Notice of Intent to Award to IBISWORLD, Inc. for ProcurementIQ
Closed Special Notice Posted
- Solicitation number
- NoticeofIntent_FRA_ProcurementIQ
- Agency
-
Federal Railroad Administration
Department of Transportation
- Responses due
- Set-aside
- No set-aside
Opportunity facts
- NAICS code
- 541910 Marketing Research and Public Opinion Polling
- PSC
- 7630 Newspapers And Periodicals
- Place of performance
- Washington, District of Columbia, United States
- Points of contact
Notice details come from SAM.gov. Updated .
About this opportunity
The Federal Railroad Administration (FRA), part of the Department of Transportation, has issued a Notice of Intent to Award a sole-source contract to IBISWORLD, Inc. for a ProcurementIQ Procurement Team Subscription. This is a firm-fixed-price contract for a 12-month subscription with two additional 12-month option periods. The notice represents FRA's intention to restrict competition and award directly to IBISWORLD without open competition. The contract falls under NAICS code 541910 for Marketing Research and Public Opinion Polling and PSC code 7630 for Newspapers and Periodicals. The notice was posted on September 19, 2025.
The purpose of this procurement is to acquire a comprehensive web-based market intelligence platform that provides procurement research across more than 1,000 products and services. The subscription must include capabilities such as price benchmarks, total cost of ownership analysis, supplier risk assessments, SOW/RFP templates, supplier profiles, financial data, custom reports, and dedicated analyst support. FRA has determined that IBISWORLD's ProcurementIQ is the only commercial product capable of meeting their specialized market research requirements, citing unique features like consistent research methodology, direct procurement applicability, comprehensive supplier intelligence, and web-based accessibility with dedicated client management. Interested parties may submit capability statements, proposals, or quotations via email to jennifer.wilsnack@dot.gov by October 3, 2025, though the government will not be responsible for any costs incurred in responding. No specific set-aside designation applies to this procurement opportunity.
Notice text
The Federal Railroad Administration (FRA) intends to restrict competition and award a firm-fixed-price contract to IBISWORLD, Inc. for one 12-month ProcurementIQ Procurement Team Subscription with two 12-month option periods. Refer to the attachment for additional details.
Files
| File | Type | Posted |
|---|---|---|
| Notice of Intent to Award to IBISWorld Inc for ProcurementIQ Subscription.pdf |
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