HUD24012 JOFOC SP Subscription.pdf
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- 86615526C00003 - S&P Subscription
- Solicitation number
- 86615526C00003
About this file
This is a Justification for Other Than Full and Open Competition (Form HUD-24012) submitted by the U.S. Department of Housing and Urban Development (HUD). The justification requests approval for a sole-source acquisition of an S&P Global Intelligence online electronic financial services subscription from S&P Global Market Intelligence, LLC, with an estimated cost of $3,122,295.00. The primary contact is Wendy Lee, Account Manager, located at 55 Water Street, New York, NY 10041 (wlee@spglobal.com). The statutory exception cited is "Only one responsible source and no other supplies or services will satisfy agency requirements" under 41 USC 3304(a)(1).
The justification was submitted by Ericka B. Bartsch, Director of the Operational Risk Analysis Division within HUD's Office of Enterprise Risk, on July 27, 2026. The Contracting Officer review and certification were completed by CHERI REDDING (digitally signed July 27, 2026). The Competition Advocate approval was signed by NICOLE JACKSON on the same date. Since the estimated cost exceeds $900,000 but falls below $20,000,000, the acquisition required approvals from both the Contracting Officer and Competition Advocate levels. Supporting documentation detailing the circumstances justifying the sole-source exception is referenced as Exhibit 1 but not included in this submission.
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Previous edition unusable Page 1 or 2 Form HUD-24012 (04/2026)
Justification for Other Than Full and Open Competition
U.S. Department of Housing and Urban Development
Office of the Chief Procurement Officer
PART 1 - PROGRAM OFFICE RECOMMENDATION
I recommend the use of other than full and open competition for the acquisition of [describe services or supplies]
Negotiations should be conducted with the following source(s) only [provide names, addresses and points of contact; continue on separate sheets as needed]:
The estimated cost of this acquisition is: $
The statutory exception which allows this use of other than full and open competition is [select one]:
□ Only one responsible source and no other supplies or services will satisfy agency requirements - 41 USC 3304 (a)(1) (see FAR 6.103-1)
□ Unusual and compelling urgency - 41 USC 3304 (a)(2) (see FAR 6.103-2)
□ Industrial mobilization; engineering, developmental or research capability; or expert services - 41 USC 3304 (a)(3) (see FAR 6.103-3)
□ Authorized or required by statute - 41 USC 3304 (a)(5) (see FAR 6.103-5)
□ Public interest (NOTE: requires Secretarial approval and Congressional Notification) - 41 USC 3304 (a)(7) (see FAR 6.103- 7)
A description of the circumstances that support the use of the above statutory authority is attached and included as Exhibit 1 to this justification.
Program Office Certification. I certify that the information contained in this justification is accurate and complete to the best my knowledge and belief.
Head of Program Office [name] Title/Name of Office:
Signature: Date: For additional information contact:
PART 2 - CONTRACTING OFFICER REVIEW AND CERTIFICATION
Provide additional justification and comments here. Continue on back as needed.
Contracting Officer Certification.
I certify that the information contained in this justification is accurate and complete to the best of my knowledge and belief.
Name: Signature: Date:
3,122,295.00
J&A LOG NUMBER 26-24
An S&P Global Intelligence online electronic financial services subscription
S&P Global Market Intelligence, LLC - Wendy Lee, Account Manager, 55 Water Street, NY, NY 10041 wlee@spglobal.com
Justification is attached.
Ericka B. Bartsch Director, Operational Risk Analysis Division, Office of Enterprise Risk
Docusign Envelope ID: 27B05AE4-2A71-84BC-83A0-F8E38BC74988
07/27/26 | 12:49 PM EDT
Previous edition unusable Page 2 or 2 Form HUD-24012 (04/2026)
PART 3 - OTHER APPROVALS
Up to $900,000 - Contracting Officer
Name: Title:
Signature: Date:
$901,000 to $20,000,000 - Competition Advocate
$20,000,001 to $90,000,000 - Deputy Chief Procurement Officer
Over $90,000,001 - Senior Procurement Executive
Additional Contracting Officer justification/comments from front [attach additional pages if needed]
Additional Guidance for Completing the Justification (see HUD Handbook 2210.3, Chapter 4)
PART 1 - Program Office Recommendation
The supporting documentation in the Exhibit 1 must describe:
The nature of the proposed acquisition that requires other than full and open competition;
The unique qualifications of any proposed sole source; and
The market research conducted (see FAR Part 10) and the results or the reason(s) why market research was not conducted.
The cost estimate must include all costs of the proposed acquisition, e.g., options, systems life costs, etc. The total will determine the approval level needed (see 3 below).
FAR Subpart 6.103 describes the statutory exceptions, their applicability and limitations on their use.
"Head of the Program Office" means:
For all Headquarters acquisitions: the cognizant Assistant
Secretary or designee.
For field acquisitions: the program office director (e.g., Director, Multifamily Housing) within the State or Area Office.
PART 2 - Contracting Officer Review and Certification
Besides any information provided to support the program office's justification, the Contracting Officer shall provide:
Documented results of any Federal Business Opportunity notices or explanation of why no notice was published.
A statement of actions the Department may take to remove barriers to competition for subsequent acquisitions of similar services / supplies;
and
A determination that the anticipated cost / price is fair and reasonable. (See FAR Subpart 6.104-1(a)(7) for further guidance.)
The Contracting Officer signing the certification shall be the same individual who will sign the proposed acquisition action which is the subject of this justification.
PART 3 - Other Approvals The Contracting Officer shall obtain the approval for the dollar value ranges indicated.
If any person required to sign in these blocks disapproves this justification, he/she shall return it to the requesting activity with a written determination.
The requesting activity may obtain the name of the "Contracting Activity Competition Advocate" from the cognizant contracting office.
The "Head of Contracting Activity" is defined at Subpart
2402.1 of the HUD Acquisition Regulation (48 CFR Chapter
24). The cognizant contracting office may also provide the name of this individual.
Previous edition unusable Page 3 or 2 Form HUD-24012 (04/2026)
| New Bookmark |
| New Bookmark |
| 2026-07-27T16:50:00+0000 | |
| Digitally verifiable PDF exported from www.docusign.com |
| 2026-07-27T15:04:37-0400 | |
| CHERI REDDING |
| 2026-07-27T15:05:22-0400 | |
| CHERI REDDING |
| 2026-07-27T22:31:37-0400 | |
| NICOLE JACKSON |
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