Thesys cross-market intelligence

Active Definitive Contract Awarded Last action

Contract number
20341524C00008
Awardee
Awarding agency
Obligated
$275,781

Award facts

Opportunity
Contract value 67% obligated
  • $275,781.00 Current, with exercised options
  • $409,425.60 Potential, with all options
Completion date 62% complete
  • Current, with exercised options
  • Potential, with all options
Set-aside
No set-aside
Competition
Not Competed · 1 offer Only One Source
Pricing
Firm Fixed Price
Place of performance
New York, NY 10001, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Transfer Action A00001 $0
Other Administrative Action P00003 · Thesys cross- market intelligence - incorporate clause 52.222-90 and contracting officer representative change $0
Exercise an Option P00002 · Thesys cross- market intelligence- exercise option period 2 $96,447
Exercise an Option P00001 $91,854
Original award $87,480

About this award

Departmental Offices awarded a firm-fixed-price definitive contract to Refinitiv US LLC on May 14, 2024, for THESYS cross-market financial intelligence data, with a ceiling of $409,425.60 and an ultimate completion date of May 13, 2028. The originating Special Notice, published by the Bureau of Fiscal Service on behalf of the Office of Financial Research, stated intent to make a sole source award to MayStreet Inc. for a Thesys dataset, so the award to Refinitiv departs from the noticed sole-source action. No set-aside was used, and place of performance is New York, NY 10001.

The Special Notice, posted March 4, 2024, with responses due March 11, 2024, described a dataset of high-frequency financial data, including all transaction details and real-time market information captured from co-located facilities. It also required bulk downloads of financial and credit information on thousands of firms in a given sector and historical data from 2007 to 2015. The stated purpose was research into linkages between financial assets traded in different markets and review of trade credit networks among industrial firms. Interested contractors were required to demonstrate that their product met all described characteristics, provide company details, indicate availability through a government contract, and submit a five-page capabilities statement.

Quick answers

Who was awarded contract 20341524C00008?

20341524C00008 was awarded to Refinitiv US LLC by Departmental Offices (Department of the Treasury) on May 14, 2024.

How much is contract 20341524C00008 worth?

The government has obligated $275,781 on 20341524C00008. Its potential value, with all options, is $409,426.

Was contract 20341524C00008 competed?

The extent of competition for 20341524C00008 was not competed. The government received 1 offer.

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