HOW DOES RTA BUY?
The RTA is a political subdivision of the State of Ohio and must adhere to the Ohio Revised Code. The Ohio Revised Code (Section 306.43) requires RTA under certain instances to purchase items valued over $25,000 through a formal competitive bidding process. Bid announcements for these purchases are advertised in local newspapers of general circulation for two consecutive weeks. The announcements may appear in the Dayton Daily News, The Dayton Weekly, and the Passenger Transport, the transit industry trade newspaper. Bid announcements normally appear as a Request for Proposal (RFP) or an Invitation for Bid (IFB). Another form of solicitation that is non-published occurs in the Request for Quotation (RFQ). The RFQ generally results in awards where the anticipated value is less than $25,000. The RTA receives federal and state funding for most expenditures and must adhere to the regulations set forth by the Department of Transportation, Federal Transit Administration and the Ohio Revised C
