A04_LSJ_Venture_Capital_and_Private_Sector-Investment.pdf

DEPARTMENT OF DEFENSE

WASHINGTON HEADQUARTERS SERVICES

1155 DEFENSE PENTAGON

WASHINGTON, DC 20301-1155

ACQUISITION

DIRECTORATE

LIMITED SOURCES JUSTIFICATION

Upon the basis of the following justification, I hereby approve this limited source justification in accordance with FAR 8.405-6(a)(1)(i)(B).

1. Requiring Agency and Contracting Officer:

Requiring Activity:

Office of the Under Secretary of Defense, Office of Technical Intelligence

(OUSD/OTI)

3040 Defense Pentagon Washington, DC 20301-3400

Contracting Activity:

Washington Headquarters Services/Acquisition & Directorate (WHS/AD) 1155 Defense Pentagon Washington, DC 20301-1155

2. Nature/Description of Action for Approval:

This justification approves the acquisition of a web-based subscription for Quid Desktop.

3. Description of Supplies/Services:

This action is a follow-on to contract HQ0034-14-F-0327 using the Federal Supply Schedule GS35F263AA. Quid Desktop provides access for the Office of Technical Intelligence to a web based venture capital and private sector integrated database and analytical tool. This database and tool provides the data scientist and analysts the ability to use the searchable data to understand the market forces and developments in the venture capital and other private sector arena. The Period of Performance will be for twelve months with an option for one twelve month extension. The estimated price is between $75,000 and $80,000.

4. Authority and Supporting Rationale:

Pursuant to FAR 8.405(a)(1)(i)(B), Quid is the “Only source capable of providing the supplies or services required at the level of quality required because the supplies or services are unique or highly specialized.”

The Office of Technical Intelligence requires an analytic tool that can find investment information and venture capital information in order to determine key emerging technology markets and identify sources for potential research investment by the Department of Defense.

Quid Desktop provides the only web based database that allows the user to complete real time searches for private-sector investments. This product is the only database and analytical tool package that has the ability to reach large venture capital databases; can identify companies and delineate sectors; use high end network metrics; and utilize patent analytics.

The Quid Desktop software package will enable the Office of Technical Intelligence to cohesively understand the impact of market forces and developments in the venture capital and other private-sector arena in developing critically important emerging technologies from a Defense perspective.

5. Best Value Determination:

The Contracting Officer will ensure that the resulting task-order price is fair and reasonable per FAR 8.404(d) and FAR 15.404-1(b). The price will be determined fair and reasonable via the use of price analysis based on the comparison of prior efforts of similar size and scope and will compare the proposal to the independent government cost estimate.

6. Market Research:

A Sources Sought notice for an “Integrated Database and Analytic Tool Package - Venture Capital and Private-Sector Investment” was posted to FBO on August 28, 2015. Interested firms were requested to respond by September 8, 2015. One response was received from a firm based outside of the United States and that response did not demonstrate an understanding of the requirement.

7. Actions to Increase Competition:

Quid, Inc. is the sole distributor of this product.

8. Any addition information:

Quid, Inc. is a small business and is listed on the Small Business Administration's Dynamic Small Business Search web site for the NAICS Code 511210.

9. Requiring Office Certification:

I certify that the supporting data, which form the basis for this Limited Sources Justification, are complete and accurate to the best of my knowledge and belief.

Kristopher E. Gardner Director, Office of Technical Intelligence

10. Contracting Officer Certification:

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

Michael J. Murtha Contracting Officer