Transit Asset Management Plan Development Service
Overview
Fit Score
Settle Intelligence
Settle helps teams find, evaluate, and respond to public RFPs. We continuously surface new opportunities, score them against your company strengths, and draft proposal responses so you can focus on the work that wins business.
SUMMARY
KEY REQUIREMENTS
BUDGET
EstimateCONTRACT DURATION
TIMELINE
RFP Posted: May 1st, 2026
Pre-Proposal Conference: May 12th, 2026
Questions Due: May 14th, 2026
Q&A Posted: May 18th, 2026
Proposal Due By: June 1st, 2026
QUESTION DEADLINE
Issuing Agency
Memphis Area Transit Authority
Organization overview and procurement intelligence available on paid plans.
DESCRIPTION
The government authority in Memphis, Tennessee is seeking a qualified vendor to develop a comprehensive and compliant Transit Asset Management (TAM) plan that aligns with the organization's strategic objectives. The contractor will be responsible for creating decision support tools for capital asset investment prioritization and projecting capital needs over time.
The project includes the development of a Business Intelligence dashboard to monitor asset inventory, condition distribution, TAM performance measures, and scenario planning. The selected vendor will assess and evaluate the current asset management practices, establish a detailed asset register and hierarchy, and conduct thorough asset condition assessments using fundamental performance metrics. The TAM plan will drive data-driven performance targets, lifecycle management strategies, risk-based prioritization, and investment recommendations.
Additionally, the vendor will translate asset condition assessments, identified performance needs, and budget scenarios into structured capital and maintenance funding priorities. This will inform both internal decision-making and external funding requests, supporting long-term asset stewardship and effective resource allocation for the agency.
Source attribution
This Settle analysis is based on the issuing organization’s public RFP listing.