FINANCIAL_SERVICESAMENDED

District Amends Arbitrage Compliance Contract With MRMG

Galveston County MUD No. 6 approved an amended and restated agreement with Municipal Risk Management Group, LLC to provide yield restriction and rebate calculation analysis for all of the District’s tax-exempt bonds. The updated engagement sets fees at $600 per bond issue for initial analysis, $500 per year plus $600 per new bond for annual maintenance, and $250 per hour for additional services, with the agreement continuing until terminated on 30 days’ notice.

Status
AMENDED
Document date
April 6, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Municipal Risk Management Group Llc
Agency
Galveston County Mud 6 · TX

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Initial analysis: $600.00 per bond issue; Annual maintenance: $500.00 per year per district + $600.00 per new bond issued; Additional services: $250.00 per hour; Out-of-pocket expenses at cost (not to exceed $600/bond issue for unbilled arbitrage services on termination).
Contract type
FINANCIAL_SERVICES
Contract term
Ongoing until terminated by either party with 30 days’ written notice
Renewal
Agreement continues on an ongoing basis with annual maintenance charges and may be terminated by either party upon 30 days’ written notice; unbilled arbitrage services at termination will be billed at the hourly rate not to exceed $600 per bond issue.
Document type
Minutes
Source document
Galveston County Municipal Utility District No. 6 Minutes Regular Meeting of Board of Directors 2026-04-06

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Galveston County Mud 6?

Municipal Risk Management Group Llc was awarded this financial services contract by Galveston County Mud 6, as recorded on April 6, 2026. The contract value is Initial analysis: $600.00 per bond issue; Annual maintenance: $500.00 per year per district + $600.00 per new bond issued; Additional services: $250.00 per hour; Out-of-pocket expenses at cost (not to exceed $600/bond issue for unbilled arbitrage services on termination)..

How much is the Municipal Risk Management Group Llc contract with Galveston County Mud 6 worth?

The Municipal Risk Management Group Llc contract with Galveston County Mud 6 is valued at Initial analysis: $600.00 per bond issue; Annual maintenance: $500.00 per year per district + $600.00 per new bond issued; Additional services: $250.00 per hour; Out-of-pocket expenses at cost (not to exceed $600/bond issue for unbilled arbitrage services on termination)., covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Galveston County Municipal Utility District No. 6 Minutes Regular Meeting of Board of Directors 2026-04-06 (Minutes), dated April 6, 2026 from Galveston County Mud 6. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Municipal Risk Management Group Llc hold?

Municipal Risk Management Group Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Municipal Risk Management Group Llc's profile

What is Galveston County Mud 6 currently buying?

Explore Galveston County Mud 6's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Galveston County Mud 6's profile

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