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

MBTA's Green Line extension awarded $250M fed infusion

The 4.7-mile light rail line will serve some of the region’s most densely populated communities that currently lack access to rail transit.

Sound Transit breaks ground on Capitol Hill Station TOD

Construction of affordable housing, mixed-used development near popular light rail station begins.

Beijing subway to use 'bio-recognition tech' to speed passenger flow

Facial recognition cameras would be able to detect people’s faces, potentially allowing them to bypass normal ticketing channels.

New intercity rail service launches in Connecticut

Connects to a number of other rail services, including Metro-North, Shoreline East, and Amtrak including Amtrak’s Acela

Alstom to supply 38 Citadis trams for German operator

Will also provide training, repair equipment and warranty services. The contract includes an option for 15 additional vehicles.

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 number 1 resource for vocational 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