CCH vitallaw banking and consumer finance law subscription
Active Purchase Order Awarded Last action
- Contract number
- 2031JW25P00004
- Awardee
-
CCH Incorporated UEI RLPXK3FU7DF6
- Awarding agency
-
Office of the Comptroller of the Currency
Department of the Treasury
- Obligated
- $263,461
Award facts
- Opportunity
-
- Notice of Intent to Sole Source - CCH VitalLaw Banking and Consumer Finance Law Subscription Special Notice · 2031JW25Q00017 · Posted Nov 20, 2024
- Contract value 36% obligated
-
- $263,461.00 Current, with exercised options
- $731,935.00 Potential, with all options
- Completion date 36% complete
-
- Current, with exercised options
- Potential, with all options
- Contracting staff
- NAICS code
- 513210 Software Publishers
- Set-aside
- No set-aside
- Competition
- Not Competed · 1 offer Only One Source
- Pricing
- Firm Fixed Price
- Place of performance
- Riverwoods, IL 60015, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $136,185 | |
| Original award | $127,276 |
About this award
The Office of the Comptroller of the Currency awarded a sole-source contract to CCH Incorporated, a subsidiary of Wolters Kluwer, for the CCH VitalLaw Banking and Consumer Finance Law Subscription. This firm fixed-price purchase order, valued at $731,935, was awarded on January 1, 2025, with a completion date of December 31, 2029. The contract represents the exercise of the first option period (CLIN 1001) and will provide the OCC with comprehensive access to CCH's VitalLaw platform, an online legal research database covering federal banking law, compliance guidance, securities reporting requirements, and state-level banking information. The OCC determined that CCH Incorporated was the only vendor capable of meeting its specialized requirements for this banking and consumer finance legal content, justifying the sole-source procurement approach under simplified acquisition procedures.
The contract carries no set-aside designation and will be performed at CCH Incorporated's headquarters in Riverwoods, Illinois. As a significant information resource provider to federal agencies, CCH Incorporated has an established track record delivering specialized legal research databases, regulatory reference materials, and compliance tools to numerous government entities including the Internal Revenue Service, Department of Justice, and Securities and Exchange Commission. This contract supports the OCC's regulatory and supervisory mission by ensuring agency personnel have access to current, authoritative legal and compliance resources necessary for banking regulation and consumer protection oversight.
Quick answers
Who was awarded contract 2031JW25P00004?
2031JW25P00004 was awarded to CCH Incorporated by Office of the Comptroller of the Currency (Department of the Treasury) on January 1, 2025.
How much is contract 2031JW25P00004 worth?
The government has obligated $263,461 on 2031JW25P00004. Its potential value, with all options, is $731,935.
Was contract 2031JW25P00004 competed?
The extent of competition for 2031JW25P00004 was not competed. The government received 1 offer.
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