Minimum qualifications
- New Jersey licensed property/casualty insurance agent or broker
- Insurance Producer pursuant to N.J.S.A. 17:22-A, not a Fund Commissioner
- Demonstrated prior experience in the management of public insurance risks
- Minimum of five (5) years' experience representing municipalities in risk management services
- Sufficient support staff to provide all services required by the Township
- List of past and present public employers represented as Risk Management Consultant
Documents to include with your response
- Ownership Disclosure Certification (Exhibit B)
- Affidavit of Non-Collusion (Exhibit D)
- New Jersey Business Registration Certificate
- Acknowledgment of Receipt of Addenda (Exhibit A)
- Evidence Demonstrating Proposer Meets Qualifications
- Cost Qualification
- Affirmative Action Affidavit (Exhibit C)
- Disclosure of Prohibited Investment Activities in Iran, Russia and Belarus (Exhibit G)
- Signatory Page (Exhibit H)
- RFP Document Checklist (Exhibit I)
How to submit
- Method
- Physical delivery or mail
- Instructions
- Address all proposals to Nikole H. Baltycki, Township Administrator, Township of West Caldwell, 30 Clinton Road, West Caldwell, NJ 07006.