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Massachusetts Division of Insurance·Massachusetts

LEGAL SERVICES

Closes 6/5/2026$100k – $500kRequest for Proposal
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Description

The Division of Insurance is seeking legal services for the review of demutualizations, mergers or acquisitions of control, mutual holding company transactions, redomestications, securities offerings, and other transactions or financial matters. The selected bidder will provide legal services to the Division of Insurance. The scope of work includes reviewing and analyzing legal documents, providing legal advice, and representing the Division of Insurance in legal proceedings. • The bidder must provide a cost breakdown of the total estimated budget, including hourly rates and other costs. • The bidder must identify each individual's time contribution to the project and provide their respective hourly rates. • The bidder must include all other costs not included in the hourly rates, such as travel expenses and document preparation costs.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Renee Stewart(Purchaser)

[email protected]

(617) 521-7444

Key dates

Opened
4/9/2026
Closes
6/5/2026

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
541110
Solicitation №
BD-26-1027-1FED-1FED-127886

Budget estimate

$100,000 – $500,000

The budget for this opportunity is likely to be in the range of $100,000 to $500,000. This estimate is based on the scope of work, which includes reviewing and analyzing legal documents, providing legal advice, and representing the Division of Insurance in legal proceedings. The hourly rates for legal services can vary widely depending on the location, experience, and expertise of the lawyers. However, a typical hourly rate for legal services in Massachusetts can range from $200 to $500 per hour. Assuming a project duration of several months to a year, the total budget can range from $100,000 to $500,000.

AI estimate from the solicitation

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