Financial Management Oversight (FMO) program FMO2026
Summary
AI-generated · Feb 28, 2026This Sources Sought seeks vendors to provide Financial Management Oversight (FMO) services to perform financial management oversight reviews of grant recipients of varying sizes, as described in the attached Statement of Work. The work supports independent financial assessments and ongoing oversight responsibilities, in line with Congressional direction.
The requirement focuses on verifying that grantees maintain sound financial management systems and adequate internal controls to manage federal funds, and on assisting the recipient community in achieving the financial capacity needed to implement new start projects.
The United States (U.S.) Department of Transportation, Federal Transit Administration (FTA) is seeking vendors to assist with financial management oversight reviews (FMOs) concerning recipients of various sizes as further described in the attached Statement of Work (SOW). FMO services ensure that FTA can continue to discharge its financial management oversight responsibilities. This effort facilitates FTA compliance with Congressional direction to conduct independent financial assessments. FTA is charged with assisting the recipient community in meeting a high level of financial capacity needed to implement new start projects. Further, FTA requires assurances that grantees have sound financial management systems and adequate internal controls to manage the Federal funds.
From Sources Sought posted on Feb 27, 2026Notice history
1Details
Award Information
Not yet awarded
Contacts
Agency
Place of Performance
USA