About this opportunity
AI summaryThe government authority in San Francisco, CA, requires a USA-based onshore vendor to provide SB 63 financial efficiency review services. The buyer needs the vendor to evaluate strategies for leveraging assets through housing, commercial, mixed-use, and transit-supportive development. The vendor must analyze potential impacts on ridership, revenue generation, fiscal stability, and public benefits such as affordable housing, job creation, and systemwide financial sustainability. Additionally, the scope requires the vendor to consider governance structures, financing mechanisms, regional partnerships, and alignment with existing public and private financing tools. Ultimately, the vendor must produce a regional development and financing strategy. The vendor will perform all work offsite. The buyer accepts digital submission of responses via email or online and states that it is looking for proposals regarding the budget. The provided text contains no further evaluation or key-date details.
Buyer and opportunity details
- Client
- Metropolitan Transportation Commission
Scope of work
- Identify a menu of cost-saving measures to reduce fixed and variable costs for AC Transit, BART, Caltrain, and Muni
- Evaluate cost-saving measures using metrics like cost per passenger mile and subsidy per passenger mile
- Perform a regional assessment of development and financing strategies to maximize real property assets
- Evaluate strategies to leverage assets through housing, commercial, mixed-use, and transit-supportive development
- Analyze impacts on ridership, revenue generation, fiscal stability, affordable housing, and job creation
- Consider governance structures, financing mechanisms, regional partnerships, and alignment with financing tools
- Produce a regional development and financing strategy
- Deliver the final Phase 2 analysis to the Independent Oversight Committee within statutory deadlines
Key dates
- Anticipated release date
- November/December 2026, if released
- Expected project start
- early 2027
- Final Phase 2 analysis delivery deadline
- no later than 480 days after the election results are certified, estimated to be around March 2028
How to submit
- Method
- Electronic via the agency portal
- Instructions
- Responses must be submitted in accordance with the official procurement documents if and when published on Bonfire (https://mtc.bonfirehub.com).
Contract details
- Estimated value
- To be determined
- Set-aside / preference
- Small Business Enterprise (SBE)
- Place of performance
- Offsite
- Funding
- State and/or local funding
