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  5. ›RM-192607 Insurance and Risk Management Consulting Services

New Jersey Turnpike Authority (Njta)·New Jersey

RM-192607 Insurance and Risk Management Consulting Services

Closes 4/1/2025$200k – $500kRequest for Proposal
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Description

The New Jersey Turnpike Authority is seeking qualified providers to deliver comprehensive insurance and risk‑management consulting services. The scope includes advising on insurance program design, risk assessment, claims management, compliance, and strategic risk‑mitigation solutions for the Authority’s assets and operations. Successful contractors will act as a trusted advisor, providing expertise to help the Authority optimize its insurance coverage, reduce exposure, and achieve cost efficiencies. • Develop and maintain an insurance program strategy aligned with the Authority’s risk profile. • Conduct risk assessments, recommend coverage options, and manage claims processes. • Provide ongoing consulting on regulatory compliance, cost‑saving opportunities, and risk‑mitigation best practices.

Attached files

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

Key dates

Opened
6/4/2026
Closes
4/1/2025

Last updated

Details

Type
Request for Proposal
Industry
Risk Management
NAICS
541618
Solicitation №
RM-192607

Budget estimate

$200,000 – $500,000

The solicitation does not disclose a contract value. Based on typical multi‑year consulting engagements for a statewide transportation authority, a reasonable estimate ranges from a few hundred thousand dollars up to half a million, depending on the scope, duration, and level of expertise required.

AI estimate from the solicitation

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