Arbitrage Rebate Compliance Services

The government authority located in Georgetown, Texas is seeking arbitrage rebate compliance services for all long-term bonds subject to the arbitrage requirements of the Internal Revenue Code of 1986, as amended. The agency needs to ensure full compliance with federal tax laws regarding its bond issues and requires assistance in managing potential rebate liabilities to the Federal Government. To solve this oversight and compliance challenge, the agency requires a qualified partner to calculate bond yields and determine any excess investment earnings that must be rebated within legally permitted timeframes. The scope of work covers reviewing the agency's current list of bond issues with proceeds subject to rebate requirements under Treasury Regulations Section 1.148. The selected provider must calculate yield reduction amounts on yield-restricted funds, deliver reports identifying arbitrage amounts, and provide documentation certifying that calculation results are consistent with the 1986 Rebate Provisions. Additionally, the agency requires ongoing consultation for staff, assistance during potential Internal Revenue Service inquiries, support in retaining records for at least six years after final bond maturity, and assistance with developing or reviewing a Post-Issuance Compliance Policy. Eligibility is limited to onshore organizations based in the United States. The agency is looking for proposals to establish the budget for these services, and bidders must submit all questions no later than June 22, 2026. Bidders may submit their final responses digitally via email or through the online portal.