According to Billboard.com Yes:
Chilli from TLC revealed that the group is looking to release a new album. Interestingly enough, the reality star revealed that B.o.B is on their radar as a guest feature. The singer stated, “He is great musically and lyrically.” The upcoming project will be the former trio’s first effort since group member Lisa “Left Eye” Lopez passed away April 25th, 2002. Since then, Chilli and T-Boz have continued to tour and honor Lisa’s memory.