UNSPSC 64111901: Principal protected structured financial product

Structured financial product offering capital protection

UNSPSC 64111901 Principal protected structured financial product (Commodity) represents a narrow taxonomy entry that does not align with the recent state and local procurement activity posted under this code. State and local governments do not appear to be procuring principal protected structured financial products—investment vehicles with embedded principal protection mechanisms—through traditional RFP or RFQ channels. The recent opportunities tagged to this Commodity code instead span financial advisory services, auditing services, debt collection, loan administration, billing services, grant consulting, compensation studies, and financial examinations across insurance, utilities, housing, transit, and general government functions. This mismatch signals that the code's nominal scope does not reflect what state and local procurement offices are actually buying under this designation.

The recent opportunities show active procurement across multiple issuing-body types—state departments (Michigan DIFS for insurance examinations, Washington WSAC for higher-education savings program administration, Illinois CPO for commercial card programs), counties (Sacramento, DeKalb, Gwinnett, Monroe, Orange County Transportation Authority), cities (Phoenix, Albuquerque, Detroit, Tucson, Gainesville, St. Cloud, Bridgeport, Milpitas), transit authorities (Atlanta Beltline, Detroit Department of Transportation), school districts (Pinellas County, DeKalb County Schools), municipal utilities (New Smyrna Beach), and special-purpose districts (Madison Metropolitan Sewerage District)—spanning Florida, Georgia, Michigan, Washington, California, Texas, Arizona, Illinois, and other states. Representative recent solicitations include the Michigan Department of Technology, Management, and Budget's RFP for Financial Examination Services Pre-Qualification (RFP1712600000027462, due November 4, 2026), which seeks to establish a pre-qualified contractor pool to examine Michigan insurance companies for solvency and NAIC compliance; the Sacramento County RFQ for on-call financial consulting services supporting development impact fee programs and Community Facilities Districts (solicitation 94867, due October 8, 2026); and the Washington State Housing Finance Commission's RFP for administration of the Affordable Homeownership Revolving Construction Catalyst Fund (RFP 202609ADM, due November 2, 2026). The code shows little relevant activity for the commodity as named and appears to be a classification artifact rather than an active procurement driver in state and local markets.