PUR7776.pdf

DESCRIPTION OF INTENDED

SINGLE SOURCE PURCHASE

(PUR 7776)

AGENCY: Executive Office of the Governor

TITLE: Economic Data Licenses Short description of the commodity or service desired: Online Subscription & Licensing for US Economic Data.

CONTACT

Name: Katie Wagner, Purchasing Director Address: 400 S. Monroe Street, LL05 The Capitol Tallahassee, Florida 32399-0001 Telephone: 850-717-9210 Email: katie.wagner@eog.myflorida.com

Internal tracking number, if any: EOG-FY25-01

Date posted: 6/4/2024 Last day for receipt of information: 6/25/2024

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, 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):

55111600 Electronic Software Reference Material

Quantity or Term (as appropriate):

One (1) Year; July 1, 2024 - June 30, 2025

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

Office of Policy and Budget - Five (5) Concurrent Users

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 economic forecasts from IHS are an excellent resource that the EOG has used for decades to create economics forecasts for Florida. Not only does IHS Markit provide the data, but they also provide the EOG with Eviews, which is a statistical application that houses the data and allows us to create forecasts for many different tax sources as statutorily mandated. EOG's counterparts at the Legislative Office of Economic and Demographic also use the same data source. This allows the EOG to use the same data history in developing consensus forecasts. An alternative data source would severely hinder developing consensus economic forecasts with the Legislature. In addition to providing the data and the software, IHS Markit also provides

PUR 7776 (01/16) Page 1 of 2 60A-1.045, F.A.C.

PUR 7776 (01/16) Page 2 of 2 60A-1.045, F.A.C.

commentary, news and analysis of economic conditions which help the EOG with policy analysis and development.

Intended Single Source:

IHS Global Inc.

Estimated Dollar Amount:

$40,895.40

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):

IHS Global Inc. offers proprietary data that meets the agency requirements identified above. No other system has been identified with the same features.

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

Dawn Hanson Administration Director

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 Section 120.57(3), F.S.