Massachusetts COMMBUYS #BD-26-1027-1FED-1FED-127886

Legal Services for Insurance Financial Transactions – Massachusetts Division of Insurance

The Massachusetts Division of Insurance is seeking qualified legal services to support the review of complex financial transactions in the insurance sector. - Government Buyer: - Massachusetts Division of Insurance (state agency) - Products/Services Requested: - Comprehensive legal services for: - Demutualizations - Mergers and acquisitions of control - Mutual holding company transactions - Redomestications - Securities offerings - Other financial matters related to insurance - Service classified under UNSPSC code 80120080120000801200000000 - Single line item: Legal services for review and advisory (part number 80-12-00-00-0000) - Unique/Notable Requirements: - Open to Small Business Purchasing Program (SBPP) participants - Electronic submission via Commonwealth Buys portal - Multiple required forms: conflict of interest questionnaire, cost proposal, evaluation criteria - No specific OEMs or vendors are named, as this is a professional services procurement - Scope is focused on legal expertise in insurance-related financial transactions

Description

This solicitation is for legal services related to the review of demutualizations, mergers, acquisitions of control, mutual holding company transactions, redomestications, securities offerings, and other financial matters. The procurement is managed by the Division of Insurance, Massachusetts, and conducted through the Commonwealth Buys portal. The bid is open and allows electronic submissions. The response deadline is June 5, 2026. The project includes multiple attachments and is classified under UNSPSC code 80120080120000801200000000 for legal services.

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