Inventory Reconciliation

The Maryland Transit Administration is soliciting bids for a five-year contract to provide comprehensive inventory accounting services for its perpetual and fixed assets. The scope of work involves the reconciliation of 29,000 inventory items across more than 400 locations in Maryland, with total asset values exceeding 4 billion dollars. The selected contractor will be responsible for conducting a comprehensive physical inventory triennially and a sensitive item inventory annually, ensuring all results are validated against existing records in accordance with the Maryland Department of General Services Inventory Standards and Support Services Manual. To qualify, bidders and their assigned Site Contract Managers must have at least five years of experience reconciling at least 20,000 records with an aggregate value exceeding 50 million dollars and provide three professional references. The contract will be awarded to the responsible bidder offering the most favorable price. Key requirements include a 20 percent MBE participation goal, adherence to the Maryland Healthy Working Families Act, and mandatory Rail Worker Protection training for staff working near train tracks. Bids must be submitted via the eMaryland Marketplace Advantage portal by December 9, 2026, and include a non-disclosure agreement and a corporate diversity addendum.