City of Jersey City seeks qualified insurance brokerage firms for medical, prescription, dental, and stop-loss insurance programs. Proposals due November 19, 2026, 4:00 PM. Must be delivered to dedicated lockbox at Division of Purchasing, 280 Grove Street, Room 116. Contract term is one year. Maximum annual fee is $450,000. Evaluation based on experience, knowledge, availability, and public sector brokerage results. Compliance with NJ affirmative action and business registration required.
Proposals must be received by 4:00 PM on Thursday, November 19, 2026. proposals must be received no later than thursday, november 19, 2026, at 4: 00 pm.
Payment within 60 days of invoice for hourly rate structure, or monthly installments for flat annual rate. the amount shall be paid within sixty 60 days of receiving an invoice from consultant.
Evaluation based on most advantageous, price and other factors considered including experience, knowledge, availability, and public sector results.
Respondents must have substantial experience serving large corporations, municipalities, or state agencies and demonstrate a proven record of providing broker services to municipalities and/or other public sector entities of similar size and complexity.
Written requests must be received at least seven 7 business days prior to the date fixed for the opening of the qualification statements.
Failure to download specifications, acknowledge addenda, or include required forms may result in rejection. failure to download rfq specifications and acknowledge receipt of addenda shall result in rfq rejection.
The maximum annual fee is $450,000. the maximum annual fee for the services under this contract shall not exceed four hundred and fifty thousand dollars 450, ****.