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  5. ›CC 26-02 - Broker of Record for Employee Benefits

Edison Township Public School District·New Jersey

CC 26-02 - Broker of Record for Employee Benefits

Closes 4/17/2026$50k – $150kRequest for Proposal
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Description

The Edison Township Board of Education is seeking a qualified vendor to act as the Broker of Record for its employee health‑insurance and prescription‑drug benefit programs. The broker will manage relationships with carriers and pharmacy‑benefit managers, handle administration, reporting, compliance, and serve as the primary point of contact for employee benefit inquiries. This is a competitive sealed‑proposal solicitation under New Jersey’s Competitive Contracting statutes. • Manage all aspects of the district’s employee health and prescription benefit plans, including carrier negotiations and ongoing administration. • Provide compliance support, reporting, and advisory services on plan design and cost‑containment strategies. • Serve as the single point of contact for employee inquiries, claims assistance, and coordination with third‑party administrators. • Submit a sealed hard‑copy proposal by the April 17, 2026 deadline; electronic submissions are not accepted.

Attached files

Contact

Kyle Garland(Procurement liaison)

[email protected]

Key dates

Opened
10/1/2026
Closes
4/17/2026

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524210
Solicitation №
CC 26-02

Budget estimate

$50,000 – $150,000

No contract value is disclosed. Typical broker‑of‑record fees for school districts range from 1% to 3% of total employee benefits expenditures. Assuming a mid‑size district with roughly 300 employees and an annual benefits cost of $5‑10 million, the annual broker fee would likely fall between $50,000 and $150,000. The estimate accounts for variability in employee count, benefit plan complexity, and negotiated fee structures.

AI estimate from the solicitation

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