Economic Modeling DBA Lightcast Sole Source Pre-Award.pdf

This is a Sole Source Pre-Award justification document issued by the State of New Mexico for the procurement of Economic Modeling services from Lightcast. The document outlines the state's request for economic data analysis, labor market intelligence, and workforce development support services. The contract involves a comprehensive economic modeling platform providing real-time occupational data, skills analysis, and market trend analysis to support state workforce planning and economic development initiatives. The procurement is structured as a sole source acquisition, indicating that Lightcast has been identified as the only vendor capable of meeting the state's specific technical and functional requirements. The contract term and renewal options, as well as specific response and award dates, are detailed within the justification materials included in this pre-award documentation.

The sole source justification addresses the unique capabilities and data methodologies that differentiate Lightcast's economic modeling platform from competing vendors, establishing the basis for non-competitive procurement. The document includes funding information, budget justification, and sources of funds to support the contract award. As a pre-award notice, this documentation precedes formal contract execution and serves to provide transparency regarding the state's decision to pursue a sole source acquisition rather than open competitive bidding. Additional information regarding pricing terms, contract period specifics, and operational requirements would be contained within the complete procurement file and subsequent contract documents.