RECOVERY-AMERICAN AND RECOVERY INVESTMENT ACT

This contract opportunity is exclusively available to the five awarded 8(a) contractors under the Federal Transit Administration’s (FTA) Indefinite Delivery Indefinite Quantity (IDIQ) Financial Management Oversight (FMO) contracts, with Financial Business Solutions being one of the recognized firms. The contract will be awarded as a firm fixed-price task order derived from the base IDIQ agreement. Its primary objective is to conduct thorough reviews of grantees' eligibility for American Recovery and Reinvestment Act (ARRA) funds, ensuring compliance with FTA guidelines and applicable federal cost principles. Key responsibilities include full-scope FMO system reviews, follow-up assessments, cost allocation plan evaluations, agreed-upon procedure implementations, and financial capacity assessments for non-New Starts projects. Additional tasks involve updating and maintaining FMO program resources such as the Financial Management Oversight Resource Manual and training materials, conducting FMO training sessions, developing program and special assignment reports, and performing overall oversight activities. The place of performance is Doylestown, Pennsylvania, and the contract falls under NAICS code 541211. The contract is managed by the Department of Transportation’s Office of Acquisition Management, located in Washington, D.C., with Robyn Jones serving as the point of contact for further information.