Fitch ratings subscription
Ended Definitive Contract Awarded Last action
- Contract number
- 2031JW20C00006
- Awardee
-
Fitch Solutions, Inc. UEI FN4NEQWT9A58 Part of The Hearst Corporation
- Awarding agency
-
Office of the Comptroller of the Currency
Department of the Treasury
- Obligated
- $350,496
Award facts
- Opportunity
-
- Fitch Ratings Services Pre-Solicitation · 2031JW20Q00028 · Posted Jan 9, 2020
- Contract value 100% obligated
- $350,496.00 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 519130 Internet Publishing and Broadcasting and Web Search Portals
- Set-aside
- No set-aside
- Competition
- Not Competed · 1 offer Only One Source
- Pricing
- Firm Fixed Price
- Place of performance
- New York, NY 10004, USA
Award details come from SAM.gov/FPDS.
About this award
The Office of the Comptroller of the Currency awarded a $350,496 firm fixed-price definitive contract to Fitch Solutions, Inc. to renew its subscription to Fitch Ratings services. The contract, awarded on January 13, 2020, with an ultimate completion date of January 12, 2021, provides the OCC access to Fitch's comprehensive financial intelligence platform, including credit ratings information for financial institutions, sovereigns, and industries, along with detailed research and ratings reports on banking systems, credit outlooks, and financial products. As a civilian agency within the Department of the Treasury, the OCC relies on this subscription-based service to support its regulatory oversight and risk monitoring functions. The contract was not issued under a small business set-aside designation, despite the originating solicitation indicating a total small business set-aside classification.
Fitch Solutions, Inc., a subsidiary of The Hearst Corporation headquartered in Bowling Green, New York, serves as the prime contractor. The company specializes in providing sophisticated financial data and analytics exclusively through web-based subscription services to federal agencies across multiple departments. This award represents a renewal of Fitch Solutions' existing relationship with the OCC and reflects the government's determination that Fitch's ratings and research products are unique and cannot be obtained from alternative sources, supporting the agency's critical functions in banking regulation and financial stability analysis.
Quick answers
Who was awarded contract 2031JW20C00006?
2031JW20C00006 was awarded to Fitch Solutions, Inc. by Office of the Comptroller of the Currency (Department of the Treasury) on January 13, 2020.
How much is contract 2031JW20C00006 worth?
The government has obligated $350,496 on 2031JW20C00006.
Was contract 2031JW20C00006 competed?
The extent of competition for 2031JW20C00006 was not competed. The government received 1 offer.
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