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  5. ›Notice of Resolution Awarding Agreement for Extraordinary…

Awarded contract·Cherry Hill Public Schools·New Jersey

Notice of Resolution Awarding Agreement for Extraordinary Unspecifiable Services (Insurance Broker of Record)

Won by Horizon Blue Cross Blue Shield$150MAwarded 5/26/2026Single Award
Contract source

Awarded vendors

  • Horizon Blue Cross Blue Shield

Description

The Cherry Hill Board of Education approved a one‑year health‑insurance agreement with Horizon Blue Cross Blue Shield to provide health benefits for district employees and students. This award was made without a competitive bidding process and will run from July 2026 through June 2027. • Scope: Provide comprehensive health‑insurance coverage for all eligible district members. • Period: Effective July 1 2026, terminating no later than June 30 2027. • Award Process: Sole‑source award authorized by the Board’s May 26 2026 meeting resolution.

Attached files

The award documents live at the source — open the contract source above to download them.

Key dates

Intent to award
5/26/2026
Awarded
5/26/2026
Starts
7/1/2026
Ends
6/30/2027
Duration
12 months

Last updated

Details

Award type
Single Award
Procurement
Sole Source
Industry
Healthcare and Medical Services
NAICS
524114

Contract value

$150,000,000

The district serves roughly 30,000 students plus about 2,000 staff members (≈32,000 covered lives). Assuming an average annual premium of $7,000 per person (typical for employer‑provided group health plans) yields an estimated contract value of 32,000 × $7,000 ≈ $224 million. Considering possible discounts for a public‑sector group plan and the fact that only a portion of the population may be fully covered (e.g., dependent coverage, tiered plans), a more conservative ball‑park of $150 million is reasonable. This estimate reflects the scale of a full‑district health‑insurance program for one year.

AI estimate from the award documents

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