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FINANCIAL_SERVICESAPPROVED

Borough of Farmingdale Regular Meeting Minutes 2026-04-21

Difference Card Selected to Administer Employee MERP

MERP benefits funded at $7,000 per employee (total not specified)Borough of FarmingdaleEB EMPLOYEE SOLUTIONS LLC DBA THE DIFFERENCE CARDApril 21, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
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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
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Description

The Borough of Farmingdale appointed EB Employee Solutions LLC d/b/a The Difference Card to administer a fully funded $7,000-per-employee Medical Expense Reimbursement Plan starting July 1, 2026. All vendor fees will be paid directly by the Borough under this benefits administration contract.

Contract Details

Contract Amount

MERP benefits funded at $7,000 per employee (total not specified)

Vendor

EB EMPLOYEE SOLUTIONS LLC DBA THE DIFFERENCE CARD

Agency

Borough of Farmingdale, NJ

Contract Type

FINANCIAL_SERVICES

Document Date

April 21, 2026

Contract Term

July 1, 2026 through June 30, 2026 (likely intended July 1, 2026 – June 30, 2027)

Renewal Info

Contract term stated as July 1, 2026 through June 30, 2026, likely intended as a one-year term through June 30, 2027; renewal options are not described.

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