UNSPSC 64111905: Over the rainbow structured product

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

UNSPSC 64111905 Over the rainbow structured product is a Commodity code. State and local governments procure financial advisory, audit, and financial management services under this code — specifically municipal advisory support for debt and capital structuring, comprehensive financial and audit services, financial examination support, benefits consulting, development impact fee analysis, and related professional financial services. The issuing bodies span state departments (Michigan Department of Technology, Management & Budget; New Mexico Department of Public Safety; Washington State Housing Finance Commission; Texas Department of Criminal Justice), county governments (Sacramento, DeKalb, Douglas, Gwinnett, Seminole, Sarasota, Monroe), cities (Phoenix, Albuquerque, Gainesville, Milpitas, St. Cloud, Detroit), transit and special-purpose authorities (Orange County Transportation Authority, Atlanta Beltline, Detroit Department of Transportation), school districts (Pinellas County, DeKalb County School District), and nonprofit subsidiaries (El Pueblo Housing Development, Washington Saves Governing Board). Recent activity shows a broad mix of repeat buyers — Michigan has posted multiple pre-qualified contractor pools for financial examination services, Gwinnett County has solicited 1099 processing and purchasing card services, Sacramento County is active across swap advisory and development-related financial services, and Florida municipalities (Sarasota, Monroe, Pinellas, Seminole, St. Cloud) regularly seek financial and audit consulting.

Representative recent opportunities reflect the breadth of scope under this code. The Michigan Department of Technology, Management & Budget posted RFP 260000002746 (due November 4, 2026) seeking a pre-qualified contractor pool for financial examinations of approximately 1,400 Michigan insurance companies under NAIC guidelines, with contractors assigned CPAs and on-site auditors, 180-day completion timelines, and a three-year initial term with renewal options through March 31, 2030. The Sacramento County RFP for swap advisory services (due August 21, 2026) targets firms providing monthly and quarterly rate validation, swap structuring analysis, and GASB compliance reporting for outstanding interest-rate swaps on pension obligation and revenue bonds. The Washington State Housing Finance Commission RFP (due November 2, 2026) seeks a CDFI or mission-aligned financial intermediary to administer a $10 million Affordable Homeownership Revolving Construction Catalyst Fund, including loan origination, underwriting, and portfolio management across five Washington counties, with contract terms December 15, 2026 through December 15, 2031. The Orange County Transportation Authority RFP for sales tax audit and recovery services (due July 14, 2026) is compensation-based entirely on recovered unrealized sales tax revenue with tiered percentage rates and a five-year term through September 30, 2031. Geographic concentration shows significant recent activity in California (Sacramento, Sarasota, San Antonio, Los Alamos, Albuquerque, St. Cloud, Bridgeport), Michigan, Georgia (DeKalb, Clayton, Gwinnett, Douglas), Florida, Washington, Texas, and New Mexico, with opportunities spanning utilities, transportation, education, housing, and general government finance.