North Carolina eVP #274-F-TR2026-1

City of Raleigh Seeks Arbitrage Rebate Compliance Services for Tax-Exempt Bonds

The City of Raleigh Finance Department is seeking a qualified firm to provide Arbitrage Rebate Compliance Services for its tax-exempt bond issues. - Government Buyer: - City of Raleigh, Finance Department, Sr. Manager of Treasury Services - OEMs and Vendors: - No specific Original Equipment Manufacturers (OEMs) or vendors are named; this is a professional services procurement - Products/Services Requested: - Arbitrage Rebate Compliance Services, including: - Annual calculations of arbitrage yield and rebate liability for municipal bonds - Preparation of detailed reports and IRS Form 8038-T filings - Consulting with City Treasury staff and advisors - Assistance with IRS inquiries or audits - Development of post-issuance compliance programs and risk assessments - Unique or Notable Requirements: - Expertise in IRS Treasury Regulations under Section 148 of the Internal Revenue Code - Ability to deliver comprehensive, regulatory-compliant reports - Experience with arbitrage and yield reduction calculations for municipal bonds - Period of Performance: - Initial contract term of three years, with two optional one-year renewals (up to five years total) - Place of Performance: - City of Raleigh, North Carolina

Description

The City of Raleigh is soliciting proposals for Arbitrage Rebate Compliance Services. The services involve preparing computations to determine excess earnings (rebate) using IRS Treasury Regulations under Section 148 of the Internal Revenue Code. The contractor will provide a detailed report with summary and detailed information related to the rebate computation. The City will supply relevant information to support these computations. The solicitation includes a timeline with proposal due date on April 22, 2026, and contact information for inquiries.

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