Notice of Intent to Sole Source Requisition 1137213 2024 08 21.pdf

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Attached to
MTED Crops Branch Data Requirement Federal contract opportunity
Solicitation number
1137213
Issued by
Department of Agriculture Agricultural Research Service

About this file

This document is a Notice of Intent to Sole Source for Requisition 1137213 issued by the United States Department of Agriculture (USDA), Economic Research Service (ERS). ERS intends to award a Firm Fixed Price purchase order to FastMarkets Global Limited (FGL) on a sole source basis. The NAICS code for this project is 518210 Data Processing, Hosting, and Related Services with a $40 million size standard.

FGL provides daily spot price assessments and forward curve assessments for various agricultural commodities including wheat, corn, soybeans, soybean meal, sunseeds, barley, and rapeseed. ERS requires this data to cover global agriculture markets and have a complete tender database with a dashboard interface for searching and downloading the data. No other vendor is found to provide as comprehensive a set of information as FGL at a comparable cost. The period of performance is a base year from 09/01/2024 to 08/31/2025, with two one-year option periods. The anticipated award date is 09/01/2024. This notice is for informational purposes only and not a request for quotes. Vendors who can provide the required services are invited to submit substantiating documentation in writing.

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Sole Source Justification_REQ 1137213_20 Aug 2024_Redacted.pdf PDF
Updated Statement of Work 2024 08 12.pdf PDF

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Notice of Intent to Sole Source: Requisition: 1137213 Data requirements for Grains and Oil, Fats and Biofuels

United States Department of Agriculture (USDA), Economic Research Service (ERS), intents to award on a sole source basis a Firm Fixed Price purchase order to FastMarkets Global Limited

(FGL).

The North American Industry Classification System (NAICS) code for this project is 518210 Data Processing, Hosting, and Related Services with a Size Standard of $40 million.

FastMarkets Global Limited (FGL) provides daily spot price assessments of Soybean Meal, Sunseeds, Barley, Rape seed, Rape Meal; it is the only agency producing daily forward curve assessments of the wheat, corn and soybean markets. This information is required to cover global agriculture markets and be a part of a complete tender database with a dashboard interface for searching and downloading the data. FGL has a complete tender database and a dashboard interface for searching and downloading the data. They also have an exports database and dashboard which can be very useful. No comparable competitor offers as comprehensive a set of information as FastMarkets Global Limited with the same scope of information at a comparable cost.

It is noted that the robust dataset for tender data by FGL is not exhibited by other vendors. For example, searching for global wheat data, a few vendors do provide such data, but they do not also provide corn, soybean, barley. Various combinations of these data items return the same unsatisfactory outcome.

Period of Performance:

Base Year: 09/01/2024-08/31/2025

Option Year 1: 09/01/2025-08/31/2026

Option Year 2: 09/01/2026-08/31/2027

Requirement Description:

See Statement of Work

Anticipated Date of Award: 09/01/2024

THIS NOTICE OF INTENT IS NOT A REQUEST FOR QUOTES. This notice is for informational purposes only and is not to be construed as a commitment by the Government. Vendors that believe they can provide the services listed above are invited to submit substantiating documentation in writing to the identified point of contact. Information received will be considered solely for the purpose of determining whether to conduct a competitive procurement. Oral communications are not acceptable in response to this notice. A determination by the Government to compete this proposed contract based on responses to this notice is solely at the discretion of the Government.

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