ARGUS MEDIA Subscription

The Department of the Interior Departmental Offices Interior Business Center issued a justification for other than full and open competition on July 31, 2026, for a sole-source acquisition of daily crude oil and coal market reports from Argus Media Inc., with a response deadline of August 10, 2026. The Office of Natural Resources Revenue requires crude oil market intelligence covering the U.S. Gulf coast, midcontinent, west coast, Canada, and Latin America with spot market prices, volume-weighted averages, deal listings, and full market commentary; and U.S. coal market intelligence including spot market assessments for physical and over-the-counter coal with daily standardized trading product assessments and weekly assessments of less-liquid transactions. All data must be delivered via a functional Application Programming Interface for audit compliance and market analysis. The requirement is structured as a single-award, firm-fixed-price purchase order under existing vehicle 140D0421P0212, with a base year and four option years running from October 1, 2026, through September 30, 2031. Argus Media is the only known capable vendor providing this proprietary data; ONRR must subscribe to the same Price Reporting Agency publications that oil and coal companies use in their contracts to verify royalty calculations during federal audits. The statutory authority is 41 U.S.C. 1901 as implemented by FAR 12.102(b). The combined synopsis/solicitation and this justification will be posted publicly within 14 days of award.