26-47 Arbitrage Rebate Calculation & Opinion Service

Bay County, Florida (“County”) issued tax-exempt debt that is subject to the arbitrage provisions of the Tax Reform Act of 1986 and related IRS regulations.  The Bay County Board of County Commissioners is seeking proposals from qualified firms for computing yields on its debt, amounts of rebate, yield reduction payments, spend-down penalty payments and legally opining on such computations.

Project Details

• Reference ID: 26-47
• Department: Budget
• Department Head: Maranda Griffin (Chief Financial Officer)

Important Dates

• Questions Due: 2026-07-10T22:00:00.000Z

Evaluation Criteria

• Summary —

  Bay County, Florida (“County”) issued tax-exempt debt that is subject to the arbitrage provisions of the Tax Reform Act of 1986 and related IRS regulations.  The Bay County Board of County Commissioners is seeking proposals from qualified firms for computing yields on its debt, amounts of rebate, yield reduction payments, spend-down penalty payments and legally opining on such computations.

• Project Details —

  Bay County, Florida (“County”) issued tax-exempt debt that is subject to the arbitrage provisions of the Tax Reform Act of 1986 and related IRS regulations.  The Bay County Board of County Commissioners is seeking proposals from qualified firms for computing yields on its debt, amounts of rebate, yield reduction payments, spend-down penalty payments and legally opining on such computations.

• Timeline —

  Release Project Date:	June 22, 2026
  Question Submission Deadline:	July 10, 2026, 5:00pm
  Bid Deadline:	July 23, 2026, 2:30pm

• Project Contact —

  Maranda Griffin

  Chief Financial Officer

  840 West 11th Street

  Panama City, FL 32401

  Email: mgriffin@baycountyfl.gov

  Phone: (850) 248-8240

• Procurement Contact —

  Scott Nabers

  Contract Administrator

  840 W. 11th Street

  Panama City, FL 32401

  Email: snabers@baycountyfl.gov

  Phone: (850) 248-8274

Submission Requirements

• Respondent Submittals (required) —

  Please upload your complete response, including any and all required forms listed in the solicitation and corresponding attachments. 

• I certify that I have read, understood and agree to the terms in this solicitation, and that I am authorized to submit this response on behalf of my company. (required)
• Pricing (required) —
  • Choose Option 1 when you have set line items, for example:
    • This is a quote for goods or commodities.
    • This is a public works bid, with a pricing table that can be uploaded into OpenGov Procurement from an Excel spreadsheet.
    • Seeking services for hourly rate schedules.
  • Choose Option 2 when you need vendors to provide you with the line items. 
• Evaluation Committee? (required) —

  Will there be an evaluation committee to review the proposals and score them based on weights and multiple criteria?

• Procurement and/or Project Contact —

  Select the information you would like display.