Arbitrage Services and Technical Assistance

The Kentucky Infrastructure Authority is seeking a firm to provide arbitrage services and technical assistance. The selected firm will be responsible for performing arbitrage calculations to satisfy the requirements of Section 148 of the Internal Revenue Code of 1986, as amended, and regulations thereunder. The firm will also provide technical assistance and support to the Authority. The contract is expected to be for a period of two years, with the option to renew for up to two additional two-year periods. • The scope of work includes reviewing the Authority's debt issues, evaluating and making recommendations on current investment and record-keeping practices, and calculating and opining on debt yields and excess earnings. • The firm will also be required to inform the Authority of any changes in arbitrage compliance regulations and assist the Authority in the event of an IRS inquiry. • The Authority will evaluate proposals based on technical and cost criteria, including experience with similar projects, qualifications, and methodology. • The selected firm will be required to submit a technical proposal, cost proposal, and proprietary information, and may be required to participate in oral presentations or demonstrations.