Quantitative Research Analytical Data Support (QRADS)

The Quantitative Research Analytical Data Support (QRADS) Master Indefinite Delivery/Indefinite Quantity (IDIQ) contract was awarded by the Securities and Exchange Commission (SEC) to support the Division of Economic and Risk Analysis (DERA). The contract encompasses five primary work categories: Capital Markets and Financial Industry Data Analysis, Quantitative Analytical Support, Analytic Development Environment Database Support, Communication and Technical Writing Support, and Text Analytics Support. Task orders under this vehicle focus on advanced data analysis, modeling, and technical support services primarily for the SEC's research and analytical needs.

The task orders demonstrate a consistent pattern of Time and Materials contracts, with values ranging from near-zero minimum guarantee orders to multiple million-dollar task orders. Typical task order values range between $500,000 and $4,000,000, with durations typically spanning 12-18 months. Elder Research, Inc. was notably identified as a prime contractor, having been awarded at least one significant delivery order under this vehicle. No specific set-aside designations were used across the task orders, indicating open competition. The task orders cover diverse analytical functions including options data analysis, dashboard reporting, database maintenance, technical writing, and text analytics for financial filing systems such as XBRL and municipal filings.