Specifications include, but are not limited to: The CONSULTANT may be asked to assist with the following task areas: Policy and Regulatory - The M2 Ordinance, which defines and regulates how the M2 sales tax proceeds can be spent, was approved by the OCTA Board of Directors (Board) on July 24, 2006. OCTA, as well as local jurisdictions that receive M2 funding, must comply with the M2 Ordinance. Additionally, M2 projects and programs may need to comply with federal and/or state regulations if the respective funding is programmed. PMO may need analytical support services to evaluate and make recommendations for improvements and protocol consistency, internal and external processes, and procedures to ensure M2 Ordinance, state, and federal compliance. This may include the review/update/development of guidelines and best practice reports. Risk Management - To ensure the successful delivery of the M2 program, the PMO monitors risks that may impact M2 delivery. These risks are reviewed and updated by the PMO in the M2 Next 10 Delivery Plan (Next 10 Plan), with updates included in M2 quarterly reports. The Next 10 Plan utilizes a highlevel cash flow that incorporates projected revenues and expenditures, which outlines the projects and programs for all modes, mainly focusing on a ten-year delivery time frame. Risks such market conditions, labor availability, and regulatory changes, may affect OCTA’s ability to deliver M2. Staff may need assistance in reviewing M2 program risks to ensure OCTA is able to deliver on voter promises. Additionally, the PMO will generally compile project status reports on schedule and budget information to accurately answer questions on project delivery and costs or M2 accomplishments. CONSULTANT services may be needed to assist, evaluate, and analyze M2 programs and projects...