A. FY 25 Bloomberg Govt Sole Source Justification.doc

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Energy and Regulatory Legislation Subscription Service
Solicitation number
89603025Q0017
Issued by

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This document is a Justification for Other than Full & Open Competition for the Federal Energy Regulatory Commission (FERC). The agency seeks to procure a Bloomberg Government subscription service for an estimated $174,186.60 under a sole source procurement. The justification indicates that Bloomberg Government was selected because it offers a unique subscription service, whereas competitors only provide software requiring costly licensing and maintenance.

The procurement is being conducted under Solicitation Number 89603025Q0017 for an Energy and Regulatory Legislation Subscription Service. The award will be made to the offeror with the Best Valued Quotation based on the evaluation methodology outlined in the solicitation. The procurement methodology leverages 41 U.S.C. 253(c)(3) and specifically invokes FAR 6.302-1, which allows for procurement from only one responsible source that can satisfy agency requirements. Market research was conducted by examining three of Bloomberg Government's competitors, ultimately determining that Bloomberg Government provides the most cost-effective solution for FERC's needs.

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JUSTIFICATION FOR

OTHER THAN FULL & OPEN COMPETITION

The following Justification for Other than Full & Open Competition is prepared in accordance with FAR Subpart 6.303-2.

1. ORGANIZATION:

Federal Energy Regulatory Commission Office of the Executive Director Acquisition Services Division 999 North Capitol Street, NE Washington, DC 20426

2. NATURE AND/OR DESCRIPTION OF ACTION BEING APPROVED:

It is the intent of the Federal Energy Regulatory Commission/ OEA to obtain Bloomberg Government for the aforementioned location.

The basis for limiting the sources for this acquisition is Bloomberg Government is the only source I found to offer a subscription service the others provided software which requires licensing and maintenance that was not cost effective.

3. DESCRIPTION OF REQUIREMENT:

In accordance with agency objectives, the government has a need to procure (Describe the supplies or services required to meet the agency's needs). The estimated dollar value of this procurement is $174,186.60

4. STATUTORY AUTHORITY:

The statutory authority permitting other than full and open competition is 41 U.S.C. 253(c)(3) in accordance with:

[ x ] FAR 6.302-1, only one responsible source and no other supplies and services will satisfy Agency Requirements;

[ ] FAR 6.302-2, Unusual and compelling urgency;

[ ] Other, defined below:

FAR 6.302-3 Industrial mobilization; engineering development or research capability; or expert services.

5. DEMONSTRATE PROPOSED CONTRACTOR’S UNIQUE QUALIFICATIONS:

The basis for limiting the sources for this acquisition is Bloomberg Government is the only source I found to offer a subscription service the others provided software which requires licensing and maintenance that was not cost effective.

6. SOURCES SOUGHT EFFORTS:

7. DETERMINATION OF FAIR & REASONABLE PRICING:

8. DESCRIPTION OF MARKET RESEARCH CONDUCTED & RESULTS:

Market research was conducted by researching three of Bloomberg Governments competitors

9. ANY OTHER FACTORS SUPPORTING THE USE OF OTHER THAN FULL AND OPEN COMPETITION:

10. A LISTING OF THE SOURCES, IF ANY, THAT EXPRESSED, IN WRITING, AN INTEREST IN THE ACQUISITION.

None

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 SERVICES REQUIRED:

None

12. CERTIFICATIONS & APPROVALS: (Signatures are required) Technical & Requirements Certification:

I certify that the supporting data under my cognizance that are included in this document are accurate and complete to the best of my knowledge and belief.

Insert Name

Date

(Insert Title & Department) Contracting Officer Certification:

I certify that this justification is accurate and complete to the best of my knowledge and belief.

Date

Contracting Officer

Acquisition Services Division Office of the Executive Director Federal Energy Regulatory Commission

File details come from the government source that posted it. Updated .