Group License Subscription for Bloomberg. com

Closed Special Notice Posted

Agency
Responses due
Set-aside
No set-aside

Opportunity facts

NAICS code
519290 Web Search Portals and All Other Information Services

Notice details come from SAM.gov. Updated .

About this opportunity

This Special Notice from the Federal Housing Finance Agency announces its intent to award a sole source contract to Bloomberg Finance L.P. for a Group License Subscription to Bloomberg.com. The service provides real-time and delayed financial information through an interactive system with analytical tools and adjustable displays covering a variety of financial data and news.

The Special Notice seeks to negotiate a firm fixed price purchase order with Bloomberg Finance L.P. to provide its Group License Subscription for Bloomberg.com for one base year with four one-year option periods. Interested parties may submit capability statements by October 12, 2023 for consideration, however, the Agency has determined Bloomberg Finance L.P. is the only source that can reasonably meet its requirements based on the unique depth and capabilities of tools, news archive, and aggregated financial data offered through the Bloomberg platform. Any responses received will only be considered to determine whether to competitively procure the requirement, with award of the sole source contract remaining at the Agency's discretion.

Notice text

The Federal Housing Finance Agency (FHFA) intends to negotiate and award a firm fixed price purchase order on a sole source basis to Bloomberg Finance L.P., 731 Lexington Avenue, New York, New York 10022-1331.  FHFA has a requirement for a Group License Subscription for Bloomberg.com, including a commercial interactive information system delivering a continuous data feed of real-time and delayed current and historical domestic and international financial information. The NAICS code is 519290.  The Contracting Officer has determined that Bloomberg Finance L.P. is the only source that can reasonably meet the FHFA’s requirement in accordance with FAR Part 13.106-1(b)(1).

Bloomberg provides a unique information service that aggregates a wide variety of financial data and news from multiple sources (including their own copyrighted news) and makes them available in a timely manner on a platform that includes analytical tools and adjustable displays. This depth, available tools and breadth of the news archive offered through this service is available only from Bloomberg. Bloomberg is the only source that provides the required service and capabilities that meet the FHFA’s requirements.

The period of performance for this purchase order is anticipated to be one (1) base year with four (4) one (1) year options.

FHFA’s intends to solicit and negotiate with only one source under the authority of FAR Subpart FAR 13.106-1(b)(1) in accordance with 41 U.S.C. 1901(e)(2).  Interested sources may submit a capability statement, proposal, or quotation which will be considered by the agency. This notice of intent is not a request for competitive proposals. The Government will not be responsible for any cost incurred in preparation of statements, proposals, or quotations. A determination by the Government not to compete this proposed purchase order based upon responses to this notice is solely within the discretion of the Government. Information received will normally be considered solely for the purpose of determining whether to conduct a competitive procurement. No solicitation or additional information will be made available with regard to this sole source notice.

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