UNSPSC 64111604: Medium- term note

Negotiable debt instrument offered under a program agreement through one or more dealers upon request of the issuer. The program defines the terms and conditions of the note

UNSPSC 64111604 Medium-term note, a Commodity code, encompasses financial advisory and consulting services that state and local governments procure to manage employee benefits programs, investment portfolios, tax-exempt debt compliance, and commercial real estate transactions. The work being solicited under this code spans employee benefit broker consulting, medical plan brokerage, investment management for trust funds, arbitrage compliance for bond programs, commercial real estate transaction services, and agent-of-record insurance brokerage—all advisory relationships where governments engage external expertise to navigate complex plan design, vendor procurement, regulatory compliance, and fiduciary obligations. Issuing bodies include county governments (White County and Okaloosa County, Florida; Henry County, Georgia; Williamson County, Texas), municipalities (City of Sarasota and City of Milton, Florida; City of Tucson, Arizona; City of Dallas, Texas; City of St. Cloud, Florida), independent school districts (Schertz-Cibolo-Universal City ISD and SCUC ISD, Texas), and higher-education entities (University System of Georgia Board of Regents). White County, Georgia; Henry County, Georgia; and Schertz-Cibolo-Universal City ISD appear multiple times across the recent opportunities, signaling repeat procurement activity in employee benefits advisory services.

Recent activity concentrates in the Southeast (Georgia, Florida) and South-Central regions (Texas, Arizona), with particular density in Georgia and Texas. Representative opportunities include White County, Georgia issuing an RFQ for employee benefits broker services with proposals due December 11, 2026 for approximately 272 benefit-eligible employees; Henry County, Georgia posting RFP 27-01 for comprehensive employee benefit consulting and broker services due August 11, 2026; the City of Sarasota, Florida soliciting RFP 26-36HR for investment consulting services to manage its OPEB Trust Fund (approximately $60 million in assets) due August 19, 2026; Okaloosa County, Florida requesting quotes for arbitrage consulting services under ITQ ITQCOC6026 due July 15, 2026; and the City of Tucson, Arizona issuing proposals for licensed real estate brokers to market and resell city-owned residential homes under RFP 270145 due September 16, 2026. Multiple school districts in Texas (SCUC ISD) have issued RFPs for medical plan brokerage services in 2026, addressing both bridge-year plan management and longer-term redesign planning. The City of Dallas solicited commercial paper liquidity providers across three capital programs due May 22, 2026, reflecting municipal debt-management advisory procurement. Evaluation typically emphasizes experience, qualifications, and technical approach over price—often weighting cost at 5–20 percent of total score—and frequently includes provisions for oral presentations, multi-vendor awards, and fee negotiation with top-ranked proposers.