Justification FastMarkets Forest 2026 1.pdf

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Attached to
Intent to Sole Source - Fastmarkets Global Limited
Solicitation number
ITC-OARS-26-0101
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About this file

This is a Justification and Approval for Single Source Awards document (USITC-050, Rev. 4/2022) submitted by the U.S. International Trade Commission's Office of Procurement.

The document justifies a single source award to FastMarkets, LLC for requisition ITC-OARS-26-0101, a renewal of a recurring requirement for a subscription to Fast Markets Forest. This subscription serves as a continuing resource requirement for an International Competitiveness and Analysis (ICA) economist. FastMarkets Forest is justified as the sole source because it consolidates fragmented information into a critical and comprehensive resource for tracking industry trends within the forest products sector. The platform covers datasets encompassing more than 3,500 grades of forest products and is essential for producing accurate economic analysis related to productivity, supply chain relationships, and market competition. Market research conducted through internet-based research, vendor product reviews, and consultation with industry experts identified no peer equivalent that meets the agency's requirements. The justification was certified by Linda Jackson (Requiring Officer) and Sumit Rana (Contracting Officer) and is scheduled for posting on www.sam.gov, indicating the estimated total value exceeds the Simplified Acquisition Threshold of $25,000.

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Justification and Approval for Single Source Awards

USITC - 050 (Rev. 4/2022)

Print Form U.S. International Trade Commission 500 E Street, SW Washington, DC 20436 United States Phone: 202-205-3098 www.usitc.gov

Print Form

Consolidated J&A for actions Not Exceeding the Simplified Acquisition Threshold (SAT) (FAR 13.501)

Contracting Office Requiring Office

U.S. International Trade Commission

Office of Procurement

500 E Street S.W.

Washington, D.C. 20436

U.S. International Trade Commission

500 E Street S.W.

Washington, D.C. 20436

Justification and Approval for: Single Source Brand Name

1. REQUISITION NUMBER: ITC-OARS-26-0101 ESTIMATED TOTAL VALUE:

2. Description of supplies or Services Required to Meet Agency:

Renewal of recurring requirement - subscription to Fast Markets Forest as continuing resource requirement for ICA economist.

3. Justification for Limited Competition:

FastMarkets Forest consolidates information that was previously fragmented, making it a critical and comprehensive source for tracking industry trends. Its datasets cover more than 3,500 grades of forest products and are essential for producing accurate economic analysis related to productivity, supply chain relationships, and market competition within the forest products sector.

No peer equivalent identified per agency requirements.

5. Requiring Officer's Certification:

I certify that the facts and representations in this justification, included herein, meet the Government's need and that the supporting data which forms the basis for this justification is complete and accurate.

Printed Name, Requiring POC

Linda Jackson

DateSignature

6. Contracting Officer Certification: Posted:

I have received this justification and find it to be accurate and complete to the best of my knowledge and belief.

Printed Name, Contracting Officer

Sumit Rana

DateSignature

DateUSITC.GOVPosted: www.sam.gov (>$25,000)

4. Description of Market Research Conducted and Results:

Internet based research, other vendor product reviews, and industry experts.

Vendor Name: FastMarkets, LLC

U.S. International Trade Commission 500 E Street, SW Washington, DC 20436 United States Phone: 202-205-3098 www.usitc.gov J:\usitc graphics\seal in blue.jpg Justification and Approval for Single Source Awards USITC - 050 (Rev. 4/2022) Justification & Approval for Single Source Awards Form required for justification & approvals under the simplified acquisition threshold. currently there is only a form for over the SAT, which is much longer and in depth than required by the FAR 9.0.0.2.20101008.1.734229 Deborah Bridge 4/3/2018

OCFO

Shadara Peters 5/2/2018 J:\usitc graphics\seal in blue.jpg Consolidated J&A for actions Not Exceeding the Simplified Acquisition Threshold (SAT) (FAR 13.501) Contracting Office Requiring Office U.S. International Trade Commission Office of Procurement 500 E Street S.W.

Washington, D.C. 20436 U.S. International Trade Commission

500 E Street S.W.

Washington, D.C. 20436 Justification and Approval for:

5. Requiring Officer's Certification:

I certify that the facts and representations in this justification, included herein, meet the Government's need and that the supporting data which forms the basis for this justification is complete and accurate.

6. Contracting Officer Certification: Posted:

I have received this justification and find it to be accurate and complete to the best of my knowledge and belief.

PrintButton1:
DropDownList1:
CheckBox1: 1
CheckBox1: 0
ReqNo: ITC-OARS-26-0101
NumericField1:
TextField1: Renewal of recurring requirement - subscription to Fast Markets Forest as continuing resource requirement for ICA economist.
TextField1: FastMarkets Forest consolidates information that was previously fragmented, making it a critical and comprehensive source for tracking industry trends. Its datasets cover more than 3,500 grades of forest products and are essential for producing accurate economic analysis related to productivity, supply chain relationships, and market competition within the forest products sector.

No peer equivalent identified per agency requirements.

TextField1: Internet based research, other vendor product reviews, and industry experts.
TextField2: Linda Jackson
TextField2: Sumit Rana
DateField1:
SignatureField1:
CheckBox2: 0
CheckBox2: 0
TextField3: FastMarkets, LLC

File details come from the government source that posted it. Updated .