Market Survey - Economic Forecasting Services
ID: 697DCK-25-EF-RFIType: Sources Sought
Overview

Buyer

TRANSPORTATION, DEPARTMENT OFFEDERAL AVIATION ADMINISTRATION693KA8 SYSTEM OPERATIONS CONTRACTSWASHINGTON, DC, 20591, USA

NAICS

Administrative Management and General Management Consulting Services (541611)

PSC

IT AND TELECOM - BUSINESS APPLICATION/APPLICATION DEVELOPMENT SOFTWARE AS A SERVICE (DA10)
Timeline
    Description

    The Federal Aviation Administration (FAA) is conducting a market survey to identify potential sources for Economic Consulting Services focused on Regulatory Analysis and Policy Support. The FAA requires subscription-based economic forecasting services to analyze aviation activity, regulatory assessments, and financial evaluations for the aviation trust fund, utilizing econometric models and historical data over a 15-year horizon. These services are crucial for optimizing procurement efficiency and resource allocation through informed economic analysis. Interested vendors must submit their capability statements by 2:00 PM (Eastern Time) on January 30, 2025, and can direct inquiries to Stephen Young at stephen.young@faa.gov or (404) 305-5712.

    Point(s) of Contact
    Files
    Title
    Posted
    The Federal Aviation Administration (FAA) Office of Aviation Policy and Plans seeks economic forecasting services to optimize planning and analysis regarding aviation activity, regulatory assessments, and financial evaluations for the aviation trust fund. The requirement includes historical and future economic data over a 15-year horizon focusing on various cost factors. The contractor is tasked with providing subscription-based economic services that include forecasts for developed and developing economies, and detailed U.S. economic indicators. Specific tasks include generating medium-term and long-term economic outlook reports, providing access to key databases, and offering client support with access to senior staff. Additionally, the contractor will create alternate economic scenarios on request, specifically for regional services, to support FAA planning efforts. Deliverables include a range of forecast reports and ongoing access to economic data. This initiative aims to enhance procurement efficiency and resource allocation through informed economic analysis, underlining the FAA's commitment to utilizing data-driven approaches in strategic decision-making.
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