UNSPSC 80141706: Product brokerage service

Product brokers, sales agents, manufacturers representatives, and factory representatives whose primary compensation is a commission on the sale of a product. Does not include distributors who actually take possession of the product.

UNSPSC 80141706 Product brokerage service (Commodity) covers the intermediation and arrangement of transactions on behalf of state and local clients—connecting buyers and sellers, managing deal structure, handling negotiations, and facilitating closings. Recent state and local solicitations reveal a broad market spanning employee benefit brokerage, investment consulting, tax credit transfer, unclaimed property auditing, real estate transactions, IP address space monetization, and financial services placement. The work is driven by in-house capacity constraints: governments lack the specialized expertise or market access to execute these transactions independently and engage brokers to maximize financial outcomes, ensure regulatory compliance, navigate carrier or counterparty relationships, and deliver deal closure. Issuing bodies include county governments (Henry County, Georgia; Okaloosa County, Florida; Williamson County, Texas; Crisp County, Georgia), municipal governments (City of Sarasota, Florida; City of Dallas, Texas; City of St. Petersburg, Florida; City of Milton, Florida), school districts (Schertz-Cibolo-Universal City ISD, Texas), state agencies (Washington State Department of Revenue; Illinois State Board of Education), public universities (Board of Regents of the University System of Georgia; Texas A&M University; George Mason University; Erie County Medical Center Corporation), and transit or special districts. Counties and municipalities dominate recent activity, particularly in the Southeast and Texas.

Geographic concentration is evident in Georgia, Florida, and Texas, with secondary activity in Washington State, Illinois, Virginia, and New York. Representative recent opportunities include Henry County, Georgia's RFP 27-01 for employee benefit consulting and broker services (due August 11, 2026), emphasizing plan analysis, carrier management, Section 125 administration, compliance, and employee education with evaluation weighted heavily toward experience and qualifications; the City of Sarasota, Florida's RFP #26-36HR for investment consulting on a $60 million OPEB Trust Fund (due August 19, 2026), requiring asset-based fee structures in basis points; Williamson County, Texas's RFP 26RFP50 for benefit broker consulting (due July 9, 2026), seeking leadership and guidance on benefits strategy, RFP execution, and compliance; and the Washington State Department of Revenue's dual RFPs (RFPUCP202601 and RFP202601, both due June 5–15, 2026) for unclaimed property auditing and collection across five counties, compensating vendors at ten percent of property delivered. Evaluation criteria consistently prioritize experience, compliance capability, methodology, and cost; most contracts run one to three years with renewal options. Set-asides are absent or minimal in most opportunities, though the City of Dallas commercial paper liquidity procurement emphasizes SBE participation goals of 3.71–38 percent and DRIVE Plan compliance with living wage floors at $23.06 per hour. Broker licensing, professional liability insurance ($1–2 million typical), and conflict-of-interest certifications are standard requirements.