Opportunity
New York State Contract Reporter #0000016215
MTA Seeks Financial and Business Advisory Services for Interborough Express Project (IBX)
Posted
April 07, 2026
Respond By
May 21, 2026
Identifier
0000016215
NAICS
541618
The Metropolitan Transportation Authority (MTA) - NYC Transit (NYCT) is seeking expert financial and business advisory services for the Interborough Express Project (IBX), a planned fixed-guideway light rail line connecting Brooklyn and Queens. - Government Buyer: - Metropolitan Transportation Authority (MTA) - Sub-agency: NYC Transit (NYCT) - Office: MTA HQ - No specific Original Equipment Manufacturers (OEMs) or product vendors are named; this is a professional services solicitation. - Services Requested: - Comprehensive financial and business analytical advisory services for the IBX Project - Application of industry best practices to ensure effective use of public funds - Risk minimization and value maximization for the project - Enhancement of service quality and reliability for riders - Contract Details: - Estimated value: $1 million to $5 million - 100% federally funded - Initial term of two years, with two one-year renewal options (up to four years total) - Notable Requirements: - Bidders must register through the MTA Vendor Portal and obtain an MTA Bidder/Supplier Number - No products or equipment are being procured; focus is exclusively on professional advisory services.
Description
The Metropolitan Transportation Authority (MTA) is seeking a qualified financial advisory firm to provide expert financial and business analytical advisory services for the Interborough Express Project (IBX), a planned fixed-guideway light rail line connecting Brooklyn and Queens. The consultant will help apply industry best practices to ensure effective use of public funds, minimize project risks, and maximize investment value. The project aims to enhance service quality and reliability while achieving fiscal responsibility and operational excellence. The contract term is two years with two one-year renewal options, and funding is 100% federal, ranging from $1 million to $5 million.