LSJ_Westlaw Pubslishing_Redacted.pdf
PDF 2 MB Posted
- Attached to
- Award Notice/Limited Source Justification for Legal, Business, Securities, News, Public Records, Etc.
- Solicitation number
- 50310224Q0019
- Issued by
-
Securities and Exchange Commission
About this file
This document is a Limited Sources Justification for a task order award to provide online access to legal, financial, news, and public records information for the Securities and Exchange Commission (SEC). The contract was awarded to West Publishing Corporation for $13,655,998.88 on 2024-03-20 under GSA Schedule GS-02F-026DA.
The service shall provide access to content in categories such as federal and state case law, legislation, administrative rules, legal forms, company profiles, market research, news, and public records. Key features include the West Key Number and KeyCite systems, annotated statutes and regulations, WestSearch, litigation analytics, and access to legal treatises and encyclopedias. The contracting officer determined this brand-name Westlaw Precision subscription was the only solution that could meet the SEC's requirements due to its unique features and the lack of viable competitors. The period of performance is a 12-month base period with four 12-month option years.
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The service shall provide online access to content that includes information resources in the following categories:
• Legal information, e.g., federal and state case law; federal and state legislation, statutes and administrative rules, regulations, and guidance; law reviews; legal directories; legal dictionaries; legal forms; jurisdictional surveys; and specialized legal treatises.
• Financial content, e.g., company profiles and reports, annual reports and SEC filings, market research, and analyst reports.
• News and business content, e.g., domestic, and foreign newspapers, newswires, periodicals, research reports, and public filings.
• Public records, e.g., business records, real and personal property assets, adverse filings, U.S.
Postal data, U.S. Census Bureau data, voter registration records, telephone directories, county, and city tax assessors’ rolls.
• PeopleMap Premier and Company Investigator (public records).
The subscription services shall include the following features:
• West Key Number and KeyCite Systems.
• Annotated statutes and regulations, including editorial enhancements and graphical representations of statutes.
• Direct gateway to Delaware’s Secretary of State computer system.
• WestSearch.
• Personalization options, e.g., the ability to choose default sources to be searched and folder sharing.
• Litigation Analytics.
• Statutes and Regulations comparison feature.
• Alert feature providing automatic updating of saved searches.
• Access to the National Reporter system.
• Legal encyclopedias, including Corpus Juris Secundum and American Jurisprudence Full
Library, and legal treatises on specialized SEC topics.
• Litigation analytics tools and quick brief checker tools.
• Download, print, save, and e-mail capability for handling search results.
The period of performance is for a base period of twelve (12) months and four (4) twelve (12) month option years. The total estimated value of the contract is .
4. The authority and supporting rationale (see 8.405-6(a)(1)(i) and (b)(1)) and, if applicable, a demonstration of the proposed contractor’s unique qualifications to provide the required supply or service.
The statutory authority permitting limiting the source is Section 41 U.S.C. 4106(c) as implemented by the FAR 8.405-6 (b), Items peculiar to one manufacturer. A description of the brand name product (Westlaw Precision) and its unique features that are essential to the Government’s requirement are as follows:
Due to exclusive features and services, it would not be possible for another manufacturer to meet SEC’s requirements because West is the exclusive provider of Westlaw Precision with no permitted resellers, and there are currently no substitutes or viable competitors.
The SEC’s needs can only be satisfied by the brand-name Westlaw Precision subscription because its features and services listed below uniquely satisfy SEC’s requirements.
• The National Reporter system, Key Number System and Editorial enhancements and
Graphical Statutes are critical in allowing SEC attorneys to search for SEC cases, codes, and regulations as efficiently as possible, and with the benefit of West’s expert editorial commentary and organization. Key Number System is a West proprietary innovation.
Graphical Statutes uses their industry-defining technology to connect content and their proprietary analysis of the law.
• Legal encyclopedias, including Westlaw's proprietary Corpus Juris Secundum and American Jurisprudence Full Library and Federal legal treatises on specialized SEC topics provide analysis and background from subject matter experts in Securities-related topics that provide valuable insights to SEC attorneys, and ensures that the attorneys do not overlook critical legal issues and content.
• Unique news sources and financial content provide information in a single platform that provides information on companies, and market information, that is the subject of SEC investigations.
• Precision Research offers a different type of preview of cases when conducting searches and better summaries of those cases than does traditional Westlaw.
• KeyCite enhancements, including KeyCite cited with and KeyCite overruled in part allow attorneys to determine more quickly if a case is still relevant. KeyCite is a West proprietary innovation.
• Litigation Analytics and quick brief checker allow the users to help predict the outcome of a case and look for any weaknesses in their legal briefs.
Access to Westlaw Precision is critical to conduct investigations into possible violations of the federal securities laws; to prosecute the Commission’s civil suits in the federal courts as well as in its administrative proceedings; to inform rule-making initiatives, identify and monitor risks, improve industry practices and pursue misconduct.
5. A determination by the ordering activity contracting officer that the order represents the best value consistent with 8.404(d)
This task order will be made using GSA Schedule GS-02F-026DA. The Contracting Officer determines the pricing will be fair and reasonable based on comparison with market research, available published price listings, and past awards for a contractual effort with a similar scope.
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