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District reports $440,000 insurance savings and plans to award under-budget $16 million JMI classroom-and-gym project
Summary
Finance staff told the board the district saved roughly $440,000 on dental and stop-loss insurance after going to market and announced the JMI classroom addition and gym project will be put on the agenda for award after a low bid came in about $16 million, substantially under budget.
District finance staff told the Edison Township Board of Education that a recent market search for dental and stop-loss insurance produced lower pricing, yielding combined savings of about $440,000, and credited personnel who helped with the procurement.
In facilities news, the board was told that the long-delayed JMI…
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