Independent Financial Assessment, Governance Review, and Financial Recovery Services

The Jacksonville Transportation Authority is requesting proposals for independent financial assessment, governance review, and financial recovery services, with questions due November 17, 2026 at 12:00 p.m. ET and proposals due November 23, 2026 at 2:00 p.m. ET. Disadvantaged Business Enterprise (DBE) and Small Business Enterprise (SBE) participation is encouraged but not mandated, though proposers must document good-faith outreach efforts to certified DBE and SBE firms.

Proposers must be in good standing in Florida (Sunbiz verification), absent from the System for Award Management (SAM), hold active professional licenses, and have no engagement with JTA within the 365-day period preceding solicitation release. Key staff designated as team leads must be Florida-licensed Certified Public Accountants in good standing, with required continuing professional education and recent quality control reviews.

The engagement requires an independent accounting, auditing, or financial advisory firm to assess JTA's financial condition, identify the causes and progression of financial deterioration, and evaluate governance and internal controls. The firm will develop a prioritized recovery roadmap with integrated financial models, corrective action registers, and early-warning measures, reporting directly to the Board through its designated oversight body. The review period covers October 1, 2023 through September 30, 2026, plus FY2027 activity through an agreed current-period cutoff. Jurisdiction is Duval County, Florida.

The fixed fee shall not exceed $325,000 for all base services and expenses. The contract is a one-year base term with no renewal options, commencing upon issuance of a Notice to Proceed.

This is a best-value procurement, with award based on an integrated assessment of technical criteria, qualifications, approach, and pricing rather than lowest cost alone. The JTA Board of Directors serves as the Technical Evaluation Team and scores weighted criteria: Qualifications, Experience and Availability of Key Staff (50 points), Project Approach and Methodology (35 points), and Rates and Fees (15 points), for a maximum of 100 points. Proposals must be submitted through the JTA OpenGov Procurement Portal. Question responses will be provided by November 19, 2026.