Department of Transportation, Build America Bureau, Railroad Credit Assessment Portfolio Management (RCAPM) Application RRIF Program
Overview
Buyer
Place of Performance
NAICS
PSC
Set Aside
Original Source
Timeline
Qualification Details
Fit reasons
- NAICS alignment with historical contract wins in similar service areas.
- Scope strongly matches core technical capabilities and delivery model.
Risks
- Past performance thresholds may require one additional teaming partner.
- Potential clarification needed on staffing minimums before bid/no-bid.
Next steps
Validate eligibility requirements, assign capture owner, and schedule partner outreach to confirm teaming strategy before submission planning.
Quick Summary
The Department of Transportation's Build America Bureau has issued a Special Notice in the form of a Justification for Other Than Full and Open Competition (JOFOC). This document justifies a sole-source award to BancLab LLC for specialized financial analysis and credit risk modeling support for the Railroad Credit Assessment and Portfolio Management (RCAPM) system, which is critical for the Railroad Rehabilitation and Improvement Financing (RRIF) Program. The government intends to recompete this requirement via full and open competition in the future, with an Industry Day and Request for Information (RFI) planned for spring 2026.
Scope of Work
The required services include:
- RCAPM System Maintenance & Updates: Maintaining, testing, and deploying RCAPM production and staging environments, ensuring error-free operation of all modules (CRA, Re-estimate, Budget Formulation, Modification, Loan Management), providing technical support, and managing security remediation. This also involves aligning RCAPM credit-subsidy modules with OMB's Credit Subsidy Calculator, supporting Loan Management System data import/management, and performing historical default analysis for the internal credit-rating model.
- Modeling & Program Support: Consulting on complex subsidy calculations, providing recommendations, assisting with audit responses, running subsidy scenarios, and building Excel-based models. Support also extends to budget formulation, re-estimates, loan management, and ongoing RRIF Program activities such as apportionment preparation, budget execution review, and financial inquiries.
- Training: Developing and conducting in-person training for Bureau staff on the RCAPM system.
Contract Details
- Type: Sole-Source Award (Justification for Other Than Full and Open Competition)
- Anticipated Duration: 23 months
- Place of Performance: Washington, DC
- Set-Aside: Not applicable (sole-source justification)
- Published: March 25, 2026
Evaluation & Rationale
The sole-source award to BancLab LLC is justified because they developed the RCAPM Application and possess unique knowledge and experience essential for its maintenance and support. Market research indicated no other commercially available solution or vendor could provide the required functionality without extensive customization and delay. The authority for this action is DOT Deviation No.2025-010.
Future Opportunities
The government plans to recompete this requirement through full and open competition in the future. An Industry Day and Request for Information (RFI) are scheduled for spring 2026 to engage with potential vendors. Interested parties should monitor SAM.gov for these upcoming events and solicitations.