Request for Proposals- Risk Management Services 2026-2027 due 10-23-25

The City of Summit is soliciting proposals for Risk Management Services covering the calendar years 2026-2027. This informal Request for Information and Proposal (RFIP) aims to identify qualified consultants to manage the City's insurance programs, assess insurable exposures, coordinate coverages, assist with claims, and implement loss control objectives. Key responsibilities include comprehensive insurance plan administration, facilitating the annual renewal process, diligent claims management, and active participation in various risk management meetings. Prospective vendors are required to submit detailed proposals outlining their company structure, qualifications of key personnel, experience with municipal government, and a pricing structure, including a commission percentage not exceeding 6% of the Municipality's annual assessment. Additionally, proposals must demonstrate compliance with New Jersey statutes regarding affirmative action, business registration, and disability acts, alongside adherence to specified insurance requirements for general liability, worker's compensation, employer's liability, automobile liability, and professional liability. Proposals must be submitted to Megan Champney Kweselait by the submission deadline of October 23, 2025, at 4:00 PM. The City retains the right to either not award a contract from this RFIP or to initiate a formal public procurement process if the informal responses do not meet their requirements.