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  5. ›CCRFP FOR CLAIMS ADMINISTRATION EXCESS PROPERTY

New Jersey Municipal Excess Liability Joint Insurance Fund·New Jersey

CCRFP FOR CLAIMS ADMINISTRATION EXCESS PROPERTY

Closes 11/12/2025$1.5M – $6MRequest for ProposalLogin required
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Description

The New Jersey Municipal Excess Liability Joint Insurance Fund (NJMEL) is seeking proposals from qualified firms to provide claims administration services for its Excess Property program. The selected administrator will manage the intake, investigation, evaluation, and settlement of excess property claims. The contract will be for a duration of 3 years. • The proposer should have demonstrated expertise in large-scale property loss management and municipal insurance operations. • The proposer should be able to work closely with member Joint Insurance Funds, insurers, and vendors to ensure accurate reporting, timely resolution, and compliance with applicable insurance and regulatory standards. • The proposer should be able to provide claims administration services, including intake, investigation, evaluation, and settlement of excess property claims. • The proposer should be able to provide electronic submission of proposals and have experience with BidNet Direct platform.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Matthew Cavallo(Qualified Purchasing Agent)

[email protected]

(973) 703-4070

Key dates

Opened
10/21/2025
Questions due
11/3/2025
Closes
11/12/2025
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524291
Solicitation №
25-06

Budget estimate

$1,500,000 – $6,000,000

The budget for this contract can be estimated based on the scope of work, which includes claims administration services for the Excess Property program. The contract duration is 3 years, and the services will be provided to the New Jersey Municipal Excess Liability Joint Insurance Fund. Given the complexity of the services and the need for specialized expertise, the budget could range from $500,000 to $2,000,000 per year, depending on the scope of work, the number of claims to be administered, and the level of expertise required. Over the 3-year contract duration, the total budget could be in the range of $1,500,000 to $6,000,000. Factors that may influence the likely payment range include the level of competition, the proposer's experience and expertise, and the specific requirements of the contract.

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