Department of Transportation, Build America Bureau, Railroad Credit Assessment Portfolio Management (RCAPM) Application RRIF Program RCAPM_2026
Summary
AI-generated · Dec 24, 2025A sole-source contract will be awarded to Banclab LLC to continue the support and maintenance of the Railroad Credit Assessment and Portfolio Management System (RCAPM), which the RRIF program uses to generate loan-level subsidy calculations, modification cost analyses, annual re-estimates, and budget-formulation calculations in accordance with CRA requirements.
This action is justified as a sole-source award under a DOT class deviation, with a six-month base period and options to extend up to a total of two years. Banclab is identified as having the necessary knowledge and experience to maintain RCAPM in the near term while the department transitions to Google and aligns with the OneGov initiative. The notice states that no competitive procurement will be pursued at this time, though capable firms may submit a capabilities statement for consideration. Questions should be directed to the designated program contacts, and interested parties should submit a capabilities statement by the stated deadline.
This is a presolicitation notice of the Government's intent to award a sole source award for the RCAPM Application RRIF Program. The authority for restricting competition in accordance with DOT Class Deviation 2025-23 is FAR 12.102 under 41 U.S.C. 1901 only one source. The Federal Highway Administration (FHWA) intends to solicit from a single source and execute a new sole source contract with Banclab LLC. This contract will continue work currently being performed under 693JJ320P000037 to support and maintain the Railroad Credit Assessment and Portfolio Management System (RCAPM) that supports the Build America Bureau Credit Office's Railroad Rehabilitation and Improvement Financing (RRIF) and assist the office, through the use of this system, in generating loan level subsidy calculations, modification cost analyses, and annual re-estimates, as well as the annual budget formulation calculations in accordance with Federal Credit Reform Act (CRA) requirements. Only Banclab has the required knowledge and experience to support and maintain this system in the short term while the Department of Transportation transitions to Google and aligns its requirement with the OneGov initiative. This sole source award will allow time for the Government to transition this requirement to a competitive requirement in the future. This award is anticipated to have a six month base period with options that could extend up to a total performance period of two years. The intent of this notice is not to request competitive proposals, and any information received from interested parties will only be considered solely for the purpose of determining whether a competitive procurement should be conducted. However, interested parties may submit a description of their firm's capabilities for satisfying this requirement, which demonstrates they possess the ability to successfully perform this effort. The capabilities statement must be submitted by 1/6/2026 to be considered. All questions concerning this matter should be addressed directly to Carolyn Lethert at Carolyn.Lethert@dot.gov. and Khadija Osman at Khadija.Osman@dot.gov.
From Presolicitation posted on Dec 23, 2025Notice history
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Presolicitation LATEST Posted Dec 23, 2025
Details
Award Information
Not yet awarded
Contacts
Agency
Place of Performance
USA