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INSURANCEAPPROVED

Teaneck Board of Education Regular Public Meeting Minutes September 2025

Board Approves Health Benefits Broker Foundation Risk Partners

No additional cost to the District; compensation paid by insurance carrier(s)Teaneck School DistrictFOUNDATION RISK PARTNERSSeptember 17, 2025

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Teaneck Board of Education approved an Extraordinary Unspecifiable Services contract with Foundation Risk Partners to provide health insurance consulting and brokerage services from July 1, 2025 through June 30, 2028. The agreement carries no direct cost to the district, as compensation is paid by the insurance carriers, and includes two optional one-year extensions.

Contract Details

Contract Amount

No additional cost to the District; compensation paid by insurance carrier(s)

Vendor

FOUNDATION RISK PARTNERS

Agency

Teaneck School District, NJ

Contract Type

INSURANCE

Document Date

September 17, 2025

Contract Term

July 1, 2025 – June 30, 2028, with option to extend two (2) one-year periods

Renewal Date

2028-06-30

Renewal Info

Initial term 7/1/2025–6/30/2028 with two optional one-year extensions at the Board's discretion under the same EUS framework.

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