Redacted_JFOC._Redacted.pdf

Treasury Standard Form – 1013 (Rev 12/15)

Prescribed by Treasury: DTAP 1013.501

1. Identification of the agency and the contracting activity: Requiring Agency: Office of the Comptroller of the Currency, DC Headquarters – Office of Management, Library Services Contracting Activity: Office of the Comptroller of the Currency, DC Headquarters – Administrative Operations, Acquisition Management

2. Nature and/or description of the action being approved: This is a new award for 16 Thomson Reuters Loan Price Corporation (LPC) licenses. The OCC will award to Thomson Reuters, LLC., 717 Office Parkway, Saint Louis, MO, 63141. Thomson Reuters, LLC., is considered to be a large business. This justification will cover all items listed in section 3.a.

The OCC contemplates that this purchase order will be Firm-Fixed Priced (FFP). The base period of performance will be from 1-October-2018 through 30-September-2019 and will include four option year periods.

3.a A description of the supplies or services required to meet the agency’s needs:

The OCC requires Syndicated Loan Database Licenses to support objectives of identifying syndicated and industrial loans on a national scale.

CLIN Item Quantity 0001 Syndicated Loan Database License 16

3.b Estimated value: $495,719.00

4. Identification of the authority being used (Check the appropriate box that applies):

41 U.S.C. 1901 – Simplified acquisition procedures.

41 U.S.C. 1903 – Special emergency procurement authority.

5. A demonstration that the proposed contractor’s unique qualifications or the nature of the acquisition requires use of the authority cited:

Thomson Reuters LPC (Reuters) is the only known responsible source which can provide the licenses. Reuters provides OCC access to the Loan Connector application, including the Deal Scan database of syndicated loans. This system provides a convenient electronically accessible database of information for syndicated commercial and industrial loans on a national basis.

The information includes pricings, covenants, borrower and lender statistics, loan purposes, loan amounts, country/region information, credit ratings, maturity information, agent and lead bank statistics, and borrowers’ SIC or NAICS codes. Furthermore, not only is the database searchable by key data elements, but the database also includes transactions going back to the late 1980s and earlier. Finally, the database is updated on at least a weekly basis, giving the OCC access to new transactions while concurrently updating previous transactions. Based upon the agency’s market research, no other sources are able to provide such a functional and comprehensive product to meet the OCC’s requirements at this time.

6. A description of efforts to ensure that offers were solicited from as many potential sources as is practicable, including whether a notice was or will be publicized as required by FAR subpart 5.2 and, if not, which exception under FAR 5.202 applies:

Pre-solicitation notice of Intent to Sole Source has been posted on fedbizopps.gov for the renewal of the Reuters Licenses on 7-Jun-2018 and closed on 21-Jun-2018. There were no interested vendors that responded to the notice by the closing date.

Prescribed by Treasury: DTAP 1013.501

7. A determination by the contracting officer that the anticipated cost to the Government will be fair and reasonable:

Price fair and reasonableness will be determined by using historical contracting data based on the current contract, TCC16HQP0111 with Thomson Reuters, LLC. Furthermore, from the prior database licenses contract, the OCC will have three (3) years of historical pricing information (Fiscal Years 2016, 2017, and 2018) to compare against Reuters’ proposed pricing response.

8. A description of the market research conducted (see FAR part 10) and the results or a statement of the reason market research was not conducted:

Historically, Reuters has proven to be the only responsible source which can meet the needs of the OCC’s requirement. A search was conducted on the internet to see if there were other companies that may be authorized resellers/distributors of the Reuters licenses, there were no other companies other than Thomson Reuters that were able to provide the licenses. In the past solicitation of the existing contract, which was an approved sole source purchase order awarded to Thomson Reuters, a Pre-solicitation was posted to FedBizOpps (FBO) on 4- May-2015 notifying industry of the Government’s intent to sole source the subject requirement. Potential sources were instructed to respond to the notice if there were specific products that could fulfill the same function as the product listed in the Special Notice. By the closing date of 11-May-2015, not a single industry response was received.

9. Any other facts supporting this justification:

N/A

10. A listing of sources, if any, that expressed, in writing, an interest in the acquisition:

No sources expressed any interest in writing.

11. A statement of the actions, if any, the agency may take to remove or overcome any barriers to competition before any subsequent acquisition for the supplies or services required:

The OCC will continue to monitor the industry and the marketplace to determine if any other vendors are able to provide a product similar to the requirement described throughout this document.

Prescribed by Treasury: DTAP 1013.501

12.Certifications and Approvals:

12.a Program Office Certification (Requiring Activity). I hereby certify that any supporting information and data provided, which form the basis for this justification, are accurate and complete to the best of my knowledge and belief.

12. Contracting Officer Certification and Approval. I hereby determine the circumstances of this acquisition support the justification to acquire these supplies or services on a sole source (including brand name) basis. I also certify this justification is accurate and complete to the best of my knowledge and belief. Therefore, unless additional approvals are required as prescribed below, as the authorized contracting officer for this acquisition, I hereby approve the processing of this requirement on a sole source (including brand name) basis under the authority of FAR subpart 13.5.

12. Small Business Specialist Determination (Contracting Activity). I have reviewed this justification, including any attached documentation, if applicable, and concur / do not concur with the findings.