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  5. ›2026 Broker of Record

Township of Middletown·New Jersey

2026 Broker of Record

Closes 12/23/2025$50k – $200kRequest for Proposal
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Description

The Township of Middletown is seeking a Broker of Record to provide advisory services and procure third-party administrative services and excess liability coverage for the Township's self-insured medical, dental, vision, and prescription plans. The Broker will be responsible for providing plan design and comparative analysis of the Township's public or private marketplace alternatives. The successful applicant will be required to comply with various regulations, including affirmative action and equal employment opportunity requirements. • The Broker must be qualified and authorized to be recognized as a broker of record for all prospective third-party administrators, insurance carriers, and related companies for the Township. • The Broker must have experience in rendering professional services to public entities. • The Broker must provide a statement of qualifications, including all applicable professional licenses held. • The Broker must provide a proposal for compensation or a schedule of fees to be charged for such professional services.

Attached files

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

Contact

Mike Rizzo(Director of Purchasing)

[email protected]

(732) 615-2092

Key dates

Opened
12/12/2025
Closes
12/23/2025
Duration
1 year

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524210
Solicitation №
2025-Professionals-59

Budget estimate

$50,000 – $200,000

The budget for this contract is likely to be in the range of $50,000 to $200,000 per year, depending on the scope of services and the number of employees covered by the Township's self-insured plans. This estimate is based on the fact that the Township is seeking a Broker of Record to provide advisory services and procure third-party administrative services and excess liability coverage, which are typically provided on a fee-for-service basis. The actual budget will depend on the specific services provided and the fees negotiated with the successful applicant.

AI estimate from the solicitation

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