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FBO DAILY ISSUE OF FEBRUARY 22, 2009 FBO #2645
DOCUMENT

70 -- Bond Calculation Software that conforms to regulations and meets U.S. Government 508 compliance standards. - Amendment 1

Notice Date
2/20/2009
 
Notice Type
Amendment 1
 
NAICS
541511 — Custom Computer Programming Services
 
Contracting Office
Department of the Treasury, Internal Revenue Service (IRS), National Office Procurement (OS:A:P), 6009 Oxon Hill Road, Suite 500, Oxon Hill, Maryland, 20745
 
ZIP Code
20745
 
Solicitation Number
IRS-2009-SourcesSought-1
 
Response Due
2/27/2009 3:00:00 PM
 
Archive Date
3/14/2009
 
Point of Contact
Russell E. Critterton,, Phone: 2022831396
 
E-Mail Address
russell.e.critterton@irs.gov
 
Small Business Set-Aside
N/A
 
Description
Product #1 – Arbitrage Rebate and Yield Restriction Calculations Compute Bond Yield (Variable and Fixed) – Ability to compute the arbitrage yield limit. Ability to calculate Original Issue Discount (OID) or Original Issue Premium (OIP) for each maturity. Incorporate the capability of inputting Principal Amounts, Coupons, Maturity Dates, Mandatory Sinking Fund Redemption Dates, and Reoffering Prices/Yields. Incorporate credit enhancement as lump sum or periodic payments. Ability to test and compute deep discount and yield-to-call bonds. Ability to determine price/yield on capital appreciation bonds. Compute Investment Yield – Ability to compute the internal rate of return on individual investments, as well as a composite (blended) yield on all investments, with the same data input. Ability to select any date as a valuation date for determining internal rate of return, using fair market value or present value of investments. Ability to designate investments to particular funds and compute the internal rate of return for each fund. Compute Arbitrage Rebate Payments – Compute the cumulative rebate amount and provide for the ability to enter rebate transactions by investments. Ability to compute the amount of arbitrage rebate on each fund by future valuing investments to a given date at the arbitrage yield limit. Compute Yield Reduction Payments – Ability to assign yield restriction dates and yield restriction rates to certain investments and funds to determine yield restriction compliance. Data Input – Allow for the import of information from Excel spreadsheets and trustee statements. Acceptance of input data in the form of investment transactions and/or cash flows (receipts/disbursements). Should accept capital appreciation bonds, term bonds, current interest bonds and bonds with irregular payments. Calculate the Amount of Transferred Proceeds Allocate the Investments in a Commingled Fund Determine the Application of the Universal Cap Advance Refunding Escrow Analysis – Ability to import State and Local Government Series (SLGS) securities data from Bureau of Public Debt to verify whether SLGS are an adequate investment for yield restricted escrows, thus eliminating the alternative use of open market securities. Product #2 – Multi-family Housing Calculations Software with the ability to do calculations needed to determine whether a multi-family housing project meets the low income set-aside tests under IRC section 142(d). Product #3 – Private Use Calculations Software with the ability to: •Facilitate the process of determining whether the private use / private payment / private loan tests are met under IRC § 141 and 145. •Calculate / determine whether the allocation of and accounting for the bond proceeds are in compliance with the regulations under sections 141 and 148 of the Internal Revenue Code. This is an update to the description. Response date extended to February 27, 2009, time 3:00 pm, EST.
 
Web Link
FedBizOpps Complete View
(https://www.fbo.gov/?s=opportunity&mode=form&id=be9c25fb03dd687caaa484ea3a090576&tab=core&_cview=1)
 
Document(s)
Amendment 1
 
File Name: Product #1 – Arbitrage Rebate and Yield Restriction Calculations (Requirements for specialized software v 3 Bond.doc)
Link: https://www.fbo.gov//utils/view?id=ae59b4aea3e5bfafd3385f7b6e8a2406
Bytes: 26.50 Kb
 
Note: If links are broken, refer to Point of Contact above or contact the FBO Help Desk at 877-472-3779.
 
Record
SN01754678-W 20090222/090220220113-be9c25fb03dd687caaa484ea3a090576 (fbodaily.com)
 
Source
FedBizOpps Link to This Notice
(may not be valid after Archive Date)

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