New Jersey Turnpike Authority Awards Financial Services Contract to Pma Management Corp (November 2025)
New Jersey Turnpike AuthorityMPO · Woodbridge, NJ- Disclosed value
- $541,500.00 (three-year term; with optional years total potential admin cost $930,025.00)
- From minutes
- Awarded
- Nov 18, 2025
The 30-second brief
The New Jersey Turnpike Authority awarded a three-year, $541,500.00 contract to PMA Management Corp. to administer its self-funded workers’ compensation program, including claims handling and medical bill repricing. Optional fourth and fifth years could bring total administrative fees to $930,025.00 if exercised.
Pma Management Corp holds this financial services contract with New Jersey Turnpike Authority. Its other public contracts on record include work for Rochester City School District and Half Hollow Hills Central School District.
Term as filed: Initial three-year term; optional years four and five at $189,525 and $199,000, respectively.
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Contract details
- Contract type
- Financial Services
- Amount
- $541,500.00 (three-year term; with optional years total potential admin cost $930,025.00)
- Document date
- November 18, 2025
- Term
- Initial three-year term; optional years four and five at $189,525 and $199,000, respectively
- Vendor
- Pma Management Corp
- Source document
- New Jersey Turnpike Authority Minutes 2025-11-18 (Minutes)
Pma Management Corp's other public contracts
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Questions about this contract
Who was awarded the financial services contract by New Jersey Turnpike Authority?
Pma Management Corp was awarded this financial services contract by New Jersey Turnpike Authority, as recorded on November 18, 2025. The contract value is $541,500.00 (three-year term; with optional years total potential admin cost $930,025.00).
How much is the Pma Management Corp contract with New Jersey Turnpike Authority worth?
The Pma Management Corp contract with New Jersey Turnpike Authority is valued at $541,500.00 (three-year term; with optional years total potential admin cost $930,025.00), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in New Jersey Turnpike Authority Minutes 2025-11-18 (Minutes), dated November 18, 2025 from New Jersey Turnpike Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Pma Management Corp hold?
Pma Management Corp may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is New Jersey Turnpike Authority currently buying?
Explore New Jersey Turnpike Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.