Addendum - Portfolio Management FY27 RFP Preproposal Meeting Date Change.pdf

This addendum document, issued by the City of Philadelphia's Department of Streets Transportation, notifies all applicants of a change to the pre-proposal meeting date for RFP Opportunity #21260430164355 for On-Call Portfolio Management Services. The pre-proposal meeting has been rescheduled from its original date of July 10, 2026 to July 13, 2026 at 1:00 p.m. Philadelphia Time. The meeting will be conducted virtually via Microsoft Teams using the provided meeting link. The proposal submission deadline remains July 3, 2026, with applicant interviews scheduled for September 30, 2026 and contract execution anticipated for January 4, 2027. The initial contract term runs from January 4, 2027 through January 3, 2028, with the City holding options to extend for up to four additional one-year terms.

The requested services include comprehensive project management for federal and state-funded transportation and bridge projects, with a maximum compensation of $1.5 million for the initial contract term. Compensation will be structured through individual work orders negotiated on a project-specific basis using Cost-Plus Fixed Fee, Specific Rate, or Lump Sum methodologies. Applicants must be PennDOT pre-qualified engineering firms and are encouraged to obtain Local Business Entity certification. No retainage will be withheld for project management, construction management, construction inspection services, or non-deliverable work orders. All work must comply with federal FHWA and PennDOT standards and the Philadelphia 21st Century Minimum Wage and Benefits Standard.