An Act requiring municipalities to place insurance out to bid

HD 760 requires all municipalities to competitively bid for insurance purchases, removing an existing exemption that allowed them to bypass this process. This bill directly affects every city and town in Massachusetts that purchases insurance, mandating they seek competitive quotes from multiple providers. The key mechanism is a technical amendment to Chapter 30B of the General Laws, striking the words "insurance or" to eliminate the exception. This change ensures municipal insurance contracts are subject to the same competitive bidding rules as other procurement, promoting transparency and potential cost savings.