somerset_county_employee_benefits_plans_contract_a.pdf
County awards employee benefits consulting contract
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Description
Somerset County Board of County Commissioners awarded Contract CY-COM-0023-26 to Foundation Risk Partners, Corp dba Fairview Insurance Agency Associates, Inc. for consulting services for the County’s employee benefits plans at $100,000 per year. The agreement runs from January 1, 2026, through December 31, 2026, with options to extend through 2030 at the same annual cost.
Contract Details
Contract Amount
$100,000.00 per year (2026–2030, optional extensions)
Vendor
FOUNDATION RISK PARTNERS CORP DBA FAIRVIEW INSURANCE AGENCY ASSOCIATES INC
Agency
Somerset County, NJ
Contract Type
PROFESSIONAL_SERVICES
Document Date
December 16, 2025
Contract Term
January 1, 2026 – December 31, 2026; first year of a three-year contract with two optional one-year extensions through December 31, 2030
Renewal Date
2030-12-31
Renewal Info
Initial three-year term beginning January 1, 2026, with two optional one-year renewals for 2029 and 2030 at $100,000 annually, exercisable at the County’s discretion.
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