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Details - RFP 096-26-015
Adv ID: 32
Procurement #: 096-26-015
Advertised Date: 08/12/2026
Submittal Due Date: 08/31/2026 11:00 AM
Compensation Type: Cost Plus Fixed Fee
Funding Type: Federal, State
Question Deadline: 08/19/2026 11:00 AM
DBE Goal: N/A
Status: Notice of Intent-Pending Negotiations
County(s): Statewide County
Program Officer: Mary Breeden
Notice of Intent: 10/07/2026
Project Title: Project Management Assistance, Risk Analysis and Financial Plans
Background: The Federal Highway Administration (FHWA) and the DEPARTMENT require Major Project Management Plans (MPMP), Finance Plans (FP), and Project Management Plans (NPMP) for projects over $100 million, mandating annual updates. These plans involve a probabilistic risk-based cost and schedule analysis, utilizing a Cost Risk Assessment (CRA) process and Monte Carlo simulations to evaluate risks and create a risk register. For projects under this cost threshold, a similar risk management process is followed, also resulting in annual updates. The selected Proposer will assist the DEPARTMENT in preparing and updating these documents and managing risks for various projects.
Project Scope: The SERVICE PROVIDER will adhere to various guidelines and standards set by NDOT and FHWA while delivering project-specific services to the Nevada Department of Transportation, including financial and risk analysis, value engineering, and reporting. Key tasks involve conducting thorough reviews of project plans and costs, performing Value Engineering analyses as per recognized standards, and preparing comprehensive cost estimates. The SERVICE PROVIDER will produce detailed reports summarizing analyses and recommendations, facilitate training for department staff, and ensure continuous communication with the project team to understand the project's challenges and risks effectively. Deliverables include a range of documentation such as the VE report, cost estimates, and management approvals. See RFP for full Scope of Services.
Project Schedule: Approximately four years from the date the Agreement is executed.