73-26 Agreement with KAI Strategic Insurance Partners.pdf

73-26 AGREEMENT THIS AGREEMENT, made this __________ day of __________, 2026 BETWEEN: Township of West Orange 66 Main Street West Orange, NJ 07052 Hereinafter referred to as the "Township” AND: KAI Strategic Insurance Partners (SIP) 492 Franklin Avenue Nutley, NJ 07110 Hereinafter referred to as the "Professional”. W I T N E S S E T H: WHEREAS, the Township recognizes the need for Risk Management Services; and WHEREAS, in that connection KAI Strategic Insurance Partners (SIP) is qualified to provide said services; and WHEREAS, the Township desires to engage KAI Strategic Insurance Partners (SIP) to serve as an “Independent Contractor” to provide professional services that may be designated by the Township as a fair and open contract pursuant to the provisions of N.J.S.A. 19:44A- 20.5; NOW, THEREFORE, in consideration of the terms, conditions and stipulations hereinafter set forth, it is mutually agreed by and between the parties: 1. WORK TO BE PERFORMED The Professional shall provide risk management service to the Township, including but not limited to identifying its insurable property and casualty exposures, assisting in understanding various policies and coverage, reviewing and analyzing current policies, and advising brokers and providing guidance on how to reduce risk and provide various training to accomplish same.. 1