UNSPSC 64102000: Investment accounts

Investment capabilities provided through agreements codified by a specific account number

UNSPSC 64102000 Investment accounts is a Class code covering local government investment portfolio management, fund administration, and advisory services for municipal and institutional investment programs. State and local governments procure discretionary and non-discretionary portfolio management, investment consulting, custodial and safekeeping services, performance reporting, fund accounting, transition services, and fiduciary support under this code. Recent activity shows significant demand for advisory and management services across operating funds, endowments, deferred compensation plans, pension trusts, and specialized vehicles such as local government investment pools and revenue bond programs. Issuing bodies span state treasury offices, city finance departments, county clerks, special-purpose districts including water authorities and housing authorities, community college systems, public employee retirement systems, and joint powers authorities. Texas leads in recent solicitation volume, with the Texas Comptroller of Public Accounts, Texas Southern University, Wharton County Junior College, and the Teacher Retirement System of Texas posting multiple opportunities; Florida shows sustained activity through county and municipal finance offices in Hillsborough, Okaloosa, Sarasota, and Charlotte. Geographic distribution extends across the Southwest, Southeast, and Pacific Northwest, with secondary activity in Arizona, Georgia, North Carolina, Oregon, and Washington.

Representative recent opportunities illustrate the scope: the Texas Comptroller of Public Accounts issued solicitation 240L (due September 2, 2026) seeking investment management and related services for TexPool and TexPool Prime, two local government investment pools with approximately $58.4 billion in combined assets under management spanning 3,728 participants, with mandatory VetHUB subcontracting plan required; the Hillsborough County Clerk of the Circuit Court & Comptroller issued RFP 02/26 (due July 10, 2026) for professional fixed-income investment management services for $1.5 billion in short-term operating and reserve funds with a cooperative-purchasing component available statewide to Florida municipalities; the City of Lubbock, Texas issued RFP 26-19659-KM (due June 11, 2026) consolidating three separate 457(b) plans representing $38.2 million in assets; and the Teacher Retirement System of Texas issued TRS000660 (due June 4, 2026) for private markets technical services delivering online data access and analytics across private equity, real estate, infrastructure, and credit asset classes. Evaluation weighting across recent procurements emphasizes qualifications and experience (typically 20–40 percent), technical methodology and service delivery (15–40 percent), and pricing (5–30 percent). Professional liability insurance minimums range from $1 million to $5 million depending on asset scale. SEC registration as an investment advisor is routine for discretionary roles; non-discretionary advisory roles may not require registration. Contract terms typically run one to five years with renewal options.