Dept/ Agency: Administration/Office of the Business Administrator Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Exception to Public Bidding for Health Insurance Brokerage Services Purpose: To provide health insurance brokerage services, including management and oversight of insurance brokerage services for medical, prescription drug, dental, and voluntary products for active and retiree populations. Entity Names and Addresses: 1. Foundation Risk Partners d/b/a Fairview Insurance Agency Associates, 25 Fairview Avenue, Verona, New Jersey 07044; 2. Group Health Experts, LLC, 111 Old Forge Road, P.O. Box 341, Millington, New Jersey 07946 3. The Alamo Insurance Group Inc., 55 Flanagan Way, Secaucus, New Jersey 07094 Contract Amount: Not to exceed $525,000.00 (all three contracts) Funding Source: 2026 Budget/Office of the Business Administrator/NW011-200-2001-A-60210-B2026 Contract Period: September 1, 2026 through August 31, 2027 with two (2) one-year options to renew for each contract Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. (X) EUS (X) Fair & Open ( ) No Reportable Contributions ( X ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a Additional Information: Exception to Public Bidding: N.J.S.A. 40A:11-5(1) (m) and N.J.S.A. 40A:11-5(1)(a)(11) - insurance consulting and brokerage services.