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Amendment 0006 - Financial Management Oversight (FMO) Program   8

ID: 69319521R000003 • Type: Solicitation • Match:  95%
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Description

Posted: July 20, 2021, 7:56 p.m. EDT

The purpose of this amendment is to provide clarifying language as it pertains to Joint Ventures within the RFP/Solicitation file. The updated RFP/Solicitation file has been updated and included via this amendment.

All other terms and conditions remain unchanged.

Posted: July 20, 2021, 1:38 p.m. EDT
Posted: July 14, 2021, 4:20 p.m. EDT
Posted: July 7, 2021, 2:32 p.m. EDT
Posted: July 2, 2021, 12:38 p.m. EDT
Posted: June 16, 2021, 9:19 a.m. EDT
Posted: June 9, 2021, 6:56 p.m. EDT
Background
The Financial Management Oversight (FMO) program, initiated by the Federal Transit Administration (FTA) in 1991, is a management tool for examining recipient performance and adherence to FTA requirements. It ensures that recipients have sound financial management systems to manage federal funds effectively.

Work Details
The contractor will conduct various tasks under the FMO program including program management, special assignments, financial management oversight reviews, corrective action support, targeted technical assistance, workshops/training, risk assessment, and innovation training. Specific tasks include conducting full scope financial management system reviews to evaluate recipients' systems against federal standards.

Additionally, the contractor will participate in quarterly meetings and annual oversight conferences, prepare reports and presentations, and provide technical assistance. The contractor will also perform follow-up reviews to ensure implementation of corrective actions from previous reviews.

Period of Performance
The period of performance is five years.

Place of Performance
The primary work site is at the contractor's site with potential visits to USDOT Headquarters in Washington, DC; USDOT Training Facility in Arlington, VA; FTA HQ or regional offices; other government offices; and grantee offices.

Overview

Response Deadline
July 23, 2021, 3:00 p.m. EDT (original: July 9, 2021, 3:00 p.m. EDT) Past Due
Posted
June 9, 2021, 6:56 p.m. EDT (updated: July 20, 2021, 7:56 p.m. EDT)
Set Aside
8(a) (8A)
Place of Performance
Not Provided
Source

Current SBA Size Standard
$24.5 Million
Pricing
Time And Materials; Fixed Price;
Evaluation Criteria
Best Value
Est. Level of Competition
Average
Signs of Shaping
72% of obligations for similar contracts within the Federal Transit Administration were awarded full & open.
On 6/9/21 Federal Transit Administration issued Solicitation 69319521R000003 for Amendment 0006 - Financial Management Oversight (FMO) Program due 7/23/21. The opportunity was issued with a 8(a) (8A) set aside with NAICS 541611 (SBA Size Standard $24.5 Million) and PSC R408.
Primary Contact
Name
Shequesha Evans   Profile
Phone
(202) 366-0184

Secondary Contact

Name
Stephanie Cooke-Nwadibia   Profile
Phone
(202) 366-7072

Documents

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Additional Details

Source Agency Hierarchy
TRANSPORTATION, DEPARTMENT OF > FEDERAL TRANSIT ADMINISTRATION > 693195 OFFICE OF ACQUISITION MGT
FPDS Organization Code
6955-00060
Source Organization Code
100184892
Last Updated
Aug. 7, 2021
Last Updated By
shequesha.evans@dot.gov
Archive Date
Aug. 7, 2021