Compustat_-_Signed_Sole_Source_Justification.pdf

Form # USPTO-OP-026.v1.0 (12/2015) Page 1 of 4

SOLE SOURCE JUSTIFICATION (SSJ)

(FAR 13.501)

Program Office: Office of Policy and

International Affairs Program Office

POC:

Julie Ables Chapin

Title of Procurement:

S&P Global Market Intelligence's Compustat Fundamental Data Subscription

Contracting Officer:

Corey V. Forshee

Contracting Activity:

USPTO Office of Procurement

Contracting Officer Phone:

(571) 272-6721 PR Number: 147P1601549

1. Description of the Action

The United States Patent and Trademark Office (USPTO), Office of Policy and International Affairs, Office of the Chief Economist (OCE), has a requirement for economic research. The OCE requires access to business, financial, economic, and marketing data through a self-managed service with centralized access, a high volume of cross-disciplinary data, flexibility of delivery including computing cloud access, and orientation toward academic research. In an effort to obtain access to this information, OCE is seeking to procure a subscription to S&P Global Market Intelligence's Compustat Fundamental Data.

2. Description of the Supplies/Services

S&P Global Market Intelligence's Compustat Fundamental Data is a powerful financial modeling application to quickly evaluate company performance, produce in-depth peer analysis and conduct long-term backtest research. Features include: Ability to quickly generate models with desktop application built-in wizards and Excel®; Reporting & Templates, Charting & Modeling, Research & Analysis; and Proprietary & Third-Party Data Integration.

Information derived from the S&P Global Market Intelligence's Compustat Fundamental Data will be integrated with information derived from the Center for Research in Security Prices (CRSP) Database and Wharton Research Data Services (WRDS) to deliver the following:

The CRSP/Compustat Merged Database provides a unified database matching historical CRSP U.S.

Stock Database with S&P Global Market Intelligence's Compustat fundamental data. CRSPLink® maps complex relationships over time between CRSP and S&P Global Market Intelligence's Compustat security permanent identifiers. These identifiers permit a seamless time-series analysis of companies and securities, regardless of ticker or Committee on Uniform Security Identification Procedures (CUSIP) changes.

WRDS is a comprehensive, internet-based data research service. Select datasets from Compustat and the S&P Global Market Intelligence platform are available on WRDS making it easily accessible to both the academic and finance community. WRDS provides the user with one location to access over 200 terabytes of data across multiple disciplines including Accounting, Banking, Economics, Environmental Social and Governance (ESG), Finance, Health Care, Insurance, Marketing, and Statistics.

Along with the S&P Global Market Intelligence's Compustat Fundamental Data Subscription, USPTO is currently seeking to procure subscriptions to CRSP and WRDS databases.

Form # USPTO-OP-026.v1.0 (12/2015) Page 2 of 4

The anticipated base period of the S&P Global Market Intelligence's Compustat Fundamental Data subscription is 30 September 2016 through 29 September 2017. Additionally, two (2) subsequent 12-month subscriptions will be acquired; spanning from 30 September 2017 through 29 September 2019.

3. Statutory Authority

This action is being executed under the procedures in FAR subpart 13.5, used in accordance with 41 U.S.C. 1901 (Simplified Acquisition Procedures).

4. Unique Vendor Qualifications or Nature of the Acquisition

S&P Global Market Intelligence is a leading provider of financial and industry data, research, news and analytics to investment professionals, government agencies, corporations, and universities worldwide. S&P Global Market Intelligence integrates news, comprehensive market and sector-specific data and analytics into a variety of tools to help track performance, generate alpha, identify investment ideas, understand competitive and industry dynamics, perform valuation and assess credit risk.

S&P Global Market Intelligence's Compustat Fundamental Data provides access to extensive market and financial data, proprietary research, powerful analytics, and more —all compiled from millions of sources and delivered in milliseconds.

5. Efforts to solicit as many potential sources as possible

A Sources Sought Notice was posted, from 26 August 2016 to 5 September 2016, on FedBizOpps.Gov; see attached documents for details. The objective of this notice was to unearth businesses capable of providing a Compustat Fundamental Data or equivalent database subscription.

Despite being posted for eleven days, not a single vendor with the ability to supply Compustat Fundamental Data or an equivalent database responded to the Sources Sought Notice.

Additionally, a comprehensive search of the internet failed to discern any product comparable to that of Compustat Fundamental Data.

Furthermore, Robert Salaki (Director Client Development, S&P Global Market Intelligence) asserted in writing that S&P Global Market Intelligence is the sole source to purchase the Compustat Fundamental Data platform; see attached document for details.

6. Determination by the Contracting Officer that anticipated cost will be fair and reasonable

The anticipated cost of this acquisition will be fair and reasonable as evidenced by the signature of the Contracting Officer. Detailed documentation and justification of price reasonableness will be disclosed in the Acquisition Form Documentation (AFD) to be prepared upon completion of negotiations.

7. Market Research

A comprehensive search of the internet failed to discern products comparable to that of S&P Global Market Intelligence's Compustat Fundamental Data. Additionally, S&P Global Market Intelligence is the sole supplier of S&P Global Market Intelligence's Compustat Fundamental Data.

8. Other Facts Supporting the Justification

Form # USPTO-OP-026.v1.0 (12/2015) Page 3 of 4

OCE currently has a subscription to the S&P Global Market Intelligence's Compustat Fundamental Data. Employees are trained and proficient in the functionality of this database. Additionally, countless reports and documents were developed utilizing data derived from S&P Global Market Intelligence's Compustat Fundamental Data. The acquisition of another product would require further training and reproduction of reports/documents.

9. Listing of sources that expressed interest in writing

S&P Global Market Intelligence

10. Actions to remove or overcome barriers to competition

Prior to exercising option periods, market research will be accomplished to discern if comparable and compatible products have been made available.

11. Contracting Officer’s certification

The contracting officer’s signature on the signature page evidences that he/she has determined this document to be both accurate and complete to the best of his/her knowledge and belief.

12. Program Office certification of completeness and accuracy

As evidenced by their signatures on the signature page, the technical and/or requirements personnel have certified that any supporting data contained herein which is their responsibility are both accurate and complete.

13. Approving Official determination

The approving official’s signature on the signature page evidences review and approval as required by 13.501(a)(2).

Form # USPTO-OP-026.v1.0 (12/2015) Page 4 of 4

SOLE SOURCE JUSTIFICATION (SSJ)

COORDINATION AND APPROVAL PAGE

(<$700,000)

Contracting Activity: USPTO Office of Procurement

Purchase Request Number:

147P1601549

Program Name:

S&P Global Market Intelligence's Compustat Fundamental Data Subscription

Estimated Price of the Order (w/options):

$163,000.00

Authority:

FAR 13.501

Type Determination:

Individual

Concurrence:

Program Office Representative: ____________________________ 09/12/2016

Julie Ables Chapin Date Signed Contracting Officer Representative

Approval:

Contracting Officer: ____________________________ ______________ Corey V. Forshee Date Signed

Contracting Officer

Attachments:

1. Sources Sought Posting

2. Sources Sought Posting Confirmation

3. Letter from Robert Salaki (Director Client Development, S&P Global Market Intelligence)