Statement of Work.docx

STATEMENT OF WORK (SOW) – Financial Software License

C.0. GENERAL:

C.1. SCOPE: The scope of the contract is to obtain access to a financial software licensing service which will be used by the Trust Fund Accounting and Reporting work center (DFAS-IN/JJAH). The Service must provide real-time financial market data, analytics, and content to be used for investment of trust funds managed by this work center, and must be available via standard internet connectivity. Official Use access may be sub-issued to subject matter experts on the Investment Advisory Committee, as necessary and applicable, for maintaining the data/portfolio information and performing research.

C.1.2. BACKGROUND: The Trust Fund Accounting and Reporting area (JJAH) is responsible for the management of over $1 trillion in investments for DoD, including the investments comprising the Military Retirement Fund and the Medicare Eligible Retiree Health Care Fund. The area is responsible for the day-to-day investment and long term liquidity of these funds, and receives direction and governance through the DoD Investment Board. During FY 2011, DFAS, under direction of the DoD Investment Board, established a three member Investment Advisory Committee (increased to 4 members during FY 2013). The Committee is responsible for recommending future investment strategies and relies on specific investment information to develop the strategy. To that end, the Investment Advisory Committee recommended using a Service to obtain real-time, detailed market data. The use of this service was approved by the DoD Investment Board, chaired by Mrs. Teresa McKay, Director, DFAS, on August 2, 2011 and a contract was in place from 2011 to 2019 with Bloomberg Financial Service. The current contract for the Service has expired and must be procured at this time.

C.2.0. APPLICABLE DOCUMENTS: Reserved

C.3.0. REQUIREMENTS/TASKS: (These are the services/tasks you expect the contractor to provide/perform. What you REQUIRE the contractor to do.)

C.3.1 The period of performance for this contract will be for a period of 1 year with four (4) 1 year option periods.

C.3.2. Contractor shall provide a license for web-based financial software that includes the following specific data elements of market and economic data:

C.3.2.1 Economic research data including, but not limited to history and projections for Real GDP, Consumer Price Index, Fed Funds Rate, Leading Economic Indicators, Treasury Yields, Unemployment Rates, Treasury Inflation Protected Security (TIPS) Breakeven, and TIPS yield spread to Nominal.

C.3.2.2 Ability to track a treasury portfolio at the CUSIP level with appropriate statics on said portfolio, such as yield to maturity, average yield, average duration.

C.3.2.3 Portfolio modeling tools that allow for inflation rates that vary across the life of the TIPS.

C.3.2.4 Treasury Board Advisory Council research and analysis reports.

C.3.2.5 Portfolio stress testing / modeling under various scenarios to obtain information such as value at risk.

C.3.2.6 Real-time treasury pricing and analysis for on-the-run vs. off-the-run treasury securities.

C.3.3. The Service must be accessible from any regular internet connected laptop with the use of security token provided by the Service provider.

C3.4 Contractor must provide telephonic technical support 24 hours per day, seven days per week.

C.4.0. DELIVERABLES: Reserved

C.5.0. GOVERNMENT FURNISHED PROPERTY (GFP): Reserved

C.6.0. GOVERNMENT POINT OF CONTACT (GPOC) OR CONTRACTING OFFICER’S REPRESENTATIVE (COR):

C.6.1: Government Point of Contact (GPOC)

Coralita Jones Director, Trust Funds Accounting and Reporting 8899 E 56th Street Col 322W-1 Indianapolis, IN 46249 317-212-5524

C.7.2 Contracting Officer’s Representative (COR)

Lori Haines 8899 E 56th Street Room 322W-1 Indianapolis, IN 46249 317-212-4956