PUR_7776_2627-02 SS OFR_updated.pdf

PUR 7776 (Revised 07/2022) Page 1 of 2 Incorporated by Reference: Rule 60A-1.045, F.A.C.

DESCRIPTION OF INTENDED

SINGLE SOURCE PURCHASE

(PUR 7776)

AGENCY: Department of Financial Services, Office of Financial Regulation

TITLE: Chainalysis Reactor: The Blockchain Data Platform Short description of the commodity or service desired: Intelligence and risk management tool to trace the movement of cryptocurrency

CONTACT

Name: Rebecca D. Hale Address: 200 E. Gaines Street, Tallahassee, Florida 32399 Telephone: 850-413-2070 Email: DFSPurchasing@myfloridacfo.com

Internal tracking number, if any: 2627-02 SS OFR

Date posted: 10/8/26 Last day for receipt of information: 10/29/26 10/30/26

This description of commodities or contractual services intended for purchase from a single source is posted in accordance with Sections 120.57(3) and 287.057(3), Florida Statutes (F.S.), and will remain posted for a period of at least 15 business days.

Commodity or Contractual Service Required (commodity or United National Standard Products and Services Code (UNSPSC), manufacturer, model, and description, as appropriate):

81112200: Software maintenance and support

Quantity or Term (as appropriate):

3 years (February 1, 2027 – January 31, 2030)

Requestor (division, bureau, office, individual, as appropriate):

Office of Financial Regulation (OFR), Bureau of Financial Investigation (BFI)

Performance and/or Design Requirements (e.g. intended use, function or application, compatibility, requirements; reference to policy, rule, statute or other act of the Legislature, etc., as appropriate):

The OFR intends to contract with Chainalysis Government Solutions, LLC (“CGS”), a wholly owned subsidiary of Chainalysis Inc.’s Chainalysis Reactor platform for intelligence collection and cryptocurrency tracing. Software Chainalysis Reactor provides blockchain data and analytical software used by law enforcement, government agencies, and financial institutions to investigate cryptocurrency-based crime, trace illicit funds, and attribute anonymous wallet addresses to real-world entities. The software is considered mission critical to the OFR’s BFI statutorily mandated duties and will aid in the BFI’s efforts in conducting investigations involving cryptocurrencies. This product uses accurate and comprehensive cryptocurrency analytics tools and dataset, and broad advisory, investigative, and data analytics services, meaning Chainalysis Inc. and CGS (collectively, PUR 7776 (Revised 07/2022) Page 2 of 2 Incorporated by Reference: Rule 60A-1.045, F.A.C.

“Chainalysis”) provide numerous unique offerings that enable effective investigations related to blockchain technology and the financial aspects of criminal activity.

Intended Single Source:

Chainalysis Government Solutions, LLC (“CGS”), a wholly owned subsidiary of Chainalysis Inc.

Estimated Dollar Amount:

$230,485.46 (Year 1 - $74,569.04, Year 2 - $76,806.12, Year 3 - $79,110.30)

Justification for single source acquisition (what is necessary and unique about the product, service or source; steps taken to confirm unavailability of competition, as appropriate):

The Chainalysis platform is the industry standard for cryptocurrency tracing in the area of financial investigations. The company provides intelligence and risk management tools to assist investigators and managers in the determination of case action for complaints received in the OFR, BFI. Chainalysis is the only authorized provider of these unique capabilities, which include:

- Data Quality: Daubert Ruling and Academic Review;

- Data Coverage: Blockchains, Geolocation, and Privacy Coins;

- Blockchain Intelligence Insights: Crypto Investigations (Reactor), Data Solutions, Data Subscriptions, Hexagate, Alterya, Wallet Scan, and Labs;

- Industry Specialization: Subject Matter Experts (SMEs), Training, and Integration.

Industry competitors include TRM Labs and Elliptic, both of which were contacted and provided demonstrations and free trials of their products. It was determined Chainalysis best meets the needs of the BFI based on response time and investigator-sharing capabilities.

Approved By (names & titles, as appropriate, e.g., requestor, requestor management, information systems, budget, purchasing):

Rebecca D. Hale, Government Analyst II, Office of Purchasing and Contractual Services Alex Toledo, Chief, Bureau of Financial Investigations, OFR Ryann White, Senior Attorney, OFR, Office of General Counsel Scott Stewart, Chief Information Officer, DFS

Prospective vendors are requested to provide information regarding their ability to supply the commodities or contractual services described. If it is determined in writing by the agency, after reviewing any information received from prospective vendors, that the commodities or contractual services are available only from a single source, the agency shall provide notice of its intended decision to enter a single-source purchase contract in the manner specified in Rule 60A-1.045, Florida Administrative Code, and section 120.57(3), F.S.