Bloomberg subscription

Ended Awarded Last action

Contract number
70VT1520F00006
Awardee
Awarding agency
Obligated
$140,649

Award facts

Contract value 76% obligated
  • $140,648.54 Current, with exercised options
  • $186,088.94 Potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
NAICS code
519190 All Other Information Services
Set-aside
No set-aside
Competition
Full and Open Competition Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
Washington, DC 20002, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out P00006 -$273
Exercise an Option P00005 $30,679
Exercise an Option P00004 $26,216
Other Administrative Action P00003 $0
Exercise an Option P00002 $42,013
Other Administrative Action P00001 $0
Original award $42,013

About this award

This federal contract award is for a Bloomberg subscription valued at $186,088.94. The contract was awarded by the Office of the Inspector General (OIG), a civilian agency, to the prime contractor Bloomberg Finance LP, a subsidiary of Bloomberg LP. The contract is a firm-fixed-price delivery order with a performance period through November 2024.

The contract provides access to Bloomberg's financial data, analytics, news, and software platforms to support various government functions like market oversight, economic analysis, intelligence operations, and regulatory compliance. This includes real-time financial market data, news, and trading capabilities through the Bloomberg Terminal, as well as Bloomberg Anywhere licenses for web-based access. The contract does not have a set-aside designation.

Bloomberg LP, the parent company, has a significant presence in the federal market, providing similar financial data and software services to agencies like the Departments of State, Commerce, Homeland Security, and others through prime contracts and subcontracts valued at over $50 million.

Quick answers

Who was awarded contract 70VT1520F00006?

70VT1520F00006 was awarded to Bloomberg Finance LP by Office of the Inspector General (Department of Homeland Security) on April 6, 2020.

How much is contract 70VT1520F00006 worth?

The government has obligated $140,649 on 70VT1520F00006. Its potential value, with all options, is $186,089.

Is contract 70VT1520F00006 an order under another contract?

Yes. 70VT1520F00006 is a delivery order under LC14C7151, an indefinite delivery contract.

Was contract 70VT1520F00006 competed?

The extent of competition for 70VT1520F00006 was full and open competition.

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