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Clifton Public School District Agenda Regular Board Meeting 2026-05-21

District engages PIP-NJ risk management consultant for 2026-27

6% each year of the Group assessment, paid quarterly (September 30, December 30, March 30 and June 30)Clifton Public School DistrictPOOLED INSURANCE PROGRAM OF NJ (PIP-NJ)May 21, 2026

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Description

Clifton Public School District will engage a Risk Management Consultant under the Pooled Insurance Program of NJ to provide insurance and risk advisory services from July 1, 2026 through June 30, 2027. The consultant will be paid 6% annually of the Group insurance assessment, in quarterly installments, and must maintain specified liability and professional coverages.

Contract Details

Contract Amount

6% each year of the Group assessment, paid quarterly (September 30, December 30, March 30 and June 30)

Vendor

POOLED INSURANCE PROGRAM OF NJ (PIP-NJ)

Agency

Clifton Public School District, NJ

Contract Type

INSURANCE

Document Date

May 21, 2026

Contract Term

July 1, 2026 – June 30, 2027, and until a successor is appointed and qualified

Renewal Date

2027-06-30

Renewal Info

Appointment runs for one year from July 1, 2026 to June 30, 2027 and continues until a successor is appointed and qualified; renewals or successor appointments must be authorized by the Board.

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