Financial Management Oversight (FMO) program

The Federal Transit Administration (FTA) has issued this sources sought notice to identify vendors capable of supporting the Financial Management Oversight (FMO) program. The primary objective is to conduct independent financial management oversight reviews of various grant recipients to ensure compliance with Congressional mandates and federal regulations. These services assist the FTA in verifying that grantees maintain sound financial management systems, exercise adequate internal controls over federal funds, and possess the necessary financial capacity to implement new start projects.

This requirement is classified under NAICS code 541611, Administrative Management and General Management Consulting Services, and is designated as a Small Business Administration (SBA) set-aside. The primary place of performance is Washington, DC, under the authority of the FTA Office of Acquisition Management. Two attachments, including a final draft Statement of Work and a Request for Information document, were provided with the notice posted on February 27, 2026.

Responses to solicitation number FMO2026 are due by March 13, 2026. Interested parties may reference the provided documentation for details regarding the scope of independent financial assessments and recipient oversight. Tennile Palmer is the designated point of contact for this market research effort.