Other contractual service

The Florida Department of Transportation (FDOT) Master Agreement BDY73 is an Indefinite Delivery Vehicle (IDV) focused on providing professional consulting and financial advisory services for transportation infrastructure projects. The contract enables FDOT to procure specialized services on an as-needed basis through Task Work Orders, with a particular emphasis on Public-Private Partnership (P3) financial advice, construction engineering inspection (CEI), and general transportation consulting. Services under this IDV include financial modeling, feasibility studies, project financing analysis, construction inspection, asphalt plant testing, and strategic transportation infrastructure guidance.

The master agreement was originally awarded to multiple contractors, including Volkert, Inc. and IMG Advisory, LLC (d.b.a. IMG Rebel), with an initial contract period from September 2, 2014, to June 30, 2020. Covering the state of Florida, this master agreement is a Term Contract for Indefinite Quantity, allowing flexible task order assignments without a predetermined budgetary ceiling. While specific contract value details are limited, the agreement includes provisions for hourly rates, task-specific compensation, and the ability to add personnel as needed. The contract type permits renewal based on satisfactory performance and fund availability, with contractors required to maintain professional liability insurance and comply with state and federal regulatory requirements.