TOWNSHIP OF PARSIPPANY-TROY HILLS
County of Morris
State of New Jersey
REQUEST FOR PROPOSALS (RFP)
FAIR & OPEN PUBLIC SOLICITATION PROCESS
PROFESSIONAL SERVICE: RISK MANAGEMENT CONSULTANT
Submission Date:
FRIDAY JANUARY 29, 2026
10:00 A.M. prevailing time
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TOWNSHIP OF PARSIPPANY-TROY HILLS
MORRIS COUNTY, NEW JERSEY
PUBLIC NOTICE FOR THE SOLICITATION OF REQUEST FOR PROPOSALS FOR
VARIOUS PROFESSIONAL SERVICES
FOR SERVICES THROUGH DECEMBER 31, 2026
NOTICE IS HEREBY GIVEN that sealed request for proposal submissions will be received by
the Township of Parsippany-Troy Hills Director of Purchasing for the services set forth below in accordance
with the “fair and open process” pursuant to N.J.S.A. 19:44A-20.5, et seq.:
RFP#
RFP2026-13
PROFESSIONAL SERVICE
Risk Management Consultant
Submission package may be examined or obtained at the Township Purchasing Office, Township
of Parsippany-Troy Hills, 1001 Parsippany Boulevard, Parsippany, NJ 07054 (phone 973-263-4377),
Monday through Friday during business hours, 8:30 a.m. to 4:30 p.m. or downloadable on the Township’s
website www.parsippany.net/notices.
Request for proposals (“RFP”) responses shall be submitted to Suzanne Taylor, Director of
Purchasing, Township of Parsippany-Troy Hills, 1001 Parsippany Boulevard, Parsippany, NJ 07054, on or
before Friday, January 29, 2026, at 10:00 am prevailing time, at which time said responses will be publicly
opened and read in the Municipal Chambers.
Responses must be enclosed in a sealed envelope. The service provider must indicate the following
on the outside of the envelope: (1) the name and address of the service provider; (2) the RFP# and Title
of the Professional Service for which the response is submitted; and (3) “Sealed RFP Response”.
Responses may be delivered by hand, overnight courier or mail. The envelope containing the response
must be received by the Township of Parsippany-Troy Hills by the date and time set forth above. No late
responses will be accepted.
If awarded a contract, your company/firm shall be required to comply with the requirements of
N.J.S.A. 10:5-31 et seq. and N.J.A.C. 17:27-1.1 et. seq.
Contracts will be awarded based on the most advantageous responses. The Township of
Parsippany-Troy Hills reserves the right to reject any or all responses.
Suzanne Taylor
Director of Purchasing
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INVITATION TO SUBMIT PROPOSALS
Proposals are being solicited through a fair and open process in accordance with N.J.S.A. 19:44A-20, et seq.
Copies of Request for Proposals (RFP) will be available at the Township Purchasing Office, located at 1001 Parsippany
Boulevard, Parsippany, New Jersey 07054.
Sealed RFP responses must be received by the Purchasing Agent no later than 10:00 a.m. on Friday, January 29, 2026.
Proposals (one original and one copy) shall be submitted in a sealed envelope to:
Suzanne Taylor, Director of Purchasing
Township of Parsippany-Troy Hills
1001 Parsippany Boulevard
Parsippany, New Jersey 07054
Respondent will be selected based upon an evaluation of the most advantageous proposal, price, and other factors.
Respondents are expected to examine the RFP with care and observe all its requirements. All questions about the
meaning or intent of this RFP shall be submitted in writing no less than 7 days prior to the due date of the proposal.
All interpretations and clarifications considered necessary by the Township’s representative in response to such
comments and questions shall be responded to no less than 5 days prior to the due date of the proposal and will be
posted online at www.parsippany.net/notices.
The Township assumes no responsibility and liability for costs incurred by the Respondents prior to the issuance of
an agreement. The liability of the Township shall be limited to the terms and conditions of the contract. Respondents
will assume responsibility for all costs not stated in their proposals. All unit rates either stated in the proposal or used
as a basis for its pricing are required to be all-inclusive. Additional charges, unless incurred for additional work
performed by request of the Township, are not to be billed and will not be paid.
Any contract entered into between the Respondent and the Township must be in accordance with and subject to
compliance by both parties with the New Jersey Local Public Contracts Law. The Respondent must agree to comply
with the nondiscrimination provisions and all other laws and regulations applicable to the performance of services
there under. The Respondent shall sign and acknowledge such forms and certificates as may be required by this section.
No corporation or partnership shall be awarded any contract for the performance of any work or the furnishing of any
goods, unless, with receipt of the proposal of said corporation or partnership, there is submitted a statement setting
forth the names and addresses of all stockholders in the corporation or partnership who own ten (10) percent or greater
interest therein. The Respondent shall complete and submit the form of statement that is included in this RFP.
The right to reject any or all proposals and to waive immaterial formalities is reserved by the Township.
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SCOPE OF SERVICES & EVALUATION CRITERIA
The Township of Parsippany-Troy Hills (“Township”) is soliciting proposals to provide for the following
Professional Services:
RFP2026-13 Risk Management Consultant
Scope of Services:
The Risk Management Consultant shall assist the Township in identifying its insurable exposures and to
recommend professional methods to reduce, assume or transfer the risk or loss.
Assist the Township in understanding and selecting the various coverages available from the New Jersey
Intergovernmental Insurance Fund (NJIIF).
Review with the Township any additional coverages that the Risk Management Consultant feels should be
carried, but not available from the NJIIF, and subject to the Township’s authorization, place such
coverages.
Assist the Township in the preparation of the application, statements of values and similar documents
requested by the NJIIF. This does not include any appraisal work by the Risk Management Consultant.
Review the Township’s assessment as prepared by the NJIIF and assist in the preparation of its annual
insurance budget.
Review the loss and engineering reports and generally assist the Safety Committee in its loss containment
objectives.
Assist where needed in the settlement of the claims, not including work normally done by a public adjuster.
Any other services required by the NJIIF’s Bylaws.
Proposals will be evaluated by the Township of Parsippany-Troy Hills on the basis of the most
advantageous, price and other factors considered. The evaluation will consider:
a. Experience and reputation in the field;
b. Knowledge of the Township of Parsippany-Troy Hills and the subject matter to be addressed under the
contract;
c. Availability to accommodate any required meetings of the Township;
d. Experience in Municipal Self Insurance Programs, Joint Insurance Funds, by-laws of Joint Insurance
Funds, and compensation procedures of Joint Insurance Funds;
e. Other factors to be demonstrated to be in the best interest of the Township of Parsippany-Troy Hills
f. Compensation proposal.
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SCHEDULE OF EVENTS
EVENT
DATE
RFP Issue Date……………………………………………………………………………………………..…1/14/26
RFP Response Due Date……………………………………………………………………………………...1/29/26
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This is the opportunity summary page. It provides an overview of this opportunity and a preview of the attached documentation.
