DOCUMENT

RFP - Arbitrage Rebate Compliance Services 2006

  • YEAR CREATED: 2006
  • ENTITY TYPE: City/Township
  • TYPE OF DOCUMENT: RFP - Request for Proposals
The document is a Request for Proposals (RFP) for arbitrage rebate compliance services from the City of Auburn, Alabama. The document outlines the requirements and criteria for firms interested in providing these services to the city. The document requests information on the firm's experience in providing arbitrage rebate compliance services, particularly with transactions issued by municipalities and municipal-level entities. It highlights the need for expertise in complex tax-exempt structures such as variable rate issues and advance refundings. The firm is required to provide at least two examples of work performed at the branch office responsible for the engagement, reflecting currently applicable laws, rules, and regulations. The document also requests information on the legal expertise available within or to the firm, specifically regarding Section 148(f) of the Internal Revenue Code and Regulations. The firm is expected to assure the city that their work will be consistent with federal tax and other applicable laws. It should explain whether the necessary legal advice will be provided within the firm or by a subcontractor, and any legal opinions that may be required for each arbitrage calculation. The firm's availability for future and additional rebate compliance services, such as new bond issues subject to the rebate requirement, is also requested. The document includes a section on the fee proposal, where the firm is required to provide a fee schedule for each bond described in Exhibit A. Additional fees for yield restriction analyses, commingled funds analyses, transferred proceeds analyses, variable rate issues, and periods in excess of twelve months should be stated. Estimates of other expenses exclusive of fee schedules should also be provided. The firm should describe follow-up consultation and services available after the completion of the arbitrage calculation, as well as how they would handle and bill for amending calculations if new regulations require it. The process for submitting proposals is outlined, including the content and preparation of the proposal, the number of copies required, and the submission deadline. Inquiries about the RFP must be directed in writing, and firms are not allowed to communicate with any City employee other than the designated contact officer listed in the document. The document states that the RFP does not commit the City to award a contract or pay any costs incurred for services. The City reserves the right to accept or reject any or all proposals, negotiate with qualified sources, or cancel the RFP. Proposals will be evaluated based on compliance with the RFP requirements, understanding of the project, recent experience, educational background, work experience, price, and references. The document concludes with information on the evaluation process, potential oral interviews, notification of intent to award, and the responsibility of the successful vendor to acquire the necessary licenses and permits. It includes an attachment, Exhibit A, which provides details of the Water Works Board of the City of Auburn Alabama's general obligation bonds, including a specific bond with a 2.75% - 5.125% interest rate and a maturity date of July 1, 2026.
MEMBERS ONLY DOWNLOAD
Advertisement

Similar Documents

Document
RFP -Compensation Study, 2023
Year Created: 2023
Document
ART - Analysis - Performance Measurement for Workload, Staffing and Vehicles 2005
Year Created: 2005
Document
ART - Cooperative P-Card Contracting 2009
Year Created: 2009