22-66 Arbitrage Rebate & Opinion Service

The contract is for arbitrage rebate and opinion services, which includes reviewing outstanding debt issues, evaluating investment and record-keeping practices, and providing annual calculations and opinions on debt yields and excess earnings. The contract also requires the vendor to keep the county apprised of any changes in arbitrage compliance regulations and to assist the county in the event of an IRS inquiry. The contract has a term of two years, with the option to renew for three additional one-year periods. The contract value is estimated to be $100,000. Key points of the contract include: * The vendor will review outstanding debt issues and evaluate investment and record-keeping practices * The vendor will provide annual calculations and opinions on debt yields and excess earnings * The vendor will keep the county apprised of any changes in arbitrage compliance regulations * The vendor will assist the county in the event of an IRS inquiry * The contract has a term of two years, with the option to renew for three additional one-year periods * The contract value is estimated to be $100,000