The Department of Transportation's Federal Transit Administration (DOT FTA) awarded an indefinite delivery contract to Porter & Associates, Inc. (doing business as Porter Associates Inc.), a self-certified small disadvantaged business. The $2.785 million multiple award contract, with a period of performance from April 2020 to April 2024, provides financial analysis services to support the DOT FTA's evaluation of transit agencies' financial capacity as part of its public transportation grant programs.
Under this IDIQ contract, the DOT FTA has issued multiple delivery orders to Porter & Associates, totaling over $2.28 million, for services such as financial capacity assessments, financial evaluations, and related support. The delivery orders, utilizing labor hour and firm fixed price pricing, require Porter & Associates to provide these financial analysis services in Washington, D.C. to assist the DOT FTA in assessing the long-term financial viability of grant applicants and recipients as the agency administers its funding for new transportation systems and services.
Generated 4/10/24, 9:15 AM