Ontario Planet bids #1991

Ontario, CA Seeks Arbitrage Rebate & Continuing Disclosure Review Services for Tax-Exempt Bonds

The City of Ontario, California is seeking qualified consultants to provide arbitrage rebate and continuing disclosure review services for its outstanding and future tax-exempt bond issues. - Government Buyer: - City of Ontario, Purchasing Department (California) - OEMs and Vendors: - No specific OEMs or product manufacturers are named; this is a professional services solicitation open to qualified consulting firms. - Requested Services: - Arbitrage rebate calculation and reporting services for approximately seven outstanding bonds and twenty-six Community Facilities District Bonds - Preparation and calculation of five-year arbitrage reports and yield reduction calculations - Calculations upon bond maturity or redemption - Preparation of IRS rebate payment reports and forms (including IRS Form 8038-T) - Maintenance of a compliance calendar for arbitrage rebate deadlines - Continuing disclosure review services - Review and assessment of continuing disclosure agreements for all outstanding bond issues - Verification of the timeliness, accuracy, and completeness of continuing disclosure filings - Preparation of a five-year Continuing Disclosure Compliance Report - Unique or Notable Requirements: - Compliance with all federal, state, and local laws, including IRS Section 148 and SEC Rule 15c2-12 - Consultants must have at least four years of relevant experience with public clients - Fee proposals must include both yearly and five-year calculation methods, with all additional services and costs itemized - Strict insurance requirements and electronic submission via PlanetBids - Proposals must include a technical proposal, fee proposal, and Non-Collusion Declaration

Description

The City of Ontario is soliciting proposals for arbitrage rebate and continuing disclosure review services related to its outstanding and future tax-exempt bond issues. The consultant will prepare and calculate five-year arbitrage reports, yield reduction calculations, and provide reports/forms for IRS rebate payments. The scope includes compliance with federal, state, and local laws, and the consultant must provide fees based on yearly and five-year calculation methods. Proposals must be submitted electronically by May 11, 2026, and include technical and fee proposals along with a non-collusion declaration.

View original listing