SON-NETS_FY21.pdf

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Statement of Need For

The Purchase of National Establishment Time Series (NETS) Data

Section 1- Introduction/Background

The Bureau of Economic Analysis (BEA), as the nation’s accountant and one of the world’s leading statistical agencies, produces measures of the U.S. economy, conducts research and analysis, develops and implements estimation methodologies and disseminates statistics to the public. In order to promote a better understating of the local area economies and respond to the growing needs of BEA’s data users, statistics, methodologies, and underlying source data are constantly evaluated and improved.

The national establishment time series (NETS) employment by establishment data is an effective tool for the computation, evaluation, and quality control of sub-national economic statistics. This data contributes to the fulfillment of BEA’s need to acquire supplemental data to help ensure the statistics produced by BEA are accurate, relevant, and timely.

Section 2 - Statement of Objectives

The objective of this procurement is to obtain a database of financial and payroll data, chain of ownership, merger, and acquisition activity for private and publicly traded establishments. The data will be used to clarify the industry structure of each state and allow BEA to make better estimates of industry shares at a sub-national level, improving the estimation and analysis of sub-national GDP statistics.

These data will supplement the source data currently used in the computation of regional GDP statistics. In addition to other applications, BEA plans to use this data to fulfill its contractual obligation to continue producing estimates of output and value added for U.S. industries included in the Arts and Cultural Production Satellite Account funded by the National Endowment for the Arts.

Section 3 - Period of Performance

From date of award through delivery of data on or before March 31, 2021 and a two-year subscription to the database.

Section 4 - Technical Specifications and Deliverables

Pricing Evaluation Service: Data

Time period the data covers:

• From January 1990 and onward Frequency of the data: Annual Granularity: Establishment level

National Establishment Time Series (NETS)

• Business name, address and contact information

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• Headquarters linkages (including the D-U-N-S Number of the topmost domestic firm in a "Family Tree" of companies, as well as the parent company and headquarters;

number of establishments reporting to a headquarters; and whether the ownership has changed 1990-present).

• Number of establishments related to each establishment in its final year.

• Years when business was active and year business started.

• Industry classification (primary SIC, two secondary SICs, and whether the primary market changed 1990-present).

• Type of establishment (Single location, headquarters, or branch; public or private;

legal status: proprietorship, partnership, corporation or non-profit and "cottage" businesses).

• Employment at location and job growth relative to peers (3-digit SIC).

• Estimated annual sales at the establishment and its sales growth relative to peers.

• D&B credit ratings and PayDex Scores

• Special indicators: foreign-owned, import/export, government contracts, minority-owned, women-owned, and gender of officer.

NETS Pricing

Delivery Schedule: Initial data are to be delivered on or before March 31, 2021.

Section 5 - Contracting Officer Representative (COR)/Contracting Officer Technical Representative (COR)

A. CONTRACTING OFFICER’S REPRESENTATIVE (COR)

Wendy Graves is hereby designated as the Contracting Officer’s Representative (COR). The COR may be changed at any time by the Government without prior notice to the contractor by a unilateral modification to the contract.

The COR is located at:

Bureau of Economic Analysis 4600 Silver Hill road Suitland, MD 20746 Email: procurement@bea.gov Phone #: (301) 278-9013

Alt COR is Vanessa Clark

(301) 278-9697