Macroeconomic Model Development and Enhancement

The contract seeks to refine and expand a macroeconomic model to evaluate the broader economic impacts of highway investments, with a focus on integrating outputs from the HERS and NBIAS systems to enhance policy analysis capabilities. This effort aims to improve the accuracy and scope of economic forecasting by incorporating detailed transportation infrastructure data, enabling more informed decision-making at the federal level. The work will involve advanced modeling techniques, data integration, and validation to ensure the expanded model reliably reflects real-world economic dynamics tied to transportation spending. Performance of this subcontract is based in Cambridge, Massachusetts, under the oversight of the Volpe National Transportation Systems Center within the Department of Transportation. The solicitation was posted on August 5, 2026, with responses due by August 13, 2026, and is classified under NAICS code 541620, indicating it falls under management, scientific, and technical consulting services. The subcontractor is expected to deliver a robust, policy-ready analytical framework that supports long-term infrastructure planning and economic impact assessments, with a strong emphasis on scalability, data compatibility, and actionable insights for transportation policy stakeholders.