RFQ - ARBITRAGE REBATE CALCULATION AND ANALYSIS SERVICES

The County of San Diego is seeking quotes from firms interested in providing arbitrage rebate calculation and analysis services (including yield restriction or any new regulatory requirements) related to various tax-exempt long-term obligations of the County and its affiliated agencies ("Offerors").

The County anticipates a contract term of an initial (base) period of one (1) year, with four (4) 1-year option periods.

The San Diego County (County) Chief Financial Office has a requirement for arbitrage rebate calculation and analysis services (including yield restriction or any new regulatory requirements) related to various tax-exempt long-term obligations of the County and its affiliated agencies. These services are to assist the County stay in compliance with the following codes and regulations:

• Internal Revenue Code (Code)
• United States Treasury (Treasury) Regulations.

Contractor shall provide services described herein to accomplish the following goals: monitor outstanding long-term obligations, provide necessary and timely calculations in accordance with any Internal Revenue Codes and Treasury regulations, and provide accurate and timely arbitrage reports for each long-term obligations and other services as outlined in the Contractor Requirements.

The Contractor's tasks shall include, but not be limited to, the following services and deliverables:

• Provide an arbitrage rebate report for each of the tax-exempt long-term obligations noted by the County or its affiliated agencies.
• Calculate for each tax-exempt long-term obligation noted by the County, the amount of excess earnings to be reserved as arbitrage for rebate to the Internal Revenue Service (IRS in accordance with the Code).
• Calculate as necessary, the amount to be remitted to the IRS related to yield restriction or any other existing or new regulatory requirement, in accordance with the Code and Treasury regulations.
• Provide certifications to the County or its affiliated agencies as to the accuracy and adequacy of the amounts reserved for rebate.
• Prepare all forms, returns, and related filings, etc. required for reporting to the IRS on a timely basis.
• Provide supporting cash flow reports and analyses as required to comply with the Code, Treasury regulations, and any other regulation attendant to tax-exempt financings.
• Provide investment earnings reports and analyses as required to comply with the Code, Treasury regulations, and any other regulation attendant to tax-exempt financings.
• Assist in the preparation of materials and responses in connection with any audit or examination initiated by the IRS that is related to the tax-exempt long-term obligations of the County and its affiliated agencies.
• Provide professional advisory services concerning arbitrage rebate and related matters to include yield restriction compliance and compliance with bond documents, suggesting accounting practices and procedures as appropriate.
• Advise the County as to the filing, reporting, and payment deadlines established by the IRS, including any new reporting requirements.
• Review County policies and procedures for post-issuance tax compliance and providing guidance or advice to improve such policies and procedures.
• Provide periodic training and presentations on topics of post-issuance tax compliance and arbitrage limits. At least one training shall be in-person located at County facilities.

**Submission method:** Offeror must submit a complete original quote in accordance with the format provided in this solicitation to the County of San Diego, Department of Purchasing and Contracting, through electronic upload to BuyNet before the Date and Time listed in Schedule. To see all information related to this RFQ, to submit Questions, and to receive notifications of updates, Offerors must select "Participate in RFx" for this solicitation in BuyNet.

Submit electronic quotes as files in .pdf format, except where specified otherwise. All quotes shall be signed with a handwritten signature by an authorized officer or employee of Offeror.

Evaluations may consider factors such as technical merit, experience, capacity, history of Offeror compliance, availability, price, and more to determine the quote(s) that provide the best value to the County.

Offeror's response to these Submittal Items shall be no more than twenty (20) pages, excluding disclosures, financials, sample reports, etc.

**Required** forms: *Offeror's Cover Page (PC600)* and *Representations and Certifications form (PC601)*.

The County anticipates a contract term of an initial (base) period of one (1) year, with four (4) 1-year option periods.