Software licenses
Ended Purchase Order Awarded Last action
- Contract number
- 1333ND24PNB130076
- Awardee
-
Factset Research Systems Inc. UEI W3QBFLPJ5MC9
- Awarding agency
-
National Institute of Standards and Technology
Department of Commerce
- Obligated
- $734,375
Award facts
- Opportunity
-
- National Institute of Standards and Technology (NIST), Financial Information for Public and Private Companies Pre-Solicitation · 1333ND24Q00206 · Posted Sep 13, 2023
- Contract value 100% obligated
- $734,375.00 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 513210 Software Publishers
- PSC
- R799 Support- Management: Other
- Set-aside
- No set-aside
- Competition
- Competed under SAP · 3 offers Simplified Acquisition
- Pricing
- Firm Fixed Price
- Place of performance
- Norwalk, CT 06850, USA
- Legislative mandates
-
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $74,375 | |
| Exercise an Option | $330,000 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $155,000 | |
| Original award | $175,000 |
About this award
The National Institute of Standards and Technology (NIST) awarded a $734,375 firm-fixed-price purchase order to FactSet Research Systems Inc. on February 22, 2024, for software licenses supporting the Department of Commerce's CHIPS Program Office. Under this contract, which extends through August 21, 2026, FactSet will provide access to corporate financial data and research tools for analyzing public and private companies, enabling NIST personnel to conduct financial analysis and risk assessments of grant and loan applicants. The solution includes user-friendly software integrated with Microsoft Excel, with licensing for 20 users in the base period and expandable to 40 users in the option period. No set-aside designation was used for this contract award.
FactSet's selection reflects its established role as a specialized provider of financial data and analytical solutions to federal agencies. The company, headquartered in Norwalk, Connecticut, maintains an extensive portfolio of federal contracts across financial regulatory and oversight agencies, with prior CHIPS Program Office support valued at $660,000. The firm-fixed-price structure and sole-source nature of this award are consistent with FactSet's positioning as the primary federal contractor for proprietary financial databases and enterprise-level analytical platforms, demonstrating sustained government reliance on its specialized capabilities for financial research and risk management functions.
Quick answers
Who was awarded contract 1333ND24PNB130076?
1333ND24PNB130076 was awarded to Factset Research Systems Inc. by National Institute of Standards and Technology (Department of Commerce) on February 22, 2024.
How much is contract 1333ND24PNB130076 worth?
The government has obligated $734,375 on 1333ND24PNB130076.
Was contract 1333ND24PNB130076 competed?
The extent of competition for 1333ND24PNB130076 was competed under sap. The government received 3 offers.
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