Access to bloomberg professional anywhere and open licenses
Active Definitive Contract Awarded Last action
- Contract number
- 50310223C0055
- Awardee
-
Bloomberg Finance LP UEI PFDZJZ15N3R1 Part of Bloomberg LP
- Awarding agency
-
Securities and Exchange Commission
- Obligated
- $13,818,860
Award facts
- Opportunity
-
- Notification of the SEC's Intent to Award a Sole Source Contract to Bloomberg Finance L. P. Special Notice · 50310223R0008 · Posted Feb 17, 2023
- Contract value 74% obligated
-
- $13,818,860.00 Current, with exercised options
- $18,727,861.62 Potential, with all options
- Completion date 69% complete
-
- Current, with exercised options
- Potential, with all options
- Contracting staff
- NAICS code
- 519290 Web Search Portals and All Other Information Services
- PSC
- 7H20 It And Telecom - Platform Products: Database, Mainframe, Middleware (Hw, Perpetual License Software)
- Set-aside
- No set-aside
- Competition
- Not Competed · 1 offer Only One Source
- Pricing
- Firm Fixed Price
- Place of performance
- Washington, DC 20549, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $3,273,040 | |
| Other Administrative Action | $0 | |
| Terminate for Convenience | -$75,350 | |
| Exercise an Option | $3,363,340 | |
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $3,442,855 | |
| Original award | $3,814,975 |
About this award
The Securities and Exchange Commission awarded a definitive contract to Bloomberg Finance LP for access to Bloomberg Professional services and open licenses on June 1, 2023, under a sole-source justification (FAR 6.302-1), with a ceiling value of $18,727,861.62.
The SEC determined that Bloomberg Finance LP is the only contractor that can reasonably meet the requirement for a commercial interactive information system delivering real-time and historical domestic and international financial data. The originating solicitation, posted as a Special Notice on February 17, 2023, cited Bloomberg's unique aggregated financial data, news service, and analytical platform as the sole source meeting specified requirements. Place of performance is Washington, DC 20549.
The contract is firm fixed-price with an ultimate completion date of May 31, 2028, structured as a one-year base period with four optional one-year extensions.
Quick answers
Who was awarded contract 50310223C0055?
50310223C0055 was awarded to Bloomberg Finance LP by Securities and Exchange Commission on June 1, 2023.
How much is contract 50310223C0055 worth?
The government has obligated $13,818,860 on 50310223C0055. Its potential value, with all options, is $18,727,862.
Was contract 50310223C0055 competed?
The extent of competition for 50310223C0055 was not competed. The government received 1 offer.
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