The Commodity Futures Trading Commission (CFTC) awarded a single-award, firm fixed price contract to Bloomberg Industry Group, Inc. (doing business as Bloomberg BNA) for BNA online services. The contract has a ceiling value of $50,797.53 and a period of performance from February 1, 2019 to January 31, 2020, with four one-year options to extend.
The contract was awarded on a sole source basis under FAR 6.302-1, as the proprietary online legal research and data services from Bloomberg BNA were determined to be the only source that could meet CFTC's requirements. The services included access to Bloomberg Law, E-Discovery & Legal Tech News, Mergers & Antitrust Law News, Privacy & Data Security, Securities Law News, Financial Accounting, and United States Law Week. This contract does not have a set-aside designation.
Bloomberg BNA is a subsidiary of Bloomberg L.P. that provides commercial information and software solutions to government and public sector clients. The company holds several larger indefinite delivery vehicles with agencies like the Library of Congress, Department of Labor, and Internal Revenue Service, facilitating procurement of its offerings across the federal government.