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HB 360

County Government - As introduced, authorizes a county that has adopted the County Purchasing Law of 1957 to require a competitive bid process for insurance brokerage services. - Amends TCA Title 5 and Title 12, Chapter 3, Part 12.

114th Regular Session (2025-2026) Introduced by Jerome Moon

HB 360 permits Tennessee counties to require competitive bidding for insurance brokerage services to potentially reduce costs and increase procurement transparency.

P2C, ref. to State & Local Government Committee
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Bill Summary · HB 360

Legislative bill overview

HB 360 would authorize Tennessee counties that have adopted the County Purchasing Law of 1957 to require competitive bidding for insurance brokerage services. The bill amends state law to allow counties greater flexibility in how they procure these services, rather than potentially being restricted to single-vendor arrangements.

Why is this important

Insurance brokerage services represent significant ongoing expenses for county governments, affecting taxpayer resources and service quality. Competitive bidding requirements can potentially lower costs, improve service quality, and increase transparency in how public funds are spent on these contracts.

Potential points of contention

  • Broker industry impact: Insurance brokers may oppose mandatory competitive bidding as it reduces their ability to maintain long-term county relationships and increases their administrative costs
  • Implementation complexity: Counties would need to establish bidding processes and evaluation criteria for services that vary significantly by county size and insurance needs
  • Cost vs. savings tradeoff: While competition theoretically lowers costs, small counties might find that bidding administration costs outweigh savings, or that fewer brokers respond to smaller bids

Compiled from official sources — confirm details with the bill’s official record.

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