UNSPSC 64111600: Debt based securities

Financial instruments evidencing moneys owed by the issuer to the holder on specified terms

UNSPSC 64111600 Debt based securities is a Class code that encompasses financial advisory and brokerage services state and local governments procure to manage employee benefits, tax-exempt bond compliance, real estate transactions, and short-term borrowing programs. Recent solicitations show a shift away from traditional debt issuance toward advisory work supporting benefit plan strategy, arbitrage compliance, real estate disposition, and commercial paper facility structuring. Counties, cities, school districts, and state university systems are the primary issuing bodies, with no single repeat buyer dominating the activity but with consistent demand across multiple Georgia and Texas jurisdictions.

Recent opportunities include White County, Georgia's RFQ for employee benefits broker services (due December 11, 2026) covering benefits renewals, claims analysis, and compliance for approximately 272 employees; the City of Dallas's solicitation for commercial paper liquidity providers supporting three capital improvement programs with up to $775 million in authorization (proposals due May 22, 2026, with contract commencement anticipated July–September 2026); Okaloosa County, Florida's ITQ for arbitrage consulting services to calculate annual arbitrage rebate on tax-exempt bonds under Section 148 of the Internal Revenue Code (quotes due July 15, 2026); Henry County, Georgia's RFP for employee benefit consulting and broker services (proposals due August 11, 2026, with qualifications and experience weighted at 35 points and cost at only 5 points); the City of Sarasota, Florida's RFP for investment consulting services managing an OPEB Trust Fund with approximately $60 million in assets and $1 million in annual outflows (proposals due August 19, 2026); the City of Tucson's procurement for licensed real estate brokers to market and resell city-owned public housing single-family homes with HUD Section 3 employment requirements (proposals due September 16, 2026); and multiple school districts including Schertz-Cibolo-Universal City ISD in Texas seeking medical plan brokers of record. Geographic activity concentrates in Georgia, Texas, and Florida, with secondary activity across Arizona and beyond. The code shows sustained procurement of advisory and transactional brokerage services rather than traditional debt securities trading.