Arbitrage Rebate Services

The State of Arizona is conducting a competitive procurement for Arbitrage Rebate Services from qualified contractors. This service procurement is governed by the Tax Reform Act of 1986, which requires state and local issuers of tax-exempt debt to report earnings to the Federal government and rebate to the U.S. Treasury any yields exceeding the bond yield. The contractor will provide expertise across multiple financing instruments, including lease purchase certificates of participation, non-assignable lease purchases, revenue bonds, and other types of tax-exempt financing. The primary objective is to ensure the State's compliance with federal arbitrage rebate requirements while managing its various debt instruments effectively. Key deliverables will include arbitrage calculations, rebate computations, and federal reporting submissions to maintain tax-exempt status. The procurement was posted on June 6, 2023, with a proposal due date of July 11, 2023. Interested firms must be qualified in arbitrage rebate calculations and demonstrate expertise in managing complex tax-exempt debt compliance matters.

The solicitation document provided does not specify set-aside designations, disadvantaged enterprise restrictions, incumbent vendor information, technological requirements, or award values and budget ranges. Prospective contractors should consult the complete solicitation documentation available through the State of Arizona's procurement channels for additional details regarding organizational eligibility requirements, evaluation criteria, vendor performance history, and compensation structure for this arbitrage rebate services engagement.