Madison Bus Rapid Transit TIFIA Putting Assets to Work Asset Scan

Awarded State & local contract opportunity Posted

Solicitation number
13097-0-2025-BP
State
Wisconsin
Responses due

Opportunity facts

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Opportunity details come from vendornet.wi.gov. Updated .

About this opportunity

Written by GovTribe AI ·

The City of Madison Transportation and Economic Development Divisions is seeking a qualified consultant to conduct a comprehensive Bus Rapid Transit (BRT) TIFIA Putting Assets to Work Asset Scan project. The primary objective is to perform an in-depth asset scan and market valuation of 177 city-owned properties near transit corridors, with the goal of identifying potential public-private partnership opportunities. The project will be executed in five distinct phases, including an initial asset scan, market value analysis, programming and blocking, ownership and financing evaluation, and pre-RFP support. Specific deliverables include evaluating properties for transit accessibility, affordable housing potential, workforce development opportunities, and economic potential. The proposal responses are due on April 9, 2025, at 2:00 PM Central Time, with the contract period spanning from January 6, 2025, to January 5, 2028. Qualifications will likely include expertise in urban planning, real estate valuation, transit-oriented development, and public-private partnership structuring.

The procurement is funded by a $670,000 federal grant from the U.S. Department of Transportation through the Transportation Infrastructure Finance and Innovation Act (TIFIA) program, with no required non-federal match. While no specific set-aside designations were explicitly mentioned, the RFP emphasizes community priorities such as protecting existing workforce and avoiding job losses. The project has a strict requirement that the selected consultant cannot submit development proposals for the RFPs they help prepare, ensuring objective asset evaluation. Notably, the project spans multiple jurisdictions, including Dane County and Mattoon Village in Wisconsin. The consultant will be prohibited from participating in subsequent development opportunities, which helps maintain the integrity of the asset scan process. The comprehensive nature of the project suggests a potential award value closely aligned with the $670,000 grant, with the expectation that the selected firm will provide detailed strategic recommendations for property development and economic enhancement.

Files

File Type Posted
13097 Evaluation Report.pdf PDF
13097-0-2025-BP RFP.pdf PDF
13097 Form A2.xlsx XLSX spreadsheet
13097 Addendum 1.pdf PDF
13097 Addendum 2.pdf PDF

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