Education, training, employment, & social svcs r & d svcs education svcs r & d basic research
Ended Purchase Order Awarded Last action
- Contract number
- 1331L522P13OS0078
- Awardee
-
Financial Times Limited(The) UEI MS65WL9QL8F5
- Awarding agency
-
Office of the Secretary
Department of Commerce
- Obligated
- $925,186
Award facts
- Contract value 63% obligated
-
- $925,186.00 Current, with exercised options
- $1,464,508.00 Potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 511120 Periodical Publishers
- PSC
- AF11 Education, Training, Employment, & Social Svcs R&D Svcs; Education Svcs R&D; Basic Research
- Set-aside
- No set-aside
- Competition
- Not Competed under SAP · 1 offer Simplified Acquisition
- Pricing
- Firm Fixed Price
- Place of performance
- Washington, DC 20230, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | $135,308 | |
| Exercise an Option | $276,238 | |
| Exercise an Option | $263,084 | |
| Original award | $250,556 |
About this award
The Office of the Secretary, a civilian agency within the Department of Education, awarded a $1.46 million firm fixed-price purchase order to Financial Times Limited on September 19, 2022, with an ultimate completion date of March 18, 2026. This contract, which carries no small business set-aside designation, procures digital subscription and database access services to FT.com and specialized Financial Times databases for government use in Washington, DC. Financial Times Limited, a London-headquartered media and information services company, provides premium financial news, analysis, and data services that support federal agencies' policy analysis, economic research, and strategic decision-making functions.
The contract represents Financial Times Limited's ongoing provision of digital intelligence and business reporting capabilities to U.S. federal civilian agencies. Similar to its established relationships with agencies including the Securities and Exchange Commission, Department of Treasury, Department of State, and International Trade Commission, this purchase order provides enterprise-wide access to Financial Times' proprietary content and analytical tools. The firm fixed-price structure and sole-source nature of the award reflect the specialized and proprietary character of the vendor's financial news and data services, which are critical resources for government officials conducting economic analysis and maintaining financial intelligence across multiple departments and agencies.
Quick answers
Who was awarded contract 1331L522P13OS0078?
1331L522P13OS0078 was awarded to Financial Times Limited(The) by Office of the Secretary (Department of Commerce) on September 19, 2022.
How much is contract 1331L522P13OS0078 worth?
The government has obligated $925,186 on 1331L522P13OS0078. Its potential value, with all options, is $1,464,508.
Was contract 1331L522P13OS0078 competed?
The extent of competition for 1331L522P13OS0078 was not competed under sap. The government received 1 offer.
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