Performance Work Statement_IHS Markit Products.docx

Performance Work Statement Products for Purchase

The Corps of Engineers is interested in purchasing several economic data products that will be used by Corps practitioners in evaluating navigation improvement projects as well as for use in budgetary decision making. Upon award, we are interested in a base year contract with an option of renewal for two subsequent years. We also provide a description of optional products give the availability of funds.

Product 1. Pricing & Purchasing Service – Americas

This product involves forecasts which are used to evaluate proposed rates of price and wage escalation as well as to define economic price adjustment clauses in contracts between private sector companies and public sector buyers. More specifically, forecasts will be utilized by the Corps of Engineers in evaluating forward prices and wages in a multi-year award context, often for very significant procurements, to determine fairness and reasonableness of proposed quotes. This product may also be used in supply chain management efforts for quantifying key escalation drivers and risks associated with specific material, energy, and labor purchases, and for optimal timing of buys. Looking to purchase fully-detailed history and forecast observations which are updated quarterly and interim updates monthly for a subset of commodities. In addition, looking to purchase selected weekly and daily historical updates. Pricing & Purchasing Service - Americas includes textual analyses along with quantitative query tools such as the Cost Analyzer and the Purchasing Analyzer.

Inflation coverage includes several prices, wages, and costs for North America (United States, Canada, and Mexico). Sector coverage includes purchasing environment, economic outlook, labor, energy, chemicals and plastics, steel, nonferrous metal, building materials, packaging, technology, capital equipment, indirect, and transportation, among others. Modeling approach is based upon theory that price escalation follows a base path dictated by changes in production costs (materials, energy, labor) with supply-side influences on price formation traced from crude materials, to intermediate materials, and finally to finished goods; demand-side considerations (e.g. periods of high or low demand) are included in the modeling specification and help explain price movements caused by deviations in the base price path established by production cost. Key features include: All price and wage indicators, with complete history and forecast observations (10-year forecast horizon), are updated quarterly and available in downloadable Excel workbooks (Downloads / Spreadsheet Tables); includes Alloy Cost Calculators. IHS Connect Data Browser. Cost Analyzer and Purchasing Analyzer enable user to build composite price indices; breakdown price index inputs (labor, materials, energy); examine demand indicators; obtain productivity adjusted price indices. Supply Manager and Cost Planner (Downloads / Publications) respectively present short-term and long-term projections of the major cost drivers for each industry including fundamentals-prices, costs, demand, productivity, and margins.

Further features include: Historical cost data supplement both forecasts. Monthly Commodity Price Forecast Update / Briefing, a subset interim forecast updated monthly, provides indication for direction of next fully detailed quarterly forecast update. Weekly Pricing Pulse is a subset historical price tracker updated weekly; includes weekly and 26-week moving average observations; IHS Global Inc's Industrial Materials Price Index, the GIIMPI, is a weighted average of weekly spot prices for a key collection of globally traded manufacturing inputs: crude oil, chemicals, nonferrous metals, ferrous metals, paper pulp, lumber, rubber, fibers, tech components, and ocean-going freight rates. Selected daily spot prices are also provided.

Product 2. Sea-Web (5 licenses) Sea-web is an easy-to-use service that provides a range of search capabilities, from simple look-ups through to complex database queries. It displays results in a powerful grid which includes sort, group and find features, with the option to export data.

Sea-web combines comprehensive data on ships, owners, shipbuilders, fixtures, casualties, port state control, ISM, real-time vessel movements and ports information into a single application.

Key Features of Sea-Web

· 200,000+ ships of 100 GT and above

· 240,000+ company records including owners, operators, manager and builders

· 7 levels of group and operational ownership

· Complete shipbuilder information with fleet listings

· Extensive ship image library

· Powerful query, reporting and export functions

· Updated daily by I.H.S’s expert data analyst team Optional Products:

Pending availability of funding, we would also like to consider the following optional products as the need arises:

Optional Product 1: US Industry Service

The US Industry Service includes detailed coverage of 141 NAICS industries in the United States, or up to 170, including aggregates.

· Industry Concept Coverage. There are 15 concepts covered for each of the 170 NAICS industrial classifications. These concepts range from revenue to prices and employment. In addition to historical and forecasted data, the service also provides a written analysis across 39 different industries

· Risk Ratings, distilling the US’ Industrial qualitative and quantitative outlook into 22 easy to use metrics covering growth, profitability, market structure and general economic risk

· Interconnectedness with other subscription services. The US Industry Service builds its top-down macro-economic model based on bottom-up research conducted by other IHS Markit Automotive, Aerospace, Chemicals, Energy, Maritime and Trade businesses, to delivery an easy-to-understand, internally-consistent, and comparative view of US industrial health

Optional Product 2. U.S. Monitor Enhanced

The US Monitor service includes over 1,000 indicators supported by a team of analysts giving clients an unprecedented ability to anticipate and evaluate the impact of policy decisions and potential economic shocks on all aspects of the US economy. Product provides 10-year and 30-year economic outlooks, including alternate scenarios, risk analysis and comprehensive sector outlooks. The US Macro Model includes up to 2,000 variables and more than 1,500 equations that track virtually every economic activity. 30 years of history and 30 years of forecast covering:

• Detailed composition of GDP

• Industrial Production by sector

• Consumer Spending

• Interest rates, yield curves

• Business Investment

• Housing & Construction

• Government Spending

• Employment by sector

• Exports & Imports

• Energy prices, production

• Prices and wages

• Personal income

Implications and analysis of data releases, economic events, and policy shifts needed to understand and interpret the impact of macro events on asset allocation decisions. US Monitor provides daily, weekly, monthly, quarterly economic commentary. Examples: Risks to the forecast, Perspectives, GDP Index, Weekly Economic Commentary.

US Regional Economics: Assess the performance and outlook for all regions, states, metros Bottom-up analysis driven by industry data from automotive, energy, chemical, and technology divisions and top-down forecasts based on award-winning national forecasts. Short-term and long-term economic forecasts for 9 regions, 50 states, 380+ metropolitan areas, 3,100+ counties, and detailed level analysis of the housing and mortgage markets. Forecast concepts available at the State level include 22 categories of personal consumption; net migration (international and domestic); and gross State/Metro product for 15+ sectors.

Optional Product 3. P & P Rail Cost Adjustment Factor (RCAF)

Offers one of the most comprehensive data and informational views available of U.S. and Canadian freight carrier shipment costs. Unique databases and models have been used by companies throughout North America as powerful tools to negotiate shipping rates and better understand the comparative advantages of the various shipping modes. The product permits a cost-based rather than rate-based focus for decision making, emphasizing systematic

Optional Product 4. North American Agriculture Service

North American Agriculture Service provides detailed forecasts and analyses of the agriculture sector(s) of the United States according to segment including: crops, livestock, and farm income. At the core of assessment capabilities for the product are capabilities for analysis of the agricultural sector and markets for the U.S. / Canada is the Agriculture Sector Forecasting Model (ASFM). Complete supply and utilization coverage is provided for wheat, corn, sorghum, barley, oats, soybeans, soybean meal, soybean oil, cotton, rice, hay, and animal protein (beef, pork, poultry, eggs, and dairy). Farming income coverage includes detailed breakdowns of consumer food price indices, agricultural producer price indices, crop costs of production, farm cash receipts and government payments, farm expenses, net farm income, and estimates of the farm balance sheet. In addition, the U.S. Agriculture Service provides projections of acreage, yield, and production for durum wheat, spring wheat, and winter wheat, as well as acreage projections for rye, peanuts, sunflowers, dry edible beans, potatoes, sugar beets, sugar cane, tobacco, canola, millet, and flax. Associated data and information for analysis of these agricultural sectors is important to credible evaluation by USACE of inland waterway flows that support movement form respective farming and agricultural hinterlands to coastal deep-draft ports of export to foreign markets.

Service/Use Features

The executive summary provides a concise overview of U.S. agriculture production, including presentation of crop supply-use tables for major crops, production detail for the livestock sector (cattle, hogs, poultry, and dairy), commodity prices, and farm-income detail (receipts by commodity area, production expenses, government payments, and financial disposition)

· Agriculture Perspectives Service: A weekly e-newsletter highlighting a different outlook area and/or agricultural issue, with quarterly webcasts on important agricultural issues and weekly price updates and visualizations or graphics that are posted for internet or web access

· U.S. crop(s) costs of production by region

· Detailed short-term five-year annual forecasts, updated semi-annually

· Detailed 10-year forecasts, updated semi-annually, typically in May and November of each year

Optional Product 5. U.S. Industry Service; Freight Car, U.S. Industry Service, U.S. Truck &Trailer

These products allow the evaluation of costs for using respective equipment and modes of handling cargo for overland transport. Potentially useful to USACE for evaluation of alternative mode of transport (overland versus waterborne) with potential for evaluation of comparative advantage or performance of sensitivity evaluations regarding competitive influences impacting coastal port or harbor cargo throughput.

Optional Product 6. Pricing & Purchasing Service – Global & Premium

This product is similar to Product 1. Pricing & Purchasing Service, Americas but with a global coverage.

Optional Product 7. GTAS Forecasting Module

The GTAS Forecasting provides market and business planners with in-depth analysis, historical data, and forecasts of bilateral trade between 248 countries and regions across 270 commodities and 16 key indicators (Trade Concepts). It is a database including annual and quarterly frequency data updated every quarter.

In June and September 2021 releases, major enhancements have been introduced to GTAS Forecasting database:

· Supplementing of intra-European trade flows in value and volume broken down by transportation modes: Sea, Air and Overland/Other trade

· Developing new, more detailed Overland/Other transport mode breakdown into four new categories: Rail, Road, Inland Waterway, and Other for selected trade routes

· Providing short-term outlook for eight quarters ahead with quarterly frequency data Get the information and insight you need to size international markets, identify global business risks and opportunities, conduct strategic planning, make confident trade and transportation investment decisions, and secure long-term competitiveness.

· Plan competitive strategies by identifying when specific country and commodity trade will rebound

· Uncover risks and opportunities by analyzing and comparing target markets

· Understand market trends and the economic factors driving them

· Understand factors that could impact economic development and infrastructure plans

· Conduct product line forecasting and benchmark performance Source of data – Global Trade Atlas (GTA).

GTA is a part of IHS Markit, the market-leading database for trade data includes monthly data from 104 reporting countries and annual data for over 200 countries.

Optional Product 8. Economic Analytics Historical Data, Macroeconomic, Financial 200+ Countries This product is comprised of a comprehensive dataset for historical trade flows and related financial value of trade by commodity grouping. Potentially useful to USACE for analysis and formulation of adjustments and benchmarking of both forecasts and hindcasts. Applicable to evaluation of correlation between economic cycles and volume or general nature of trade, and direction of trade flows (i.e., import versus export).