Tex. Ins. Code Section 1550.052
Bid Requirements

(a)

Except as provided by Section 1550.054 (Exception for Written Waiver), an insurer that bids on a contract subject to the competitive bidding and competitive proposal requirements adopted under Section 252.021 (Competitive Requirements for Purchases), Local Government Code, may not submit a bid for a contract to provide stop-loss or other insurance coverage that is subject to any qualification imposed by the insurer that permits the insurer to modify or limit the terms of insurance coverage to be provided after the contract has been made.

(b)

An insurer’s bid submitted under Section 252.021 (Competitive Requirements for Purchases), Local Government Code, must contain the insurer’s entire offer.
Added by Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 1G.002, eff. April 1, 2009.

Source: Section 1550.052 — Bid Requirements, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­1550.­htm#1550.­052 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 1550.052’s source at texas​.gov