WSJ Bankruptcy Pro - LSJ Redacted.pdf

Revised: 03/26/2018 - Older versions are obsolete and should not be used. Page 2

PBGC's Information Center possesses a need to offer a news subscription to internal stakeholders, specifically tailored to bankruptcy. Dow Jones's product, WSJ Pro Bankruptcy, is a premium membership subscription service that offers up to date information on bankruptcy, business, and other points of interest for PBGC employees throughout various departments. To determine whether there were other subscriptions that could provide PBGC with the complete bankruptcy information that it requires, comparable subscriptions were identified and compared to the WSJ Pro Bankruptcy subscription service. These three subscriptions are provided through the Washington Post, the New York Times, and Thomson Reuters.

1. The Washington Post: The Washington Post is a news journal that offers coverage on world events, politics, and local events in DC, Maryland, and Virginia. In searching The Washington Post, only two articles regarding bankruptcy had been published in the previous seven days. In comparison, WSJ Pro Bankruptcy published over ten articles in addition to the daily bankruptcy newsletter.

2. The New York Times: Additionally, another news source, The New York Times, was compared with WSJ Pro.

Although, The New York Times possessed comparable coverage of bankruptcy news, there were no additional features that contain data on distressed companies or companies that have filed for Chapter 11 bankruptcy.

3. Thomson Reuters: Reuters, a news coverage division of Thomson Reuters, was identified and compared to WSJ Pro Bankruptcy. Although Reuters did cover some bankruptcy news, they did not have a dedicated bankruptcy news section or a daily newsletter for bankruptcy headlines.

As a result of the above, PBGC determined that WSJ Bankruptcy Pro is the only source that can provide PBGC with the full bankruptcy information and coverage it requires. The WSJ Pro Bankruptcy offers dedicated bankruptcy newsletter sent every business day, the option to sign up for live alerts on bankruptcy news, distressed company screener tool, and listings of companies that have filed for Chapter 11 Bankruptcy filings.

Not applicable to sole source procurements at or below the SAT.

Determination: A determination that the cost/price is fair and reasonable will be made by the Contracting Officer before the contract action is issued.

Not applicable to Sole Source procurements at or below the SAT.

6. DESCRIPTION OF EFFORTS MADE TO ENSURE THAT QUOTATIONS/OFFERS ARE SOLICITED FROM

AS MANY POTENTIAL SOURCES AS PRACTICABLE

7. DETERMINATION BY THE CONTRACTING OFFICER THAT THE ANTICIPATED COST TO THE

GOVERNMENT WILL BE FAIR AND REASONABLE

8. DESCRIPTION OF THE MARKET RESEARCH CONDUCTED AND THE RESULTS, OR A STATEMENT

OF THE REASON MARKET RESEARCH WAS NOT CONDUCTED

9. ANY OTHER FACTS SUPPORTING THE USE OF SOLE SOURCE

10. LISTING OF SOURCES, IF ANY, THAT EXPRESSED, IN WRITING, AN INTEREST IN THE ACQUISITION

11. A STATEMENT OF THE ACTIONS THE AGENCY MAY TAKE TO REMOVE OR OVERCOME ANY

BARRIERS TO COMPETITION BEFORE MAKING ANY SUBSEQUENT ACQUISITION FOR THE

SUPPLIES OR SERVICES REQUIRED

12. TECHNICAL OR REQUIREMENTS PERSONNEL’S CERTIFICATION