Acquire a new award to purchase subscription products: babelx and locatex, from the vendor babel street, for the office of foreign assets control (OFAC).
Ended Definitive Contract Awarded Last action
- Contract number
- 2032H321C00020
- Awardee
-
Babel Street, Inc. UEI NRLXS9YMBJN5
- Awarding agency
-
Departmental Offices
Department of the Treasury
- Obligated
- $121,816
Award facts
- Opportunity
-
- Notice of Intent to Issue Sole Source Award- Reonomy Commercial Database for foreign investments Special Notice · 2032H321Q00066 · Posted Jan 26, 2021
- Notice of Intent to Issue Sole Source to Babel Street, Inc. Special Notice · Posted Jun 11, 2021
- Contract value 79% obligated
-
- $121,816.00 Current, with exercised options
- $154,982.00 Potential, with all options
- Completion date 100% complete
-
- Current, with exercised options
- Potential, with all options
- Contracting staff
- NAICS code
- 511210 Software Publishers
- Set-aside
- No set-aside
- Competition
- Not Competed under SAP · 1 offer Simplified Acquisition
- Pricing
- Firm Fixed Price
- Place of performance
- Washington, DC 20220, USA
- Legislative mandates
-
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Exercise an Option | $32,044 | |
| Exercise an Option | $30,960 | |
| Exercise an Option | $29,912 | |
| Original award | $28,900 |
About this award
This is a $154,982.00 firm fixed-price definitive contract awarded by the Department of the Treasury's Departmental Offices to Babel Street, Inc., a data analytics company, to provide subscription access to the BabelX and LocateX products. The contract supports the mission of the Office of Foreign Assets Control (OFAC) and has a period of performance ending on July 14, 2026. The contract was awarded on July 15, 2021, and was not set aside for any small business category. The original solicitation was a Special Notice posted by the Internal Revenue Service to sole source the procurement of Reonomy's real estate database to the Committee on Foreign Investment in the United States (CFIUS) for mission-critical needs. This contract demonstrates Babel Street's ongoing relationship with various federal agencies in providing critical data analytics capabilities for national security purposes.
Quick answers
Who was awarded contract 2032H321C00020?
2032H321C00020 was awarded to Babel Street, Inc. by Departmental Offices (Department of the Treasury) on July 15, 2021.
How much is contract 2032H321C00020 worth?
The government has obligated $121,816 on 2032H321C00020. Its potential value, with all options, is $154,982.
Was contract 2032H321C00020 competed?
The extent of competition for 2032H321C00020 was not competed under sap. The government received 1 offer.
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