Intent to Sole Source to Bloomberg Finance, LLC, for Real-Time Financial Terminal Subscription Services
Closed Special Notice Posted
- Solicitation number
- 1605C5-24-Q-00028
- Agency
-
Office of the Assistant Secretary for Administration and Management
Department of Labor
- Responses due
- Set-aside
- No set-aside
Opportunity facts
- NAICS code
- 541990 All Other Professional, Scientific, and Technical Services
- Place of performance
- Washington, District of Columbia, United States
- Points of contact
Notice details come from SAM.gov. Updated .
About this opportunity
The Department of Labor (DOL), Bureau of Labor Statistics (BLS), Producer Prices Index/Office of Price & Living Conditions (PPI/OPLC) intends to award a sole source contract to Bloomberg Finance, LLC to provide access to Bloomberg's Terminal subscription services. This notice is being published in accordance with Federal Acquisition Regulation (FAR) Part 5.101(a)(1) to disseminate information on the proposed contract action.
The purpose of this Special Notice is to inform interested parties of the DOL's intent to award a sole source, firm fixed price contract to Bloomberg Finance, LLC under Simplified Acquisition Procedures. The contract is for access to Bloomberg's proprietary data, research, and analytical tools to support the PPI/OPLC's calculation, publication, and analysis of various industry price indexes. The estimated contract value is $53,160 for two Bloomberg Terminal subscriptions. Interested parties may identify their interest and capability to meet the requirement by responding to Rachael Vargas at Vargas.Rachael.N@dol.gov no later than July 17, 2024. The government reserves the right to make a determination not to compete this requirement based on the responses received.
Notice text
Subject: Award a Sole Source Contract to Bloomberg Finance, LLC.
FAR 6.302-1 - Only one responsible source (except brand name)
The Department of Labor (DOL), Bureau of Labor Statistics (BLS), Producer Prices Index/Office of Price & Living Conditions (PPI/OPLC) intends to award a sole source contract under the authority of FAR 6.302-1 for access to Bloomberg terminal subscriptions.
This notice is being published in accordance with Federal Acquisition Regulation (FAR) Part 5.101(a)(1) requiring the dissemination of information on proposed contract actions. This is a notice of intent to award a sole-source contract and is not a request for competitive proposals.
The proposed contract is for Bloomberg Finance, LLC.
The Government intends to solicit and negotiate with only one source under Simplified Acquisition Procedures (SAP), pursuant to the statutory authority of 10 U.S.C. 2304(c)(1) as implemented by FAR 13.106-1(b)(1)(i). For purchases not exceeding the simplified acquisition threshold, contracting officers may solicit from one source if the contracting officer determines that the circumstances of the contract action deem only one source reasonably available.
The PPI/OPLC intends to award a sole source, firm fixed price contract to Bloomberg Finance, LLC, 731 Lexington Avenue, New York, NY 10022, to provide access to Bloomberg's Terminal subscription.
The anticipated North American Industry Classification System (NAICS) Code is 541990 with the associated size standard of $20M
This notice of intent is not a request for competitive proposals. Interested parties may identify their interest and capability to meet all aspects of the requirement. Responses should be addressed to, Rachael Vargas at Vargas.Rachael.N@dol.gov, no later than Wednesday, July 17, 2024 at 5:00 p.m. EDT. A determination not to compete this requirement, based upon responses to this notice, is solely within the discretion of the Government.
Files
| File | Type | Posted |
|---|---|---|
| Justification for Less Than Open Competition (Bloomberg 2024)_Final.pdf |
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