The state treasurer shall investigate alternative methods, including competitive bidding, for purchasing insurance for the use and benefit of the state and its agencies, departments or divisions. The state treasurer shall prepare a plan for purchasing insurance, and shall submit the plan to the board of claims prior to its implementation.
Alternative methods for purchasing insurance
Tenn. Code Ann. § 12-4-1001, under Insurance Purchasing Program.
Tenn. Code Ann. § 12-4-1001