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 (DOT), specifically the Federal Highway Administration (FHWA), has issued a Special Notice in the form of a Justification for Other Than Full and Open Competition (JOFOC). This notice announces the intent to award a sole-source contract to BancLab LLC for specialized financial analysis and credit risk modeling support services for the Railroad Credit Assessment and Portfolio Management (RCAPM) system, which supports the Railroad Rehabilitation and Improvement Financing (RRIF) Program. The government plans to recompete this requirement via full and open competition in the future, with an Industry Day and RFI anticipated in Spring 2026. Responses/comments on this JOFOC are due April 25, 2026.
Purpose & Scope
The RCAPM system is critical for the Build America Bureau's Credit Programs, enabling the generation of loan level subsidy calculations, modification cost analyses, and annual re-estimates for the RRIF Program. The services required involve maintaining and supporting this specialized system.
Contract & Timeline
- Type: Special Notice (Justification for Sole Source)
- Sole Source Awardee: BancLab LLC (intended)
- Future Intent: Recompete via full and open competition
- Future Actions: Industry Day and Request for Information (RFI) planned for Spring 2026
- Response/Comment Due: April 25, 2026, 4:00 PM ET
- Published: March 25, 2026
- Set-Aside: None (Sole Source)
- PSC: B547 - Accounting/Financial Management Studies
- Place of Performance: Washington, DC, United States
Justification for Sole Source
BancLab LLC is identified as the sole source due to their unique qualifications and experience as the original developer of the RCAPM system. They possess the necessary knowledge to maintain and support the system in the short term while the DOT transitions to a new operating environment.
Action for Bidders
This notice is crucial for firms interested in future competitive opportunities related to financial analysis and credit risk modeling for the RRIF Program. Interested parties should monitor SAM.gov for the upcoming Industry Day and RFI in Spring 2026, which will help shape the future competitive solicitation.