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Lead Closed

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Rfp Rfp Risk Management Consultant/Insurance Broker (Other Than Health) Posted: 08/03/2026 04:00 Pm Due By: 08/14/2026 10:00 Am

BID #: N/A
ISSUED: 8/3/2026
DUE: 8/14/2026
VALUE: TBD
100
Rating

Risk Rank

Green Risk

AI-Powered Lead Insights

Executive Summary

The City of Bayonne, New Jersey, is soliciting proposals for a qualified Risk Management Consultant/Insurance Broker, specifically excluding health benefits, to manage its comprehensive risk management program. This critical role involves focusing on all property and casualty lines of insurance. The scope of work includes iterative risk assessment, ongoing policy analysis, robust claims administration support, and the strategic placement of various commercial insurance coverages such as general liability, automobile, workers’ compensation, and property. The chosen consultant will be expected to provide continuous expert feedback regarding the City’s position and exposures within the dynamic insurance market to ensure optimal coverage and proactive risk mitigation strategies. Prospective contractors must meet stringent qualification requirements, including a minimum of ten (10) years of experience in risk management and insurance consulting, and must be either an owner or employed by a New Jersey licensed general insurance brokerage. Furthermore, firms are mandated to demonstrate at least ten (10) years of experience specifically addressing risk and insurance issues for local government entities, with a preference given to applicants experienced in working with Municipal Joint Insurance Funds. Respondents must also ensure they have sufficient support staff available for both scheduled and as-needed proactive and reactive assistance to City Departments and supervisory personnel, and be available to attend public City Council meetings and internal administrative meetings as required. Applicants must also list past and present municipal or government authorities they have represented. Proposals are due by August 14, 2026, at 10:00 a.m. local prevailing time. Submissions must include one (1) originally signed copy of the proposal, either bound or stapled, along with one (1) electronic copy of the entire document on a USB drive or disc. Required standardized submission forms encompass the "Proposal, Qualifications and Costs Submission Form," a signed and notarized "Non-Collusion Affidavit," a signed Disclosure of Ownership form, a copy of the vendor's current "New Jersey Business Registration Certificate," a State of New Jersey Certificate of Good Standing, and a signed W-9 form. All responses must be submitted in a sealed envelope, clearly marked with the vendor's name and the nature of the professional services solicited, to the City of Bayonne, Attn: Office of the City Clerk, 630 Avenue C, Room 2, Bayonne, New Jersey 07002. Mandatory insurance coverages include Worker’s Compensation, General Liability ($1,000,000 per occurrence, $2,000,000 aggregate), Automotive Liability ($1,000,000 per occurrence, $2,000,000 aggregate), and Professional Liability ($1,000,000 per occurrence, claims-based).

Detailed Risk Breakdown

local preference

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performance bond

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liquidated damages

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Quick Actions

Contacts

Office of the City Clerk

City Clerk · City Clerk

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Timeline

First Discovered

Aug 4, 2026

Last Info Update

Aug 15, 2026

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