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  5. ›FUND RISK MANAGEMENT CONSULTANT

New Jersey Monmouth County Municipal Joint Insurance Fund·New Jersey

FUND RISK MANAGEMENT CONSULTANT

Closes 12/16/2025$3k – $10kRequest for ProposalLogin required
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Description

The Monmouth County Municipal Joint Insurance Fund is seeking a Fund Risk Management Consultant to provide risk management services to the Fund's participating municipalities. The consultant will assist in identifying insurable Property and Casualty exposures, recommend methods to reduce or transfer risk, and review coverage options. The consultant will also assist in the preparation of applications, statements of values, and other documents, and will provide loss containment services. The term of the contract is for one year, with the option to renew for up to five years. The consultant must have experience in providing risk management services to joint insurance funds or self-insured governmental entities, and must demonstrate knowledge of regulations and financial matters related to joint insurance funds. • The consultant will provide risk management services to the Fund's participating municipalities. • The consultant will assist in identifying insurable Property and Casualty exposures and recommend methods to reduce or transfer risk. • The consultant will review coverage options and assist in the preparation of applications, statements of values, and other documents. • The consultant will provide loss containment services and assist in the settlement of claims. • The consultant must have experience in providing risk management services to joint insurance funds or self-insured governmental entities. • The consultant must demonstrate knowledge of regulations and financial matters related to joint insurance funds.

Attached files

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

Contact

Sean Canning(Purchasing Agent)

[email protected]

(862) 228-3563

Key dates

Opened
11/14/2025
Questions due
12/9/2025
Closes
12/16/2025
Duration
1 year

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
5241
Solicitation №
25-04

Budget estimate

$2,500 – $10,000

The budget for this opportunity is capped at $2,500 per year, and the Fund will also pay an additional fee to the named Fund Risk Manager for each Fund member who elects or defaults to the Fund Risk Manager. The total budget will depend on the number of Fund members who elect or default to the Fund Risk Manager. Based on the information provided, it is estimated that the total budget could range from $2,500 to $10,000 per year, depending on the number of Fund members and the additional fee paid to the Fund Risk Manager.

AI estimate from the solicitation

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