NOTICE OF CONTRACT AWARD
The School Excess Liability Fund, a public entity established under N.J.S.A. 18A:18B-1 et. seq., met on June 26, 2023 and adopted Resolution 22-14 entering into a contract for excess property coverage. The services qualify as an award of a contract without the receipt of formal bids as an Extraordinary Unspecifiable Service N.J.S.A. 18A:18A-5(a)(ii) and N.J.A.C. 5:34- 2.3(b). The School Excess Liability Fund authorized an agreement with APIP for the 2023-2024 budget year for excess property coverage in the amount of not to exceed $16,288,749. A copy of the resolution is on file and available for inspection at the office of the fund administrator, Risk and Loss Managers, Inc., 51 Everett Drive, Suite B-40, West Windsor, NJ 08550.
Resolution Adopted: June 26, 2023
Robert Carfagno, Chairperson
School Excess Liability Fund