Broker Services for the Business Insurance Program

Location:	New Jersey
Posted:	Jul 10, 2026
Due:	Jul 22, 2026
Agency:	State Government of New Jersey
Type of Government:	State & Local
Category:	G - Social Services R - Professional, Administrative and Management Support Services
Solicitation No:	GP-0308-R01
Publication URL:	To access bid details, please log in.

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Contract No.

GP-0308-R01

Contract Name

Broker Services for the Business Insurance Program

The New Jersey Schools Development Authority (“NJSDA”) is seeking to engage a Broker to design, market, negotiate,

implement, and service an insurance program that will provide the NJSDA with the broadest coverage at the most cost-

effective price. The policies included in the current insurance program are: Business Administration Package (this includes

General Liability, Business Personal Property, Electronic Data Processing Property, Valuable Papers and Extra Expense);

Automobile; Worker’s Compensation; Umbrella Liability; Excess Liability; Public Officials’ & Employment Practices Liability;

Cyber/Crime; Excess Public Officials & Employment Practices Liability; Workplace Violence/Active Shooter; and General

Liability for the Real Estate Owned (“REO”) inventory. The selected Broker shall be responsible for the placement and

servicing of the NJSDA's Business Insurance Program commencing on December 14, 2026 at 12:01 AM, including

subsequent annual renewals during the term of the Agreement. In addition, the selected Broker may be consulted to

assess additional risk and/or procure additional insurance, as deemed necessary by the NJSDA.

A complete copy of the Request for Proposals (“RFP”) which outlines the steps required for participation in this

procurement, may be obtained at click here to view RFP. Proposals must be submitted in compliance with and subject to

all terms set forth in the RFP.

Procurement Overview:

This is a solicitation for Broker Services for the Business Insurance Program. This solicitation seeks responses from

interested firms in the form of a Technical Proposal, which provides information regarding the firms past experience and

qualifications for evaluation by a Selection Committee charged with evaluation and scoring of the submittals. The

Evaluation Criteria to be considered, and their relative weights, are as follows:

1. Understanding of the Purposes of this Engagement (10 points);

2. Firm Experience (30 points);

3. Team Structure and Key Team Members Experience and Qualifications (30 points); and

4. Approach to Providing the Required Scope of Services (30 points).

Responsive firms will be evaluated and scored by a Selection Committee on the basis of their written Technical Proposal

submissions. Following the scoring of the Technical Proposals, all responsive firms will participate in interviews with the

Selection Committee and will be separately scored on the basis of the interviews using the same criteria and point values

used to evaluate the Technical Proposal. The scores for the written submission and the interview will be added together

and averaged to obtain a firm’s Final Combined Score.

After all Final Combined Scores have been calculated, the firm with the highest Final Combined Score (i.e., first-ranked

firm) will be required to submit a Coverage and Price Proposal. Should the NJSDA determine the Coverage and Price

Proposal submitted by the first-ranked firm to be unsatisfactory based on coverage/cost/terms and conditions, the NJSDA

will terminate discussions with the first-ranked firm and will then solicit a Coverage and Price Proposal from the second-

ranked firm. Should the NJSDA determine the Coverage and Price Proposal submitted by the second-ranked firm to be

unsatisfactory based on coverage/cost/terms and conditions, the NJSDA will terminate discussions with the second-

ranked firm and will then solicit a Coverage and Price Proposal from the third-ranked firm. Should the NJSDA determine

the Coverage and Price Proposal submitted by the third-ranked firm to be unsatisfactory based on coverage/cost/terms

and conditions, the NJSDA may reject all Proposals.

The NJSDA staff will then make a recommendation of award to the selected firm at coverage/cost/terms and conditions

determined to be fair and reasonable

Procurement Requirements:

There is no standard NJSDA pre-qualification requirement applicable to this procurement however; to be selected, a firm

must be approved for moral integrity, as set forth in the RFP.

Procurement Submission Dates and Deadlines:

A. Notice of Intent to Participate:

The NJSDA will not hold a traditional pre-proposal conference for this procurement. Any firm wishing to submit

a Technical Proposal must provide timely notice of their intent to participate in the procurement by sending an

e-mail message indicating such intent to Dave Kutch at dkutch@njsda.gov no later than 2:00 PM Eastern Time

on July 2, 2026. This notice is required in order to submit a Technical Proposal but does not bind a prospective

proposer in any way. Failure to timely submit the notice of intent will result in NJSDA rejecting any Technical

Proposal later submitted.

B. Questions from Interested Firms:

Firms may submit written questions regarding this procurement to the NJSDA by sending them by e-mail to

Dave Kutch at dkutch@njsda.gov no later than 2:00 PM Eastern Time on July 2, 2026. The questions and NJSDA

answers will be provided via an addendum to the RFP to each firm that submitted a timely e-mail message to

Dave Kutch at dkutch@njsda.gov indicating their intent to participate in the procurement.

C. Submission of Technical Proposals:

The Technical Proposal (one (1) unbound original) must be received by the NJSDA no later than 2:00 PM Eastern

Time on July 22, 2026. Submissions will only be accepted by overnight or hand delivery at the following address:

NJSDA

32 East Front Street

Trenton, NJ 08608

Attention: Dave Kutch, Senior Procurement Specialist

Subject: Broker Services for the Business Insurance Program Proposal – GP-0308-R01

In the event of a closure of the NJSDA office due to a state directive, inclement weather or other unforeseen

circumstances, the due date and time for submission of Technical Proposals will automatically be extended until

the next business day that the NJSDA office is open.

Submissions received after the date and time listed above will not be forwarded to the Selection Committee for

review. Faxed or e-mailed submissions will not be accepted.

D. Opening of Technical Proposals:

Technical Proposals will be publicly opened at the NJSDA office at 2:00 PM Eastern Time on July 22, 2026.

For further information on the NJSDA, please visit us at www.njsda.gov.

DATE ADVERTISED: June 17, 2026

This is the opportunity summary page. It provides an overview of this opportunity and a preview of the attached documentation.

contract no.	rebid no.	district	general description	advertisement date	proposal Prebid Conference date	due date	bid open	addendum #
GP-0308-R01	Multi-District, Project, or Statewide	Broker Services for the Business Insurance Program	06/17/2026	07/22/2026	07/22/2026	1

Broker Services for the Business Insurance Program

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