Fractional Aircraft Ownership Analysis

Texas Tech University is seeking an analysis to evaluate the feasibility and cost-effectiveness of fractional ownership and alternative models as alternatives to fully purchasing an aircraft. The solicitation, posted on June 18, 2026, with a response deadline of July 2, 2026, is classified as a subcontract under NAICS code 532422, which pertains to aircraft rental and leasing. The study must assess financial, operational, and strategic implications of shared ownership structures compared to outright acquisition, considering factors such as maintenance costs, usage patterns, regulatory compliance, and long-term value. The work is expected to deliver actionable insights to inform procurement decisions, with no specific location for performance identified. Interested parties must submit responses through the provided Texas SmartBuy portal by the stated deadline.