Summary The State of Arizona (hereinafter referred to as the State) is seeking offers from qualified firms (hereinafter referred to as the Contractor) to provide Arbitrage Rebate services. Pursuant to the Tax Reform Act of 1986, State and local issuers of tax exempt debt under most conditions must report to the Federal government and rebate to the U.S. Treasury any earnings to the extent that the yield exceeds the bond yield. Issues include lease purchase certificates of participation, non-assignable lease purchases, revenue and other types of tax exempts financing.
Bid Protests Not Available