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  5. ›Legal Notice: Notice of Request – Broker of Record 2026

Closter Public Schools·New Jersey

Legal Notice: Notice of Request – Broker of Record 2026

Closes 5/20/2026$100k – $300kRequest for Proposal
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Description

The Closter Board of Education is seeking qualified firms to serve as a Broker of Record for the district’s medical and dental services. The broker will act as the primary liaison between the school district and health‑service providers, handling procurement, contracting, compliance, and ongoing support for enrollment, claims, and reporting. This role is essential for ensuring that student health plans are administered efficiently and in accordance with New Jersey regulations. • Serve as the central point of contact between the district and medical/dental providers. • Facilitate procurement, contracting, and management of health‑related services. • Ensure compliance with N.J.A.C. 6A:23A‑5.2 (a)(5) and other state regulations. • Provide ongoing enrollment, claims processing, and reporting support. • Submit a complete proposal (one original + two copies) by the May 20, 2026 deadline.

Attached files

Contact

Floro M. Villanueva Jr.(School Business Administrator / Board Secretary)

Key dates

Opened
4/6/2026
Closes
5/20/2026

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524210

Budget estimate

$100,000 – $300,000

The notice does not disclose a contract value. Typical broker commissions for school health plans range from 3% to 5% of the total premium volume. Assuming a mid‑size district with 1,500 students and an average annual medical/dental premium of $1,200 per student, the total premium could be roughly $1.8 million. At a 3‑5% commission, annual broker revenue would fall between $54,000 and $90,000. However, additional fees for management, reporting, and compliance could raise the total contract value to an estimated $100,000–$300,000 over the contract term.

AI estimate from the solicitation

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