Justification_50310226P0007_Redacted.pdf

This is a Justification for Other Than Full and Open Competition document submitted by the U.S. Securities and Exchange Commission (SEC).

The SEC intends to award a sole source contract to Green Street Advisors LLC for subscription services providing global news and statistics on asset-backed securities (ABS), commercial mortgage-backed securities (CMBS), and related securitization activities. The required services include comprehensive data on initial terms of all rated asset-backed issues, mortgage issues, and collateralized bond obligations worldwide; quarterly rankings of key market participants including underwriters, issuers, trustees, law firms, and rating agencies; pricing and key terms of all commercial mortgage-backed securities issued globally; and quarterly rankings of CMBS market participants. The contract is structured for one base year plus four option years, with a total estimated value that is redacted in the document. The SEC conducted market research through surveys and determined that Green Street Advisors LLC is the only source that fully meets all requirements, as the company's ABS and CMBS databases and newsletters provide information that is difficult to obtain elsewhere and are protected by copyright. The contracting officer has determined the anticipated price will be fair and reasonable based on market research price estimates and prior contract pricing. The SEC will post a synopsis on SAM.gov in accordance with Federal Acquisition Regulation requirements. The statutory authority cited is Federal Acquisition Regulation Part 12.102 under 41 U.S.C. 1901. No other sources have expressed written interest in the acquisition.