Pennsauken Township Board of Education Special Meeting Agenda May 2026
Benecard Services Recommended for Prescription Insurance
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Description
The Pennsauken Board of Education plans to award an Extraordinary Unspecifiable Service contract to Benecard Services to provide prescription insurance to district employees, with an estimated cost of $4,992,088.80. The agreement will start July 1, 2026 for a 24‑month term, with an option to renew for a third year.
Contract Details
Contract Amount
Estimated $4,992,088.80
Vendor
BENECARD SERVICES
Agency
Pennsauken Township Board Of Education School District, NJ
Contract Type
INSURANCE
Document Date
May 5, 2026
Contract Term
Initial term of 24 months with option to renew a third year, effective July 1, 2026
Renewal Date
2029-06-30
Renewal Info
Initial 24-month term effective July 1, 2026 with an option to renew for a third year under N.J.S.A. 18A:18A-42(e).
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APPROVEDIssuing Agency
Pennsauken Township Board Of Education School District
School
Pennsauken, NJ
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