Long-Term Asset Management

The City of Waco seeks a subcontractor to provide comprehensive long-term asset management services focused on ensuring the sustainability of public infrastructure and facilities. The scope of work includes developing lifecycle planning strategies, conducting capital reserve studies, monitoring asset performance over time, and designing reinvestment plans that align with financial and operational goals. These services are critical to maintaining asset value, predicting future maintenance needs, and allocating resources efficiently to avoid unexpected failures or costly emergencies. The subcontractor must demonstrate expertise in asset lifecycle analysis and the ability to deliver data-driven recommendations tailored to municipal infrastructure. The opportunity is posted as a subcontract under NAICS code 541690, which covers other scientific and technical consulting services, and the response deadline is set for September 15, 2026. While the solicitation number and point of contact are not provided, the opportunity is accessible through the City of Waco’s public procurement portal. The contract does not specify a set-aside classification, and the place of performance is located within the City of Waco, Texas, with no restrictions indicated on the geographic scope beyond that. Bidders are expected to understand local asset conditions and regulatory frameworks to effectively support the city’s long-term operational resilience.