RFP_5-4254_Exhibit_B.pdf

This is Exhibit B from a Request for Proposals issued by the Orange County Transportation Authority (OCTA) in California for a 2026 Transit Asset Management Plan Update. The project encompasses a comprehensive update to the Authority's transit asset management strategy over a thirteen-month term with a total budget of $250,000. The scope of work requires qualified consultants to develop and deliver an updated transit asset management plan that aligns with federal requirements and OCTA's operational needs. The deliverables and specific milestones, timelines for submission, and detailed evaluation criteria are outlined in the exhibit to guide consultant proposals and ensure comprehensive coverage of the project objectives.

The exhibit establishes the technical and administrative requirements that proposing consultants must address, including detailed methodologies, resource allocation, and compliance with applicable federal transit asset management standards. The contract represents a fixed-price engagement with a defined project duration and deliverable structure. The funding is allocated from OCTA's budget for planning and asset management activities, reflecting the Authority's commitment to maintaining current and effective asset management practices as required by federal transit regulations and best practices in public transportation asset stewardship.