CONTRACTAPPROVED

Garden State Municipal Joint Insurance Fund Awards Insurance Contract to Business & Governmental Insurance Agency (January 2026)

Garden State Municipal Joint Insurance Fund
Disclosed value
2.0% of members’ gross joint insurance fund assessment; annual amount not to exceed $817,421
From resolution
Approved
Jan 28, 2026
Term
Annual; 2026 Fund Year
Renews
Free account

The 30-second brief

What it covers

The Fund appointed Business and Governmental Insurance Agency as underwriting manager and insurance broker for up to $817,421 annually.

Who holds it

Business & Governmental Insurance Agency holds this insurance contract with Garden State Municipal Joint Insurance Fund. Its other public contracts on record include work for Rahway Valley SA and Middlesex County Joint Health Insurance Fund.

What happens next

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Contract details

Contract type
Insurance
Amount
2.0% of members’ gross joint insurance fund assessment; annual amount not to exceed $817,421
Document date
January 28, 2026
Term
Annual; 2026 Fund Year
Renews
On record
Vendor
Business & Governmental Insurance Agency
Source document
Garden State Municipal Joint Insurance Fund Resolution Certifying the Election of Chairperson and Secretary 2026-01-28 (Resolution)

Business & Governmental Insurance Agency's other public contracts

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Questions about this contract

Who was awarded the insurance contract by Garden State Municipal Joint Insurance Fund?

Business & Governmental Insurance Agency was awarded this insurance contract by Garden State Municipal Joint Insurance Fund, as recorded on January 28, 2026. The contract value is 2.0% of members’ gross joint insurance fund assessment; annual amount not to exceed $817,421.

How much is the Business & Governmental Insurance Agency contract with Garden State Municipal Joint Insurance Fund worth?

The Business & Governmental Insurance Agency contract with Garden State Municipal Joint Insurance Fund is valued at 2.0% of members’ gross joint insurance fund assessment; annual amount not to exceed $817,421, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Garden State Municipal Joint Insurance Fund Resolution Certifying the Election of Chairperson and Secretary 2026-01-28 (Resolution), dated January 28, 2026 from Garden State Municipal Joint Insurance Fund. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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