Sources Sought_2032H524N00011.docx

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Subscription for a Database for Fintech News and Information
Solicitation number
2032H524N00011
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This document is a Sources Sought notice issued by the U.S. Department of the Treasury Departmental Offices (OFIP) to gather information from industry regarding their interest and capabilities to provide a subscription for a database of fintech news and information.

The purpose of this Sources Sought is to assist OFIP in planning, formulating, and evaluating contractor capability to provide a database that covers areas such as payment processing, embedded finance, real-time payments, and alternative lending. The database must provide SME fintech surveys, merchant payment surveys, U.S. consumer fintech surveys, payments market monitors, U.S. bank tech surveys, and global fintech funding data. OFIP is also seeking weekly service reports profiling fintech vendors, trends, and M&A activity, as well as technology and business reports providing insight on fintech sectors and trends. Responses are due by August 9, 2024 at 12:00 PM EST and should be submitted via email to the Contracting Specialist. This Sources Sought is for planning purposes only and does not commit the government to issue a solicitation or award a contract.

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Sources Sought – Subscription for a Database for Fintech News and Information.

RFI Number: 2032H524N00011

Notice Type: Sources Sought

SYNOPSIS

The U. S. Department of the Treasury (Treasury) and The Office of Financial Institutions Policy (OFIP) is conducting market research to determine available sources for a potential procurement requirement. This is NOT a formal solicitation or request for proposals, proposal abstracts, or quotes. The purpose of this notice is to obtain information from industry contractors regarding their interest, capabilities, and recommendations to provide subscription for a database for fintech news and information in order to stay up to date with the most recent trends, activity, and news in the fintech landscape.

The North American Industry Classification System (NAICS) code for this request may likely include: 519290 – Web Search Portals and All Other Information Services. SMALL BUSINESSES ARE ENCOURAGED TO RESPOND. Include whether or not you are a small business; 8(a) small business; HUB Zone small business; service-disabled veteran-owned or veteran-owned small businesses; women-owned or economically disadvantaged women-owned small business; or small disadvantaged business in order to assist the Treasury in determining the appropriate acquisition method, including whether a set-aside is possible.

GENERAL PURPOSE

1.0 Purpose

Treasury may have an upcoming opportunity for a database that would provide OFIP with an abundance of data and information that is essential to the monitoring of the fintech landscape and digital payments market. This platform must provide all requirements listed in Section 2.1 of this Sources Sought Notice.

The purpose of this Sources Sought is to gather information that will assist the Departmental Offices in planning, formulating, and evaluating contractor capability to provide the service described in the Technical Requirements. The Treasury Departmental Offices are also open to alternative ideas and respondents are encouraged to provide information about alternative solutions that may assist in better meeting future needs.

1.1 Acquisition Approach

The Treasury has not determined the acquisition approach. Any results of this Sources Sought will assist the Treasury Departmental Offices and the Office of Business Solutions Acquisition (OBSA) Treasury Operations Branch (TOB) Procurement Office in determining an acquisition strategy about how to proceed.

SOURCES SOUGHT REQUIREMENTS

2.0 Description of Information Requested

This analysis is critical to the Administration’s ability to propose and defend reforms and revisions to the Internal Revenue Code.

OBSA TOB is requesting information regarding the respondents’ capabilities in providing the aforementioned required.

1. Provide company information, to include:

a. Company name and address;

b. Size of company (number of personnel, total revenue, ownership, parent corporation, etc.);

c. Company point(s) of contact including name, phone number, address, and email; length of time in business;

d. Geographic presence;

e. Company experience in providing valuation services to government or commercial entities;

f. Provide any pertinent information that will assist us in this assessment.

g. Contract Number and value/capacity; and

h. Available Strategic Contracts (e.g., GSA, Indefinite Delivery Indefinite Quantity (IDIQ) contract allowing decentralized ordering, etc.). Please identify type of “ordering” contract (e.g., GSA Multiple Award Schedule, GSA Professional Service Schedule, etc.).

2.1 Technical Requirements/Scope

The purpose of this requirement is for a database for fintech news and information for 5 users.

OFIP is seeking a resource that provides SME fintech surveys, merchant payment surveys, US consumer fintech surveys, payments market monitors, US bank tech surveys, and global fintech funding data. The database must have areas of coverage align with those of OFIPs, such as payment processing, embedded finance, real-time payments, and alternative lending. OFIP is also seeking service reports every week, profiling fintech vendors, trends, and M&A activity, as well as technology and business reports that provide insight on fintech sectors, trends, and end user equipment. As the digital payments market changes drastically and new policies are implemented to regulate certain practices, it is critical that OFIP is aware of everything that is going on in the fintech landscape.

INSTRUCTIONS AND RESPONSE GUIDELINES

Responses to this Sources Sought may be provided through a capabilities statement which shall include the information listed in 2.0 and 2.1. This Sources Sought is for information and planning purposes only and shall not be construed as a solicitation or an obligation on the part of the Treasury to issue a request for proposal or award a contract. Treasury does not intend to award a contract on the basis of responses nor otherwise pay for the preparation of any information submitted. Contractors responding to this Sources Sought should submit the information necessary for the Treasury to make a determination that the source is capable of satisfying the Government’s anticipated need. Treasury reserves the right to contact individual companies for additional information. This notice does not obligate the Treasury to provide acknowledgment or receipt of all responses received resulting from this notice. Should such a requirement materialize, no basis for claims against the Treasury shall arise as a result of a response to this Sources Sought or the Government's use of such information as either part of our evaluation process or in developing specifications for any subsequent requirement. Responses should be identified with Sources Sought #2032H524N00001and are due no later than Friday, August 9, 2024 at 12:00 PM EST. All interested parties must submit their responses via email to: Adam Walsh, Contracting Specialist via email at Angela.C.Gallo@irs.gov. Questions (oral or written) regarding this Sources Sought will NOT be accepted, nor responses to such questions provided. This Sources Sought is for planning purposes only and does not commit the government to pay for the information requested, issue a solicitation, or award a contract. No solicitation document exists at this time.

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