A05_JA Under SAT 1172898 and 1174333_Redacted.pdf
PDF 218 KB Posted
- Attached to
- Bloomberg Anywhere and Terminal Licenses
- Solicitation number
- 12444726Q0160
About this file
This is a Decision to Restrict Competition under the Simplified Acquisition Threshold issued by the United States Department of Agriculture (USDA). The document authorizes the USDA's Office of the Chief Economist (OCE) to procure Bloomberg data subscription services on a sole-source basis rather than through open competition.
The USDA seeks to acquire one Bloomberg Anywhere license for data, services, and information providing multi-user access across multiple devices and locations, and two Bloomberg Terminals (one new, one renewal of an existing license) with individual subscriptions and multiple-user access capabilities. The combined services include access to Bloomberg's suite of domestic and international economic data, news sources, research, and analytics. The suggested source is Bloomberg Finance L.P., located at 731 Lexington Avenue, New York, NY 10022-1331 (UEI: PFDZJZ15N3R1). The estimated contract value spans three fiscal years (FY26 base, FY27 Option 1, and FY28 Option 2) with an evaluation of FAR 52.217-8 pricing included in the grand total; specific dollar amounts are redacted.
The justification for sole-source procurement emphasizes that Bloomberg provides the broadest range of market information, data, news, and analytics available in the industry with a unique combination of capabilities unavailable from other vendors. Key functions include real-time market data, financial news, analytical tools, trading capabilities, Bloomberg Government, and Bloomberg Law, with particular relevance to OCE's needs for agricultural commodity future prices, trade data, fertilizer and input costs, macroeconomic indicators, and real-time market disruption news. Market research confirmed Bloomberg has no authorized resellers and prior procurements were sole-source. The contracting officer and technical requirements personnel have certified the justification as accurate and complete.
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Other files
| File | Type | Posted |
|---|---|---|
| STATEMENT OF WORK Bloomberg Terminal.pdf | ||
| STATEMENT OF WORK Bloomberg Anywhere.pdf | ||
| SOL-12444726Q0160.pdf |
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Text version
United States Department of Agriculture Decision to Restrict Competition under the Simplified Acquisition Threshold
Identification Number: 1172898 and 1174333
Rev. 3/4/26
Explain the unique qualifications/characteristics of the proposed contractor or product and why no other contractor or product/service can meet the Government's need.
Bloomberg is a data subscription service that provides the broadest range of market information, data, news and analytics for both domestic and international markets in the industry, the combination of which is not available from another vendor. Its core functions include real-time market data, financial news, analytical tools, trading capabilities, Bloomberg Government, and Bloomberg Law. Especially relevant for OCE are: data on agricultural commodity future prices, trade data, fertilizer and input costs, macroeconomic indicators, and news reports relevant for real-time market disruptive events.
Describe market research conducted and the results or the reason why no market research was conducted.
In our market research we reviewed historical purchase of Bloomberg 1 23 1 4423 P01 58, 12314424P0116, and 12314425P0076 and found these procurements were sole source. We contacted Bloomberg to inquire if they have authorized resellers, they confirmed they do not. Bloomberg licenses offer the full breadth of market research and data across domestic and international markets. As it is the largest player in the financial data industry, it is the premier fully featured product used in the industry. Bloomberg is the only vendor that is capable of providing their proprietary system that provides the widest breadth of information, data, and news affecting and being affected by USDA and the agriculture and food sectors It will provide key market information to aid OCE in its mission to advise the Secretary of Agriculture.
United States Department of Agriculture Decision to Restrict Competition under the Simplified Acquisition Threshold
Identification Number: 1172898 and 1174333
Rev. 3/4/26
Certifications & Approvals
Technical / Requirements Personnel Certification I certify this requirement meets the Government’s minimum need and that the supporting data, which forms a basis for this justification, is complete and accurate.
Operations Manager
Contracting Officer’s Certification I certify that the data supporting the recommended use of other than full and open competition accurate and complete to the best of my knowledge and belief. I hereby approve this justification.
Contracting Officer
File details come from the government source that posted it. Updated .