Provide arbitrage rebate and yield reduction liability calculation services on certain of the Agency’s bond issues that are subject to the arbitrage rebate provisions of the Internal Revenue Code of 1986 as amended. The firm selected must demonstrate an understanding of the tax laws and issues relating to arbitrage rebate and yield reduction calculations as well as with fixed rate housing bonds, variable rate housing bonds and related hedge instruments. The individual from your firm who will be directly responsible for carrying out the contract must be a certified public accountant (“CPA”), attorney, or other qualified professional, who is able to certify that he or she has been performing arbitrage rebate services for a minimum full-time equivalent of five years.
