UNSPSC 64111904: Single structured product

A security designed to facilitate highly customized risk-return objectives. This is accomplished by taking a traditional single security, and replacing the usual payment features with non-traditional payoffs derived not from the issuer's own cash flow, but from the performance of the underlying asset.

UNSPSC 64111904, Single structured product (Commodity), describes financial advisory, accounting, audit, and financial management services that state and local governments procure for treasury operations, financial compliance, program audits, and cost allocation planning. The code captures what government buyers actually purchase: external audit services for healthcare programs and municipal governments, banking and cash management advisory, investment consulting for educational savings programs, TANF and Medicaid program financial analysis, indirect cost allocation planning, and enterprise risk management consulting. State departments, cities, counties, special-purpose districts, and boards issue opportunities under this code across the United States. Recent activity spans Georgia (Department of Human Services, Department of Transportation), Texas (Comptroller, HHSC, cities), Florida (Gainesville), North Carolina (Charlotte), Connecticut (Bridgeport), and Oregon (Department of Human Services, Finance Authority). A few representative recent solicitations illustrate the scope: the Georgia Department of Transportation issued an RFQ for Government Estimator Contract Services providing programmatic and project management support during preliminary engineering phases (due August 7, 2026); the Texas Comptroller issued RFP 240q for auditing services on behalf of the Education Savings Account Program, with proposals due July 13, 2026; and Fairfax County requested proposals for a Procurement Disparity Study (due July 24, 2026). The code also captures smaller municipal finance work: the City of Gainesville sought a compensation study (RFP HRDX-260051-WB, due August 5, 2026), and the Orange County Transportation Authority solicited sales tax audit and recovery services under a percentage-of-recovery fee structure (RFP 250352, due July 14, 2026).

Issuing bodies span state finance and transportation departments, city finance offices, school districts, public health agencies, housing authorities, and cooperative purchasing organizations. Recent opportunities show consistent demand from state comptroller offices, county finance departments, city treasuries, independent school districts, and special-purpose authorities administering federal grant programs. Activity is concentrated in Texas (multiple HHSC and Comptroller procurements), Georgia, Florida, North Carolina, California, Oregon, and Connecticut, with scattered solicitations from other states. The code sees steady mid-market procurement activity—audit and financial consulting engagements typically valued between $500,000 and $22.5 million annually—driven by federal compliance requirements, grant administration, and periodic reassessment of financial controls. Demand peaks around fiscal year-end (June–August) as municipalities and state agencies plan budgets and execute competitive procurements for annual audits and financial services contracts.