UNSPSC 64000000: Financial Instruments, Products, Contracts and Agreements

This segment includes financial instruments and products arising from contractual agreements of a financial nature.

UNSPSC 64000000 Financial Instruments, Products, Contracts and Agreements is a Segment code capturing state and local procurement of investment management, debt financing, advisory services, and related financial contracting. State and local governments use this code to solicit comprehensive financial advisory support—including portfolio management, debt structuring, compliance oversight, and ongoing reporting—typically on multi-year contracts with significant asset bases or capital planning scope.

Recent opportunities show a diverse issuing-body mix: higher-education institutions (Snow College managing a $34 million endowment), county governments (Sacramento County and Douglas County, Georgia), city finance departments (Phoenix, Albuquerque, Milpitas), transit authorities (Orange County Transportation Authority), utility commissions (New Smyrna Beach), and state departments (Michigan Department of Technology, Management, and Budget; Washington State Housing Finance Commission; Washington Department of Enterprise Services). The solicitations cluster around five primary service lines: investment advisory and portfolio management (endowment funds, municipal portfolios, Section 115 retirement trusts); municipal debt advisory and financing services (bond structuring, financial planning, swap advisory, refinancing); financial examination and audit services (insurance company solvency reviews, financial statement audits); specialized consulting (1099 processing, sales tax audit and recovery, EMS collections, purchasing card services); and program administration (state-facilitated auto-IRA, college savings program). Representative recent opportunities include Snow College's RFP for endowment and foundation investment management services with proposals due November 14, 2026 (approximately $34 million in assets under management); Michigan's RFP for pre-qualified financial examination contractors to audit approximately 1,400 insurance companies, with proposals due November 4, 2026; and the City of Phoenix's RFQ to establish a Qualified Vendor List of financial advisory firms across five service categories (capital planning, developer evaluation, special-district financing, municipal advisory services, and investment advisory), with proposals due before May 8, 2026. Geographic activity spans California (Orange County, Sacramento County, City of Milpitas, City of Albuquerque), Florida (Orange County Transportation Authority, New Smyrna Beach Utilities, Pinellas County Schools), the Pacific Northwest (Washington Saves, Salt Lake City Airport, Washington State Housing Finance Commission), the Southwest (Phoenix, New Mexico Department of Public Safety), and the Midwest (Michigan Department of Technology, Management, and Budget). The code shows sustained state and local procurement activity across municipal, county, and public higher-education buyers, with contract values ranging from approximately $28,000 annually (Pinellas County Title IV servicer) to $30 million liquidity facilities (New Smyrna Beach variable-rate line of credit) and multi-year engagements spanning five to seven years.