A system shall include in its respective bid documents for the various coverages a provision calling for each bidder to identify the system's administrative costs as a distinguishable figure and to enumerate the services the bidder will render in exchange for the administrative costs.
Tex. Ins. Code § 1601.055
IDENTIFICATION OF ADMINISTRATIVE COSTS IN BIDS
Known as the State University Employees Uniform Insurance Benefits Act
The act spans §§ 1601.001 to 1601.308 (68 sections).
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.