[UPCOMING POTENTIAL OPPORTUNITY] SB 63 Financial Efficiency Review - Phase 2 - Request for Proposals (RFP)

The Metropolitan Transportation Commission is issuing a pre-solicitation notice for a third-party consultant to conduct Phase 2 of the Financial Efficiency Review as mandated by Senate Bill 63 and California Government Code sections 67762 and 67764. This potential opportunity is contingent upon voter approval of the measure in November. The selected consultant will work with subject operators, including AC Transit, BART, Caltrain, and Muni, as well as an MTC-established oversight committee to identify cost-saving measures for fixed and variable costs and develop a regional strategy to maximize the value of real property assets. Performance metrics will include cost and subsidy per passenger mile, reported in both nominal and real dollars. The RFP is anticipated for release in November or December 2026, with a preliminary response deadline of January 14, 2027. The final analysis is expected to be delivered to the Independent Oversight Committee by approximately March 2028, or within 480 days of the certification of election results. While the budget is currently undetermined, the procurement will be subject to the MTC Small Business Enterprise Program, though no federal DBE requirements apply. All inquiries and submissions must be managed through the Bonfire procurement portal, with Mey Phu serving as the primary point of contact.