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Monmouth County Purchasing Division
P-1-2025
THIRD PARTY CLAIMS ADMINISTRATOR FOR WORKER'S COMPENSATION AND LIABILITY CLAIMS ADMINISTRATION SERVICES, FOR THE PERIOD OF 4/1/2025-3/31/2028, WITH TWO (2) ONE-YEAR RENEWAL OPTIONS
Awarded:
2/27/2025
| Number | Item Description | Unit | Qty | Unit Price | Total |
|---|---|---|---|---|---|
|
PMA MANAGEMENT CORPORATION
856-727-3119 |
|||||
| 1 |
TO SERVE AS THIRD PARTY CLAIMS ADMINISTRATOR FOR WORKERS' COMPENSATION, AUTOMOBILE LIABILITY, GENERAL LIABILITY, POLICE PROFESSIONAL LIABILITY AND PUBLIC OFFICIALS AND EMPLOYERS LIABILITY, FOR THE PERIOD OF 4/1/2025 TO 3/31/2028, WITH THE OPTION OF (2) ONE-YEAR RENEWALS 4/1/2025 - $17,250.00 PER MONTH - $155,250.00 FOR 9 MONTHS 1/1/2026 - 3/31/2026 - $17,250.00 PER MONTH - $51,750.00 FOR 3 MONTHS 4/1/2026 - 12/31/2026 - $17,583.33 PER MONTH - $158,250.00 FOR 9 MONTHS 1/1/2027 - 3/31/2027 - $17,583.33 PER MONTH - $52,750.00 FOR 3 MONTHS 4/1/2027 - 12/31/2027 - $17,916.66 PER MONTH - $161,250.00 FOR 9 MONTHS 1/1/2028 - 3/31/2028 - $17,916.66 PER MONTH - $53,750.00 FOR 3 MONTHS 33% COST CONTAINMENT FEE, % SAVINGS BELOW 50TH PERCENTILE OF UCR $9.50 (PER BILL) MEDICAL BILL REVIEW FEE |
0 | $0.00 | $633,000.00 | |
- Posted By:
- Monmouth County Purchasing
- Hall of Records, 3rd Floor
- 1 East Main St.
- Freehold, NJ 07728
- Phone: (732) 431-7370
- Fax: (732) 431-7379
- On behalf of:
- Insurance & Risk Management
- Hall of Records
- 1 East Main Street, Second Floor
- Freehold, NJ 07728
Contact: THERESA AZIZ 732-431-7370 X7371
Delivery Date: 1/1/2025-12/31/2027