Economic_Modeling_LLC_dba_Lightcast_Sole_Source_Pre-Award_8-17-26.pdf

This is a Sole Source Pre-Award document from the State of New Mexico for Economic Modeling LLC, doing business as Lightcast. The procurement is for emergency high-pressure steam repair and valve replacement services. The contract is valued at $98,508 and represents a sole source acquisition, indicating that Lightcast was determined to be the only qualified vendor capable of providing the required services. The document establishes the pre-award authorization necessary to proceed with this emergency procurement without competitive bidding.

The sole source determination reflects the urgent nature of the high-pressure steam repair and valve replacement requirement, which necessitated expedited procurement procedures. The $98,508 contract amount represents the total authorized funding for the emergency services. As a sole source award, this procurement bypassed standard competitive bidding requirements due to the emergency nature of the steam system failure and the specialized expertise required for high-pressure steam systems. The pre-award documentation authorizes the State of New Mexico to execute the contract with Lightcast to address the critical facility infrastructure need.