UNSPSC 64102001: Education savings account

A plan that allows for the prepayment of qualified education expenses at eligible educational institutions. In the United States, these are known as qualified tuition programs, or more fully as a Section 529 plan.

UNSPSC 64102001 Education savings account is a Commodity code that state and local governments use to procure investment management and advisory services for employee benefit plans, pension funds, endowments, and short-term operating portfolios. Recent solicitations reveal that the code encompasses discretionary and non-discretionary portfolio management, investment policy development, performance monitoring and reporting, manager selection and evaluation, compliance advisory services, and custodial and safekeeping arrangements across a broad range of municipal, county, educational, and special-purpose institutional clients.

Issuing bodies span state treasury offices (Texas Comptroller of Public Accounts, Oregon Department of Revenue), counties (Hillsborough County, Okaloosa County, Galveston County, Crisp County), cities (Dallas, Charlotte, Salem, Euless, Sarasota), colleges and universities (Texas Southern University, Wharton County Junior College, Collin County Community College, Texas Southmost College), housing authorities (San Antonio, Opportunity Home), airport authorities (Ontario International Airport Authority), water districts (West Basin Municipal Water District), and state agencies (Georgia Housing and Finance Authority, Illinois Finance Authority, Teacher Retirement System of Texas). Recent activity is concentrated in Texas, Florida, and California, with solicitations also posted in North Carolina, Georgia, Oregon, and Washington. The Texas Comptroller and its affiliated boards appear as repeat buyers across multiple education savings vehicles and public funds investment pools. Representative recent opportunities include the Texas Comptroller's solicitation for investment management and related services for TexPool and TexPool Prime with approximately $58.4 billion in combined assets (RFP 240L, due September 2, 2026); the City of Sarasota's request for investment consulting services for its OPEB Trust Fund currently holding approximately $60 million (RFP #26-36HR, due August 19, 2026); and Hillsborough County's procurement for investment management services for approximately $1.5 billion in short-term operating and reserve funds (RFP 02/26, due July 10, 2026). Other active opportunities include Collin County Community College District's request for non-discretionary portfolio management for approximately $520 million in assets (RFQ FY2026 Request Quote 047, due February 11, 2026) and the Teacher Retirement System of Texas's private markets technical services solicitation focused on data capture and reporting across five portfolio categories (RFP TRS000660, due June 4, 2026). VetHUB subcontracting plans are mandatory in several Texas solicitations; set-asides and preferences for disadvantaged enterprises vary by issuing body but are not uniformly applied across the code.