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Financial Assessment Services for Railroad and Improvement Financing (RRIF) Program Loan Application

Solicitation Number: DTFR53-13-R-00121
Agency: Department of Transportation
Office: Federal Railroad Administration (FRA)
Location: Office of Acquisition and Grants Services
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Presolicitation / Cancelled
Added: Aug 08, 2013 4:24 pm
This is a presolicitation notice of a proposed contract action. The Federal Railroad Administration (FRA) intends to issue a competitive solicitation for a contractor to perform financial assessment services that will assist in determining the creditworthiness of an applicant in a loan application under FRA's "Railroad Rehabilitation Improvement Financing" (RRIF) loan program. The applicant, All Aboard Florida - Operations, LLC, has requested a $632 million RRIF loan to provide new passenger rail intercity service that will connect key cities in Southeast Florida - Miami, Fort Lauderdale, and West Palm Beach. The applicant intends to pursue a separate application for extension of the requested passenger rail service to other cities in Florida at a later time. The services to be provided by the contractor include, evaluating the economic soundness of the project and the creditworthiness of the applicant for credit assistance. The specific evaluation will include analyzing (1) the financial viability of the project, including the plan of finance (capitalization plan) and its assumptions; (2) the financial projections of the borrower and other relevant parties to the overall transaction; (3) the business plan including all projections for revenue, ridership studies, financial modeling, and assessment of future ability to meet all repayment obligations; (4) project risks, including construction risks, the reasonableness of the applicant's revenue and expense forecasts, validation of ridership studies, project schedule and project costs; and (5) cost/benefit analysis regarding the overall cost versus the public benefits derived from the project. FRA anticipates issuance of the competitive solicitation on August 26, 2013.  No telephone requests for the solicitation package will be accepted, and no paper copies will be available.
Added: Aug 22, 2013 2:41 pm
This presolicitation notice is cancelled due to a change in acquisition strategy for this requirement.
Mail Stop 50, West Bldg, 3rd Floor
1200 New Jersey Avenue, SE
Washington, District of Columbia 20590
Corey L. Scott,
Contracting Officer
Phone: 2024936150