Sole Source Justification_50310222P0003_Redacted.pdf
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- Solicitation number
- 50310222P0003
- Issued by
-
Securities and Exchange Commission
About this file
This document is a sole source justification for a contract award by the Securities and Exchange Commission. The SEC intends to award a sole source purchase order to S&P Global Market Intelligence LLC for a subscription to leveraged loan data. The justification cites market research showing S&P Global Market Intelligence LLC is the only source that fully meets the SEC's requirements. A synopsis was posted to the GPE in accordance with FAR 5.201 to notify the public of the SEC's intent to make this sole source award. The anticipated price is determined to be fair and reasonable based on a review of market estimates. No other sources expressed interest in this acquisition.
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6. A description of efforts made to ensure that offers are solicited from as many potential sources as is practicable, including whether a notice was or will be publicized as required by Subpart 5.2 and, if not, which exception under 5.202 applies.
The SEC Office of Acquisitions (OA) posted a Synopsis on betasam.gov in accordance with FAR 5.201 that provides notification of the SEC’s intent to award a sole source procurement to S&P Global Market Intelligence LLC for this requirement. The SEC will review and give consideration to any response received.
7. A determination by the contracting officer that the anticipated cost to the Government will be fair and reasonable.
The Contracting Officer has determined that the anticipated price will be fair and reasonable based on review of market research price estimates.
8. A description of the market research conducted (see part 10) and the results or a statement of the reason market research was not conducted.
Several subscription products were reviewed by the SEC through market surveys and internet searches. S&P Global Market Intelligence LLC was the only source identified that fully meets the SEC’s requirements.
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:
There have been no other sources that have expressed interest in this acquisition. If another sources expresses interest in this acquisition, the company’s information 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.
File details come from the government source that posted it. Updated .