MAP-21 Financial Assessment

The Federal Transit Administration awarded this Master IDIQ for financial capacity assessments of transit capital projects seeking Section 5309 Capital Investment Grant funds on May 16, 2014, with ordering authority ending May 14, 2019—this vehicle is no longer active and has been closed to new orders for over seven years.

The vehicle procures financial assessment and evaluation services supporting FTA's review of project justification criteria, local financial commitment, and funding stability for proposed transit capital projects. Task orders directed contractors to conduct detailed financial capacity assessments (FCAS) and financial assessments (FA) for projects seeking Section 5309 funds, with work priced as firm fixed price or labor hours. All 22 awarded task orders funded FTA's Office of Planning and Environment (TPE) directly.

Porter & Associates, Inc. dominated the vehicle by potential value, holding $1.1 million of the $3.6 million combined potential across five orders—roughly 30 percent of total vehicle value. Milligan & Company LLC captured the second-largest share at $754 thousand across three orders. High Street Consulting Group LLC, Delta Development Group Inc., and Jones Lang Lasalle Americas, Inc. followed with smaller combined values. Activity was reasonably distributed: the top three primes by order count each held five orders, while the remaining three primes split nine orders.

Ordering activity was steady at roughly four to five task orders per year between 2014 and 2019, with the most recent awards in April 2019. The vehicle obligated $2.6 million of its $3.6 million potential value (74 percent). About 68 percent of task orders carried no set-aside designation, with the remaining 32 percent designated for total small business—predominantly at vehicle inception in 2014. Individual task-order ceilings ranged from roughly $16,600 to $403,500, with most falling in the $75,000 to $265,000 band. No successor vehicle is identified in the source material.

The Moving Ahead for Progress in the 21st Century Act (MAP-21) specifies that the evaluation and rating process be based on examination of six project justification criteria as well as on whether the project is supported by an acceptable degree of local financial commitment, including evidence of stable and dependable funding sources to construct, maintain, and operate both the proposed project and the existing transit system. Thus, project sponsors must generate, and FTA must verify, information on project costs, ridership, financing, and environmental impacts. The Office of Planning and Environment (TPE) within the Federal Transit Administration (FTA) is responsible for the project evaluation and rating process described above. In this statement of work, FTA is seeking assistance specifically related to the determination of local financial commitment for proposed Capital Investment Grant projects.