The Securities and Exchange Commission (SEC) awarded a firm-fixed-price purchase order to Morningstar Inc., a for-profit organization, for a subscription to comprehensive environmental, social, and governance (ESG) data for domestic and foreign issuers, market indices, mutual funds, and exchange-traded funds. The contract, valued at $1,566,150.00, has an ultimate completion date of March 31, 2028. There is no set-aside designation for this award. Morningstar, a leading provider of independent investment research, has previously supplied specialized financial data, research, and analytics products to federal agencies such as the Department of the Treasury and Department of Labor to support economic analysis, market oversight, investor protection, and regulatory compliance.