Health Benefits Insurance Consulting Awarded to Foundation Risk Partners
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Description
The Teaneck Board of Education approved an EUS contract with Foundation Risk Partners to provide insurance consulting and brokerage services for employee health benefits from July 2025 through June 2028. The contract, paid by the insurance carrier, includes two optional one-year renewals and is exempt from public bidding.
Contract Details
Contract Amount
No additional cost to District (compensated by insurance carrier)
Vendor
FOUNDATION RISK PARTNERS
Agency
Teaneck School District, NJ
Contract Type
INSURANCE
Document Date
September 10, 2025
Contract Term
July 1, 2025 – June 30, 2028, with two 1-year extension options
Renewal Date
2028-06-30
Renewal Info
Can be extended for two additional one-year periods at Board's option. EUS under NJ procurement laws.
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