NJ TRANSIT ANNOUNCES OVER $800 MILLION IN UPCOMING CONTRACTING WORK
Agency Hosts Open House for Disadvantaged Business Enterprises and Prime Contractors, First Time in Ten Years
FOR IMMEDIATE RELEASE
March 25, 2019
NJ TRANSIT ANNOUNCES OVER
$800 MILLION IN UPCOMING CONTRACTING WORK
Agency Hosts Open House for Disadvantaged Business Enterprises and Prime Contractors, First Time in Ten Years
NEWARK, NJ — NJ TRANSIT hosted a packed event with prime contractors, small businesses and disadvantaged business enterprises (DBEs) today, showcasing upcoming capital construction projects, and opportunities to connect and do business with the agency. Approximately 150 people attended the event to learn more about over $800 million in contracting opportunities in capital projects that will be available in the upcoming year.
Attendees of the conference heard from NJ TRANSIT Executive Director Kevin Corbett and New Jersey State Diversity Officer Hester Agudosi, who underscored the State’s commitment to rebuilding infrastructure and investing in state-of-good-repair projects, and the commitment to diversify and build capacity in the contracting pool.
“The more qualified firms we have to choose from makes for greater competition, which ultimately improves pricing as well as the overall quality of goods and services,” said NJ TRANSIT Executive Director Kevin Corbett. “Contracting with DBEs is a priority for Governor Murphy and a personal priority for me, and I will make sure we maximize DBE participation on our contracts.”
Attendees were provided information on a recently upgraded Electronic Bidding Process which creates efficiency for contractors and the agency. Highlights included state-of-good repair program and rail infrastructure opportunities, such as Market Street Bus Garage construction at approximately $30 million; and resilience projects, such as the Long Slip Fill and Rail Enhancement Project at more than $150 million and Delco Lead, estimated at more than $200 million, and Task Order Contract Opportunities.
NJ TRANSIT awarded $165 million in FTA funded contracts in 2018 and of that amount $31 million was awarded to DBE firms, representing a DBE achievement of 19% for the year.
The agency has made significant progress in executing contracting dollars in the Murphy Administration. In 2018, NJ TRANSIT awarded more than $264 million in construction and professional service related contracts, compared to $47 million in 2017. Speed to market has increased from 340 days in 2017 for federal procurements to 180 days in 2018.
Additionally, the recent passage of legislation enables NJ TRANSIT to, among other things, conduct cooperative purchasing and make purchases through federal supply schedules. This flexibility has resulted in transformative new draft regulations which will save time and cost and improve speed to market and overall procurement turnaround times.
This is NJ TRANSIT’s first contracting outreach event since the Access to the Region’s Core (ARC) tunnel project was cancelled. Due to an overwhelming response to this event, a second engagement event is already being discussed for Fall 2019.
NJ TRANSIT will make a video from today’s event for all those who were unable to attend which will be available on NJ TRANSIT’s YouTube channel in the near future. Interested parties should contact [email protected].
About NJ TRANSIT
NJ TRANSIT is the nation's largest statewide public transportation system providing more than 925,000 weekday trips on 251 bus routes, three light rail lines, 12 commuter rail lines and through Access Link paratransit service. It is the third largest transit system in the country with 166 rail stations, 62 light rail stations and more than 19,000 bus stops linking major points in New Jersey, New York and Philadelphia.