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Palisades Park Board of Education·New Jersey

Request for Proposal - Extraordinary Unspecifiable Services - Broker of Insurance Services Property & Casualty and Workers’ Compensation - 04/27/2026

Closes 5/15/2026$50k – $150kRequest for Proposal
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Description

The Palisades Park Board of Education is seeking a qualified insurance broker to provide comprehensive property & casualty and workers’ compensation brokerage services for the 2026‑2027 school year. The broker will act as the district’s primary insurer liaison, handling policy placement, renewal, claims assistance, risk advisory, and related administrative functions. This is a non‑competitive EUS procurement; proposals must be submitted in sealed hard copy with an electronic PDF on a USB drive by the May 15 deadline. • Scope includes both property & casualty and workers’ compensation coverage for the school district. • Vendor must be licensed in New Jersey and have experience servicing public‑sector or educational clients. • Single‑source award possible under New Jersey Extraordinary Unspecifiable Services rules; no budget amount disclosed. • All questions must be submitted in writing by May 8, 2026, directed to the Interim School Business Administrator.

Attached files

Contact

Emidio D’Andrea(Interim School Business Administrator)

[email protected]

Key dates

Opened
4/27/2026
Questions due
5/8/2026
Closes
5/15/2026
Duration
1 year

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524210
Solicitation №
EUS/RFP

Budget estimate

$50,000 – $150,000

No contract value is disclosed. Typical school‑district insurance brokerage fees for combined property & casualty and workers’ compensation programs range from roughly 0.5% to 1.5% of total premium, which for a district of this size usually translates to annual fees between $50,000 and $150,000. Therefore, an estimated budget range of $50K‑$150K is reasonable, depending on the district’s total insured value and negotiated commission structure.

AI estimate from the solicitation

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