What the buyer needs
AI summaryThe buyer seeks employee health and dental benefits broker services. The selected vendor will analyze and recommend insurance coverage, review current policies, and monitor relevant laws.
Scope of work
- Analyze and recommend all health and dental insurance coverage
- Market and provide competitive proposals when requested
- Review present policies and plans for accuracy, compliance, and financial prudency
- Assist Township in budget planning and evaluate rate change impacts
- Familiarize with Collective Bargaining Agreements to ensure equal or better coverage
- Monitor Federal and State law and code and assist in implementation
- Serve as liaison and intermediary with insurance carriers and Third Party Administrators
- Provide guidance on health benefit plans to Township retirees when requested
How proposals are evaluated
| Criterion | Weight / scoring |
|---|---|
| Qualification and merit | Not specified |
| Cost competitiveness | Not specified |
| Experience and references | Not specified |
Minimum qualifications
- Maintain principal business office within the State of New Jersey
- Designate a dedicated account manager for Township services
- Five (5) years experience as a Broker of Record for a public agency
- Actively licensed as a New Jersey insurance Broker for a minimum of ten (10) years
- Responsive to telephone calls and inquiries
- Provide three (3) current Public Employer client references in New Jersey
Documents to include with your response
- Qualification Information and 1-page narrative statement
- Fee schedules for 2027, 2027-2028, and 2027-2029
- Acknowledgement of Receipt of Addenda Form (Exhibit A)
- Ownership Disclosure Certification (Exhibit B)
- Affirmative Action Affidavit / Compliance Notice (Exhibit C)
- Affidavit of Non-Collusion (Exhibit D)
- Disclosure of Prohibited Investment Activities in Iran, Russia and Belarus (Exhibit G)
- Signatory Page (Exhibit H)
- RFP Document Checklist (Exhibit I)
- New Jersey Business Registration Certificate (prior to award)
How to submit
- Method
- Sealed hard copy and electronic copy (hand delivered or mailed)
- Instructions
- One (1) original hard copy clearly marked 'original' and one (1) complete copy in electronic format (CD/DVD/USB), in a sealed envelope clearly marked 'RFP for Broker of Record - Attn: Nikole H. Baltycki.' addressed to Nikole H. Baltycki, Township Administrator, Township of West Caldwell, 30 Clinton Road, West Caldwell, New Jersey 07006.