Government Contract | Illinois
Arbitrage Rebate Calculation Services

Bid Information

Bid Alert No: 00000570609

Bid Title: Arbitrage Rebate Calculation Services

Agency Bid No. Title: 370-500-16-001

Received Date: 05/16/2016

Close Date: 06/03/2016

Purchase Type: 3 year term

Delivery Point:

Delivery Date: Not Stated

Special Notices: Questions Due By 05/16/2016 12:00 PM


Specifications include, but are not limited to:For all outstanding and future general obligation tax-exempt bond series issued by the State ( c o l l e c t i v e l y , t h e B o n d s ) , t he Contractor shall provide the following services (collectively, the S e r v i c e s ) : A. For each Bond issue, provide a calculation of the amount, if any, subject to rebate under Section 148(f) of the Code with respect to the issue. The calculation shall determine the excess of the amount earned on all non-purpose investments, over the amount which would have been earned if such non-purpose investments were invested at a rate equal t o t h e y i e l d o n t h e B o n d s ( E x c e s s ) p l u s a n y i n c o m e a t t r i b u t a b l e t o t h e E x c e s s ; B. Provide advice regarding the amount and timing of any payments that may be required under Section 148(f) of the Code and the calculations related thereto; C. In the event all proceeds of the Bonds meet an exception to the arbitrage rebate

Bid Related Documents

Download Document

Product Code: 96149

Agency Information

Issuing Agency: State of Illinois - Office of the Treasurer

State: Illinois

Agency Type: State and Local

Contact: 400 West Monroe Street, Suite 401, Springfield, Illinois, 62704



FREE Market Analysis

Get a FREE 90-Day Market Analysis and see the bids you’ve been missing