Factiva business and business information online
Ended Definitive Contract Awarded Last action
- Contract number
- 2031JW21C00002
- Awardee
-
Factiva Inc. UEI H2ZRN5MKNHB3
- Awarding agency
-
Office of the Comptroller of the Currency
Department of the Treasury
- Obligated
- $569,956
Award facts
- Opportunity
-
- Dow Jones DJX/Factiva Pre-Solicitation · 2031JW20Q00116 · Posted Aug 29, 2020
- Contract value 100% obligated
- $569,955.60 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
- Washington, DC 20036, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | -$0 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $123,114 | |
| Exercise an Option | $0 | |
| Exercise an Option | $118,378 | |
| Exercise an Option | $0 | |
| Exercise an Option | $113,824 | |
| Supplemental Agreement for work within scope | $0 | |
| Exercise an Option | $109,430 | |
| Other Administrative Action | $0 | |
| Original award | $105,210 |
Show all 11
About this award
The Office of the Comptroller of the Currency awarded a definitive firm fixed-price contract to Factiva Inc. on October 1, 2020, with a ceiling value of $569,955.60 for a five-year subscription to Factiva's news and business information online platform. The contract extends through September 30, 2025, and was awarded on a sole-source basis without any set-aside designation. Factiva, a division of Dow Jones, will provide the OCC with access to its comprehensive global news database comprising over 33,000 sources, along with customizable alerting and visualization capabilities to support the agency's research, monitoring, and decision-making functions. This was a renewal of an existing subscription, with Factiva identified as the incumbent provider.
Factiva has established a significant presence across federal civilian agencies through its subscription-based information services, with contract awards spanning the Securities and Exchange Commission, Federal Emergency Management Agency, Internal Revenue Service, Department of State, Department of Justice, USAID, and others. The company maintains a substantial $7.5 million indefinite delivery vehicle with the Library of Congress under the Federal Library and Information Network program, which enables federal agencies to procure electronic information resources through task orders. The OCC's subscription will be performed in Washington, DC, and leverages Factiva's established expertise in delivering critical business intelligence and news content to support federal government operations.
Quick answers
Who was awarded contract 2031JW21C00002?
2031JW21C00002 was awarded to Factiva Inc. by Office of the Comptroller of the Currency (Department of the Treasury) on October 1, 2020.
How much is contract 2031JW21C00002 worth?
The government has obligated $569,956 on 2031JW21C00002.
Was contract 2031JW21C00002 competed?
The extent of competition for 2031JW21C00002 was not competed. The government received 1 offer.
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