Rail

N.J. Transit incentivizes bidding process participation

Posted on February 12, 2009

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.

View comments or post a comment on this story. (0 Comments)

More News

Apple to introduce transit maps to iOS9

The directions would offer the ability to plan trips, getting estimated travel times for bus, train and subway transit methods.

NJ TRANSIT refutes report that its trains break speed regulations

CBS went to Secaucus Junction, a major rail hub, and the South Orange station armed with a speedometer app and a radar gun to clock trains as they passed through the stations, with a couple of trains traveling in excess of the 60 mph recommended for trains passing through stations.

San Francisco completes Central Subway tunnel portal entrance

The identical twin TBMs weighed-in at 750 tons each and were affectionately named Mom Chung — for Dr. Margaret “Mom” Chung, the nation’s first Chinese-American physician — and Big Alma — for San Francisco philanthropist and socialist “Big Alma” de Bretteville Spreckles.

House passes short-term extension of MAP-21

The Highway and Transportation Funding Act of 2015, sponsored by House Transportation and Infrastructure Chairman Bill Shuster (R-PA) and House Ways and Means Chairman Paul Ryan (R-WI), passed by a vote of 387 – 35 – 1.

Virginia Railway, GlobeSherpa rolling out new mobile app

The app, developed by GlobeSherpa, has an animated screen, with an image of the Washington, D.C., skyline and a constantly moving VRE train. The moving image serves as a security measure to keep hackers from using screen shots to mimic the app.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The resource for managers of class 1-7 truck Fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close