Sole Source Justification_50310220P0037_Redacted.pdf

o U.S. Corporate (Investment Grade and High Yield) o U.S. Municipal Bonds o U.S. Convertible Bonds o ETNs o Foreign Government Bonds o Foreign Corporate Bonds o Eurobonds

Options, including:

o Options on U.S. Equities, Fixed Income, Indices and VIX o Global Equity and Fixed Income Options, as available

Futures, including:

o U.S. Index, Fixed Income, and Commodity Futures o Global Index, Fixed Income, and Commodity Futures

Exchange Rates:

o Daily foreign currency exchange rates to USD. Exchange rates for any given currency on any given date, and query shall support providing New York, London, or Tokyo mid-rate.

The requirement shall also include bond liquidity data needed by the SEC data to build models to calculate bond liquidity of bonds held by registered funds, which is necessary for the SEC to evaluate bond funds.

The SEC requires these services over a five (5) year period. The estimated value is

4. An Identification of the statutory Authority for Other Than Full and Open Competition:

FAR Part 13.5 in accordance with 41 U.S.C. 1901, only one responsible source and no other supplies or services will satisfy agency requirements.

5. A demonstration that the proposed contractor’s unique qualifications or the nature of the acquisition requires use of the authority cited:

ICE Data Pricing & Reference Data, LLC is the only known source that can meet all of the SEC’s requirements including historical data, formatting requirements for easy ingestion of the data by SEC systems, and data query requirements so that the data can be queried by SEC end users without significant additional setup. The SEC issued a Sources Sought Notice for this requirement and received responses from interested sources; however, ICE Data Pricing & Reference Data, LLC is the only source identified capable of meeting all of the SEC’s specifications for historical data, formatting and query requirements. Section 8 provides details on the SEC’s review of responses to the Sources Sought Notice.

The SEC sent a courtesy notification to ICE and the other three companies identified as potential sources when the Sources Sought Notice was posted on betasam.gov. The SEC received responses from all four of these companies and did not receive responses from any other source.

The SEC Quantitative Analytics Unit (QAU) reviewed each response. The sample data, description of delivery mechanism, and listing of equities coverage requested in the Sources Sought was used by QAU to assess each respondents’ capability to meet the requirement. QAU concluded that ICE Data Pricing & Reference Data, LLC is the only source that demonstrated it is capable of meeting all of the SEC’s specifications.

9. Any other facts supporting the use of other than full and open competition:

None.

10. A listing of the sources, if any that expressed, in writing an interest in the acquisition:

A listing of any sources that express interest in this acquisition will be maintained in the contract file.

11. A statement of the actions, if any, the agency may take to remove or overcome any barriers to competition before any subsequent acquisition for the supplies or services required:

The SEC will perform market research for future acquisitions for the purpose of verifying the sole source nature of this requirement.

12. Required Signatures:

TECHNICAL & REQUIREMENTS CERTIFICATIONS: I certify that the facts and representations which form the basis for this justification are accurate and complete.

CONTRACTING OFFICER CERTIFICATION: I certify that this justification is accurate and complete to the best of my knowledge and belief.

General Counsel Review Based upon the facts and rationale presented herein, this justification appears legally sufficient.

Procuring Activity Competition Advocate Approval: I have reviewed this justification and find it to be accurate and complete to the best of my knowledge and belief.

Since this justification does not exceed $13.5M, this review serves as approval.

Approved: