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, Build America Bureau, specifically the Federal Highway Administration (FHWA), has issued a Special Notice for a Justification for Other Than Full and Open Competition (JOFOC). This notice details 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 RCAPM system is critical for loan level subsidy calculations, modification cost analyses, and annual re-estimates. 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.
Scope of Work
The required services include:
- Maintenance, testing, and deployment of RCAPM production and staging environments.
- Ensuring error-free operation of RCAPM modules (CRA, Re-estimate, Budget Formulation, Modification, Loan Management) and providing technical support.
- Updating RCAPM credit-subsidy modules and supporting the Loan Management System.
- Developing and conducting training for Bureau personnel on the RCAPM system.
- Providing modeling support, including complex subsidy calculations and scenario analysis.
- Supporting budget formulation, re-estimates, and loan management.
- Providing ongoing RRIF Program support, including financial reporting and data preparation.
Contract & Timeline
- Type: Special Notice (Justification for Sole Source Award)
- Product/Service Code: B547 (Accounting/Financial Management Studies)
- Set-Aside: None (Sole Source Justification)
- Response Date: April 25, 2026, 4:00 PM ET
- Published: March 26, 2026, 3:05 PM ET
- Duration: Services are for an estimated 23-month period.
Additional Notes
Market research indicated no other commercially available solution or vendor capable of providing the required functionality without extensive customization and delay. BancLab LLC is uniquely qualified as they built the RCAPM system and possess critical knowledge for its maintenance and support. The government intends to conduct an Industry Day and issue an RFI in spring 2026, with a future full and open competition for these services.