The Federal Transit Administration announced last week the Pilot Program for Nonprofit Cooperative Procurements and is accepting expressions of interest from eligible nonprofit entities to participate. The pilot program aims to demonstrate the effectiveness of cooperative procurement contracts for transit rolling stock and related equipment administered by nonprofit entities.
The FTA announced the Pilot Program for Nonprofit Cooperative Procurements and is accepting expressions of interest from eligible nonprofit entities to participate. An announcement appeared in the Federal Register includes program eligibility requirements and criteria FTA will use to select nonprofit entities to participate. The pilot program aims to demonstrate the effectiveness of cooperative procurement contracts for transit rolling stock and related equipment administered by nonprofit entities.
The program is designed to address the high purchasing costs attributable to the relatively small size of the procurements for rolling stock and related equipment, particularly for small urban and rural public transportation providers. Expressions of interest must be received by October 23, 2017. FTA expects to announce selections later this year.
