February 12, 2009

N.J. Transit incentivizes bidding process participation

The New Jersey Transit (NJ Transit) Board of Directors approved “innovation stipends” to encourage more firms to participate in the bid process for portions of the Mass Transit Tunnel project.

The use of innovation stipends, which is an approach encouraged by the Federal Transit Administration, helps contractors cover a portion of their expenses preparing bid proposals for complex design/build projects, enabling firms to devote the staff and financial resources necessary to bid, resulting in greater competition in the procurement process.

Bids will be accepted for each of the three tunnel segments, with unsuccessful bidders receiving up to $375,000 for their submissions. The stipend allows NJ Transit to retain the rights to all submissions. The agency can also adapt or adopt design elements on other innovations contained within unsuccessful bids.

Expanding the field of competition through these stipends is expected to promote participation of small and disadvantaged business enterprises, particularly as subcontractors, according to NJ Transit.

deli.cio.us digg it stumble upon newsvine
[ Request More Info about this product / service / company ]


E-NEWSLETTER

Receive the latest Metro E-Newsletters in your inbox!

Join the Metro E-Newsletters and receive the latest news in your e-mail inbox once a week. SIGN UP NOW!

View the latest eNews
Express Tuesday | Express Thursday | University Transit

White Papers

Factors in Transit Bus Ramp Slope and Wheelchair-Seated Passenger Safety Nearly 3 million U.S. adults are wheelchair or scooter users1, and as the population ages this number is expected to rise. Many wheelchair users rely upon public transportation to access work, medical care, school and social activities.

Mass Transit Capital Planning An overview of the world-class best practices for assessing, prioritizing, and funding capital projects to optimize resources and align with the organization’s most critical immediate and long-term goals.

The Benefits of Door-to-Door Service in ADA Complementary Paratransit Many U.S. transit agencies continue to struggle with the quality of ADA service, the costs, and the difficulties encountered in contracting the service, which is the method of choice for a significant majority of agencies. One of the most basic policy decisions an agency must make involves whether to provide door-to-door, or only curb-to-curb service.

More white papers


 
DIGITAL EDITION

The full contents of Metro Magazine on your computer! The digital edition is an exact replica of the print magazine with enhanced search, multimedia and hyperlink features. View the current issue