Clifton Public School District Agenda Regular Board Meeting 2026-05-21
Board Renews Risk Management Consultant with PIP-NJ
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Description
The Clifton Board of Education approved continued participation in the Pooled Insurance Program of NJ with an appointed risk management consultant for FY 2026–2027. The consultant will receive 6% of the insurance program cost, paid quarterly by the fund, to provide risk management and insurance advisory services.
Contract Details
Contract Amount
6% of annual insurance assessment, paid quarterly
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
Renewal Date
2027-06-30
Renewal Info
Appointment runs from July 1, 2026 until June 30, 2027 and continues until a successor is appointed and qualified. Fee is 6% annually, paid in four quarterly installments by the insurance fund.
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