Financial Data Analysis Subscription Service
Awarded Limited / Sole Source Justification Posted
- Solicitation number
- 2032H5-20-C-00055
- Agency
- Internal Revenue Service Department of the Treasury
- Set-aside
- No set-aside
Opportunity facts
- Contract number
- 2032H5-20-C-00055 Federal contract award
- NAICS code
- 519130 Internet Publishing and Broadcasting and Web Search Portals
- PSC
- R702 Support- Management: Data Collection
- Place of performance
- New York Ny Usa
Notice details come from SAM.gov. Updated .
About this opportunity
The Internal Revenue Service published a Limited/Sole Source Justification Notice to award a contract to S&P Global Market Intelligence LLC to provide online access to a commercial financial data product. The justification cites S&P as the only source capable of meeting the IRS's needs for standardized historical US and foreign company financial records, SEC filings, and other data to examine corporate transactions over a two year period of performance from September 2020 to September 2022. Market research found no other vendors could meet all requirements, and losing access to S&P's data library could result in over $24 billion in lost tax revenue. The anticipated cost to the government was deemed fair and reasonable.
Notice text
The Internal Revenue Service has awarded a sole source requirement to S&P Global Market Intelligence LLC under FAR 15 for Financial Data Subscription. The need date for this subscription is September 30, 2020. The period of performance will be September 30, 2020 – September 29, 2022.
The proposed requirement is to provide online access to a commercial off the shelf (COTS) financial data product that has been standardized and modified for year to year research. The data includes US and Foreign company financials, business descriptions, SEC filings, Non-Public filings from the banking industry, Foreign Government Filings, Press Releases, Analysts Reports, company organization charts, ratio analysis, and financial charts. The purpose of these products is to examine corporate financial records and transactions.
Please see the attached Justification for Other Than Full and Option Competition for additional information.
Awarded contract 2032H5-20-C-00055 to unknown vendor for unknown amount on 2020-09-29.
Attachments
| File | Type | Posted |
|---|---|---|
| I_4 2020-IRS-0172- JOFOC.docx | DOCX document |
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