Frequently Asked Questions

Are purchase cards allowed by FTA?

There is no FTA prohibition on the use of purchase cards. FTA...

Frequently Asked Questions

I have been asked to evaluate a Summary Record of Negotiation and need to know where to find guidance on reviewing Records of Negotiation.

The topic of documenting...

Frequently Asked Questions

Our agency has the opportunity to purchase a used crane to be owned by us and used by our contract operator in conjunction with several projects yet to be identified....

Frequently Asked Questions

Is there a federal requirement that agencies must keep the original records for the life of an asset if the purchase price is $5,000 or greater?

The FTA Circular dealing with...

Frequently Asked Questions

We advertised for the purchase of various types of buses. The total quantity was 350, but this quantity was not specific to any particular type or size of bus. After receipt of...

Frequently Asked Questions

We are sub-contractors who worked for a company last year that held 10% retainage out of our check every week. We have worked for many of these companies and they routinely retain...

Frequently Asked Questions

A question was asked in a preproposal meeting regarding how we wanted a quote submitted. This was included in the notes in addendum form. One vendor complied with the response and...

Frequently Asked Questions

What requirements govern a transit property signing a lease agreement for a park and ride, and purchasing a right of way for rail development? What are the documentation...

Frequently Asked Questions

What are the responsibilities/role of a Contract Administrator?

FTA Circular 4220.1F...

Frequently Asked Questions

Is there a clause to be used by contractors referred to as a cost escalator, to factor in materials increases during the term of the contract? If so, where could I find the standard...