Description
The Texas Water Development Board (TWDB) is seeking a qualified contractor to provide arbitrage compliance services. The selected contractor will assist TWDB in ensuring compliance with Internal Revenue Code Section 148 and Treasury regulations. The scope of work includes creating and maintaining records, performing calculations, providing reports, and preparing transmittals and forms necessary to report and pay arbitrage liability or yield reduction payments. The contractor will also provide advice and assistance, review reports, and assist TWDB in preparing schedules and records.
• The contract term is from September 1, 2026, to August 31, 2029, with potential extensions.
• The maximum total project cost is $363,000.
• The contractor will be required to submit reports and provide deliverables as outlined in the contract.
• The contractor must demonstrate experience and qualifications in providing arbitrage compliance services.
• The contractor must comply with all applicable laws, rules, and regulations, including those related to historically underutilized businesses and cybersecurity.