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  5. ›RFP Risk Manager Consultant 2023

Borough of Atlantic Highlands·New Jersey

RFP Risk Manager Consultant 2023

Rolling / TBD close$30k – $90kRequest for Proposal
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Description

The Borough of Atlantic Highlands seeks a qualified risk‑manager consultant (or consulting firm) to provide comprehensive risk‑management services for the 2023 calendar year. The consultant must be a New Jersey‑licensed property/casualty insurance producer and be pre‑qualified by the Monmouth County Municipal Joint Insurance Fund (JIF). Core duties include identifying insurable exposures, advising on JIF coverages, preparing applications, reviewing loss reports, assisting with claims, and participating in safety‑committee activities. Compensation is structured as 6 % of the JIF assessment for the borough, with no fixed dollar amount. The contract runs from January 1 2023 to December 31 2023, and the bidder must submit a sealed proposal by December 14 2022, 11:00 a.m. **Key points:** • Must hold a NJ insurance‑producer license and be pre‑approved by the Monmouth County JIF. • Deliverables include risk‑exposure analysis, coverage recommendations, loss‑run reporting, claim‑review coordination, and attendance at JIF meetings. • Fee is 6 % of the annual JIF assessment; vendor must provide required insurance certificates, licensure proof, resumes, references, and various NJ compliance forms. • Submission deadline: December 14 2022, 11:00 a.m.; contract term: Jan 1 2023 – Dec 31 2023.

Attached files

Contact

Robert Ferragina(Borough Administrator)

[email protected]

Key dates

Opened
12/1/2022
Closes
Rolling / TBD
Duration
1 year

Last updated

Details

Type
Request for Proposal
Industry
Risk Management
NAICS
541618

Budget estimate

$30,000 – $90,000

The contract pays 6 % of the Monmouth County Joint Insurance Fund’s assessment for Atlantic Highlands. Assuming a typical municipal assessment in the range of $500,000–$1,500,000, the fee would be roughly $30,000–$90,000 for the year. Factors influencing the range include the actual assessment size, any additional services the borough may request, and the vendor’s own cost structure.

AI estimate from the solicitation

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