American banker subscription exercise option year four (4) subject to availability of funds
Active Definitive Contract Awarded Last action
- Contract number
- 2031JW23C00007
- Awardee
-
Source Media LLC UEI K7M4NYBUY3M8
- Awarding agency
-
Office of the Comptroller of the Currency
Department of the Treasury
- Obligated
- $1,077,531
Award facts
- Opportunity
-
- American Banker Subscription Pre-Solicitation · 2031JW22Q00146 · Posted Aug 15, 2022
- Contract value 78% obligated
- $1,381,407.81 Current and potential, with all options
- Completion date 82% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 513110 Newspaper Publishers
- Set-aside
- No set-aside
- Competition
- Not Competed under SAP · 1 offer Simplified Acquisition
- Pricing
- Firm Fixed Price
- Place of performance
- New York, NY 10004, USA
- Legislative mandates
-
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $0 | |
| Funding Only Action | $289,406 | |
| Exercise an Option | $0 | |
| Funding Only Action | $275,625 | |
| Exercise an Option | $0 | |
| Exercise an Option | $262,500 | |
| Exercise an Option | $0 | |
| Original award | $250,000 |
About this award
The Office of the Comptroller of the Currency awarded a definitive contract to Source Media LLC for American Banker subscription services on October 1, 2022, with a ceiling value of $1,381,407.81 under a sole-source justification.
The originating pre-solicitation notice states that American Banker provides unique analysis and daily reporting on the banking and financial industry required to support the OCC's regulatory mission, and that Source Media is the only responsible source able to meet this need. Place of performance is New York, NY. The contract covers subscription renewal through the ultimate completion date of September 30, 2027, and is priced as firm fixed price. The award includes exercise of option year four subject to availability of funds.
Quick answers
Who was awarded contract 2031JW23C00007?
2031JW23C00007 was awarded to Source Media LLC by Office of the Comptroller of the Currency (Department of the Treasury) on October 1, 2022.
How much is contract 2031JW23C00007 worth?
The government has obligated $1,077,531 on 2031JW23C00007. Its current value, with exercised options, is $1,381,408.
Was contract 2031JW23C00007 competed?
The extent of competition for 2031JW23C00007 was not competed under sap. The government received 1 offer.
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