UNSPSC 64101500: Time deposit accounts

A deposit account is a savings account, current account, or other type of bank account, at a banking institution that allows money to be deposited and withdrawn by the account holder

UNSPSC 64101500 Time deposit accounts is a Class code. State and local governments do not procure time deposit accounts themselves; instead, the code appears in solicitations where financial services firms bid to administer, manage, or advise on governmental financial instruments. Recent activity shows this code is being tagged to a mixed set of financial consulting, auditing, advisory, and administrative services—a significant mismatch between the code's nominal definition and the work actually being solicited. Of the thirty-five opportunities in the block, most involve financial advisory services (municipal debt, swap advisory, impact fee nexus studies, benefits consulting), external auditing (financial statement audits, federal single audits), financial examination services (insurance company examinations), loan or collection administration, and grant-funding consulting. Only one opportunity—the New Smyrna Beach line-of-credit facility—directly involves a time deposit or liquidity mechanism, and even that is properly scoped as debt-capital structuring rather than deposit-account administration.

The issuing bodies span state departments (Michigan, Texas, Maine, Washington, New Mexico), counties (Pinellas, Orange, Sacramento, Clayton, DeKalb, Gwinnett, Douglas, Seminole), cities (Phoenix, Albuquerque, Milpitas, San Antonio, Gainesville, Bridgeport, St. Cloud, Detroit, Tucson), transit and utility authorities (OCTA, NSBU), school districts (Pinellas County Schools, DeKalb County Schools), and special-purpose entities (Atlanta Beltline, El Pueblo Housing Development, Washington Student Achievement Council, WSAC Governing Board). The most recent opportunities posted in late August through early October 2026 include the Michigan Department of Technology's Financial Examination Services Pre-Qualification (RFP 26-2108, proposals due Sep 2), the Washington State Housing Finance Commission's Affordable Homeownership Revolving Construction Catalyst Fund Administrator (RFP 202609ADM, proposals due Nov 2), the City of Milpitas' Investment Advisory Services (RFP 26262, proposals due Sep 24), Sacramento County's Swap Advisory Services (RFP 2026GEN0060, proposals due Aug 21), and the City of Phoenix's Financial Advisory Services (RFQ 26-0189, offers due May 8). Geographic spread is nationwide, with concentrated activity in California, Michigan, Georgia, Florida, Washington, Texas, and Illinois; no single region dominates.