Bloomberg professional terminals for OFR

Ended Purchase Order Awarded Last action

Contract number
TDOOFR16F0003
Awardee
Awarding agency
Obligated
$975,514

Award facts

Opportunity
Contract value 29% obligated
$3,383,006.13 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
Funding agency
Departmental Offices Department of the Treasury
Set-aside
No set-aside
Competition
1 offer Only One Source
Pricing
Firm Fixed Price
Place of performance
Washington, DC 20005, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00010 · Bloomberg professional terminals for the office of financial research (OFR) - deobligation -$12,686
Other Administrative Action P00009 -$129,259
Funding Only Action P00008 $246,250
Exercise an Option 7 $641,674
Exercise an Option 6 $581,940
Other Administrative Action 5 $0
Funding Only Action 4 -$260,375
Exercise an Option 3 $558,662
Other Administrative Action 2 $0
Exercise an Option 1 $768,600
Other Administrative Action 500 $0
Original award $988,200
Show all 12

About this award

This purchase order, awarded to Bloomberg Finance LP on December 14, 2015, provided Bloomberg Professional Terminals for the Office of Financial Research (OFR) within the Department of the Treasury's Departmental Offices. The contract was structured as a firm fixed-price purchase order with no set-aside designation, indicating full and open competition. The ultimate completion date was April 29, 2023, with a ceiling value of $3.38 million. Bloomberg Finance LP, a subsidiary of Bloomberg LP, is a global financial technology and media company specializing in real-time financial market data, analytics, and trading capabilities through its proprietary Bloomberg Terminal platform. Performance was conducted at Bloomberg's location in Washington, DC.

The award note references a "deobligation," indicating that funds were subsequently released or de-obligated from this contract. The OFR, established by the Dodd-Frank Act, utilizes advanced financial analytics and market monitoring tools to assess risks to financial stability. Bloomberg's Terminal platform provides the sophisticated data, news, and analytics capabilities essential to support OFR's mission of conducting research and financial surveillance across U.S. and global markets. Bloomberg Finance LP has maintained an extensive portfolio of federal contract awards exceeding $50 million in aggregate value, serving multiple agencies including the Treasury, Department of Energy, Department of Commerce, and others, with contract values ranging from approximately $26,000 to over $19.7 million.

Quick answers

Who was awarded contract TDOOFR16F0003?

TDOOFR16F0003 was awarded to Bloomberg Finance LP by Bureau of the Fiscal Service (Department of the Treasury) on December 14, 2015.

How much is contract TDOOFR16F0003 worth?

The government has obligated $975,514 on TDOOFR16F0003. Its current value, with exercised options, is $3,383,006.

Which agency awarded contract TDOOFR16F0003?

Bureau of the Fiscal Service (Department of the Treasury) awarded TDOOFR16F0003, with funding from Departmental Offices (Department of the Treasury).

Was contract TDOOFR16F0003 competed?

The government received 1 offer.

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