GPE Notice of Intent to Issue Sole Source 7.8.24.pdf

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Notice of Intent to Sole Source - Bloomberg Finance L. P.
Solicitation number
15JA50-24-PR-0365
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This document is a Notice of Intent to Issue a Sole Source Award by the U.S. Department of Justice, Executive Office for United States Attorneys (EOUSA), on behalf of the United States Attorney's Office - District of New Jersey (USAO-NJ). The notice announces EOUSA's intent to award a 12-month, firm-fixed price Purchase Order to Bloomberg Finance L.P. for the renewal of one Bloomberg Terminal subscription. The USAO-NJ requires this internet-based subscription product for real-time financial information to support investigations into potential securities fraud, insider trading, market manipulation, and other economic crimes. EOUSA conducted market research and determined that the Bloomberg Terminal is the most advantageous solution for aggregating financial data and analytical tools related to offshore financial centers. The anticipated price is deemed fair and reasonable. No solicitation document is available, and this notice serves to inform the public of the sole source award.

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U.S. Department of Justice Executive Office for United States Attorney

Acquisitions Staff

3 Constitution Square (3CON)

175 N Street NE, Washington, D.C. 20002

NOTICE OF INTENT TO ISSUE SOLE SOURCE AWARD

The U.S. Department of Justice, Executive Office for United States Attorneys (EOUSA), on behalf of the

United States Attorney’s Office – District of New Jersey (USAO-NJ), intends to award a Purchase Order

(PO) to Bloomberg Finance L.P. of Lexington, NY, on a sole source basis. The period of performance is

September 30, 2024 through September 29, 2025.

The North American Industry Classification System (NAICS) code is 519130 entitled Internet Publishing and Broadcasting and Web Search Portals, with a size standard in number of employees of 1,000.

A determination not to compete this proposed contract was made pursuant to the Federal Acquisition

Regulation (FAR) 13.106-1(b)(1) – “Soliciting from a single source. (1) For purchases not exceeding the simplified acquisition threshold. (i) Contracting officers may solicit from one source if the contracting officer determines that the circumstances of the contract action deem only one source reasonably available.”

This notice is published for informational purposes only and is not a request for competitive quotes.

EOUSA intends to award a sole-source, firm-fixed price, twelve-month, purchase order to: Bloomberg

Finance, L.P., 731 Lexington Avenue, New York, NY, 10022, SAM Unique Entity ID: PFDZJZ15N3R1 for the renewal of one (1) Bloomberg Terminal subscription. EOUSA awarded Purchase Order Numbers

15JA0523P00000006 to Bloomberg Finance L.P on September 29, 2023, 15JA0522P00000159 to

Bloomberg Finance L.P. on September 20, 2022, and 15JA0522P00000144 to Bloomberg Finance L.P. on

September 29, 2021.

The USAO-NJ requires an internet-based subscription product for real-time financial information for the private and public sector. The Bloomberg Terminal provides investigators and prosecutors with historical stock prices, company events and filings, particulars on the ownership of public companies, news events related to companies, details on mergers and acquisitions, registration details on equities, bonds and other financial instruments, and biographical data for potential targets, subjects, witnesses, and victims. The nature of USAO-NJ’s investigations and the sophistication of their targets require readily available and advanced analytical tools to be successful. The district will leverage the product to investigate potential securities fraud, insider trading, market manipulation and other types of economic crimes. This procurement is being conducted under Simplified Acquisition Procedures; only one source is reasonably available. The Government intends to use FAR Parts 12.6 and 13.5 to purchase the above listed items.

The Contracting Officer (CO) determines that the anticipated price is fair and reasonable based on market research. EOUSA performed market research to determine the best cost to value solution based upon requirements. The Bloomberg Terminal offers stronger analytical tools regarding supply chains and financial flows, particularly related to offshore financial centers (over 185,000 sources). The cost savings, analytical capability, and benefits of being able to procure terminal accounts, make it the most appealing option for aggregating financial data.

Point of contact for this acquisition is the CO, Perla Exinia at perla.exinia@usdoj.gov. This notice is not to be considered a Request for Quotation (RFQ). No solicitation document is available and telephone requests will not be honored. No purchase order will be awarded based on quotes received in response to this notice, but quotes will be used to determine if a comparable source is available and more advantageous to the Government.

A determination by the Government not to compete this proposed purchase order based upon responses to this notice is solely within the discretion of the Government.

Prepared by:

Perla Exinia

Contracting Officer

2024-07-24T12:38:48-0400
PERLA EXINIA

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