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Washington Metropolitan Area Transit Authority·Washington

Cost Allocation & ICRP Contract

Closes 7/18/2025$500k – $2MRequest for Proposal
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Description

The Washington Metropolitan Area Transit Authority (WMATA) is seeking proposals from qualified and established independent firms to provide financial advisory services under a three-year contract. The selected firm will assist in the preparation of WMATA's annual Cost Allocation Plan (CAP) and Indirect Cost Rate Proposal (ICRP). Key responsibilities may include: • Preparing the annual Cost Allocation Plan (CAP) and Indirect Cost Rate Proposal (ICRP) • Providing financial advisory services to support WMATA's financial planning and budgeting • Assisting in the development of financial models and forecasts • Analyzing and interpreting financial data to inform business decisions • Providing guidance on financial regulations and compliance This opportunity requires a firm with expertise in financial advisory services, cost allocation, and indirect cost rate proposal preparation. The ideal candidate will have experience working with transportation agencies or similar organizations and will be able to demonstrate a strong understanding of financial planning and budgeting principles.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Melvin R McIlwain

[email protected]

Key dates

Opened
6/18/2025
Closes
7/18/2025
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
523930
Solicitation №
WMATA-0000010426

Budget estimate

$500,000 – $2,000,000

The budget for this opportunity is not explicitly stated in the document. However, based on the scope of work and the fact that it is a three-year contract, we can estimate the budget to be in the range of $500,000 to $2 million. This estimate is based on the assumption that the selected firm will provide a team of experienced financial advisors and will need to dedicate significant resources to support WMATA's financial planning and budgeting efforts. Factors that may influence the likely payment range include the firm's level of expertise, the complexity of the work, and the level of competition for the contract.

AI estimate from the solicitation

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