Vehicle Residual Forecasting
ID: 47QMCA24Q0038Type: Combined Synopsis/Solicitation
Overview

Buyer

GENERAL SERVICES ADMINISTRATIONFEDERAL ACQUISITION SERVICEGSA/FAS AUTOMOTIVE CENTERWASHINGTON, DC, 20405, USA

NAICS

Software Publishers (513210)

PSC

SUPPORT- MANAGEMENT: FINANCIAL (R710)
Timeline
    Description

    The General Services Administration (GSA) is seeking a contractor to provide a commercially available off-the-shelf (COTS) vehicle residual forecasting module to assist in calculating depreciation expenses for newly acquired vehicles in its fleet. The procurement aims to automate the nightly transfer of vehicle data and deliver location-specific residual value forecasts in 12-month increments for various vehicle types, including passenger and commercial vehicles, while also accommodating surge requests for recalculations and providing ad hoc reporting services. This initiative is crucial for GSA Fleet's management strategies, as it will help reduce overall vehicle-related costs and inform both short-term sales proceeds forecasting and long-term vehicle replacement decisions. Interested parties can contact Leresa Garrett at Leresa.garrett@gsa.gov or Charlene Cardenas at charlene.cardenas@gsa.gov for further details, with the contract expected to span from March 2025 to March 2030.

    Point(s) of Contact
    Cardenas, Charlene
    charlene.cardenas@gsa.gov
    Files
    Title
    Posted
    The document outlines Solicitation No. 47QMCA24Q0038, which pertains to Vehicle Residual Forecasting and includes a matrix of questions from potential offerors. The content presents a structured Q&A format addressing various inquiries related to the scope of work (SOW) and other relevant sections. Each question is systematically numbered, indicating that offerors have submitted specific topics for clarification regarding the solicitation process. The matrix serves as a critical communication tool for stakeholders involved in the bidding process, ensuring transparency and understanding of the project requirements. Overall, the document signifies a methodical approach to engaging with potential contractors, emphasizing the importance of clear guidelines and expectations as part of federal procurement procedures.
    The U.S. General Services Administration (GSA) issued Solicitation Number 47QMCA24Q0038 for projected residual values of vehicles, spanning a base year and four option years. This Request for Quotation (RFQ) seeks commercial services, specifically third-party forecasts that will inform GSA’s vehicle depreciation and management strategies. GSA Fleet manages a large federal fleet and requires a contractor to automate the nightly data transfer of vehicle information and provide location-specific residual value forecasts in 12-month increments for a variety of vehicles, including passenger and commercial types. The contractor must also accommodate surge requests for periodic recalculations and provide ad hoc reporting services for individual vehicles. Deliverables must be submitted electronically within three business days, ensuring compliance with IT security and accessibility standards. The contract is categorized under NAICS code 513210 and aims to aid GSA in reducing overall vehicle-related costs through accurate forecasting. The successful contractor will help achieve both short-term sales proceeds forecasting and long-term vehicle replacement decisions, emphasizing transparency and adherence to federal regulations throughout the contract's duration from March 2025 to March 2030.
    Lifecycle
    Title
    Type
    Combined Synopsis/Solicitation
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