UNSPSC 84101702: Debt reorganization

UNSPSC 84101702 Debt reorganization is a Commodity code covering financial restructuring, refinancing, and investment advisory services that state and local governments procure to manage municipal debt, optimize investment portfolios, and support complex financing activities. Recent solicitations show active demand across multiple jurisdictions for investment management, municipal advisory, and retirement plan consulting services tied to debt management and capital structure decisions.

State and local issuers span Texas agencies (Texas Comptroller of Public Accounts, Texas Southmost College, Collin County Community College District), Florida municipalities and counties (City of Sarasota, Hillsborough County, Okaloosa County), and specialized authorities including water districts, housing authorities, and state finance agencies. The Texas Comptroller appears frequently as a high-volume buyer of investment and financial advisory services for statewide pools and retirement programs. Representative recent solicitations include the Texas Comptroller's Request for Proposals 240L for TexPool and TexPool Prime investment management (approximately $58.4 billion in assets under management, proposals due September 2, 2026), the City of Sarasota's RFP #26-36HR for OPEB Trust Fund investment consulting services ($60 million in assets, due August 19, 2026), and Hillsborough County's RFP 02/26 for investment management services supporting approximately $1.5 billion in short-term operating and reserve funds (due July 10, 2026). Geographic activity concentrates in Texas, Florida, and the Pacific Northwest, with smaller pockets in Georgia, Oregon, and North Carolina. Work spans investment portfolio management and performance measurement, municipal debt advisory and bond underwriting coordination, retirement and deferred compensation plan consulting, arbitrage rebate compliance and tax-exempt bond services, and short-term liquidity and commercial paper facilities. Evaluation in most solicitations weights technical qualifications and relevant experience heavily (often 60–80 percent) relative to cost, and many buyers require SEC registration, professional liability insurance ($1–2 million per occurrence typical), and demonstrated experience managing portfolios or plans of comparable scale.