Notice of Intent to Issue Sole Source Award to Markov Processes, Inc.

The U.S. Securities and Exchange Commission (SEC) Office of Acquisition (OA) intends to award a firm-fixed price purchase order on a sole source basis to:

Markov Processes International, Inc.

475 Springfield Avenue, Suite 401, Summit, NJ, 07901

Per Federal Acquisition Regulation (FAR) 13.501(a), The SEC intends to acquire MPI Stylus Pro Enterprise software license, including ancillary Morningstar subscriptions. The MPI Stylus Pro Enterprise is the brand name software from Markov Processes, Inc. The NAICS code is for this acquisition is 511210.

The contracting officer has determined through market research that Markov Processes International Inc. is the only source that can reasonably meet the SEC's requirement. MPI

Stylus uses public data feeds to perform portfolio analysis, specifically returns-based style analysis. Additionally, the software allows for customization to fit specific needs of the SEC.

The period of performance for the purchase order is anticipated to include one twelve month base period, including up to four twelve month option periods. The full period of performance, after exercising of option periods is anticipated to be 60 months.

The SEC intends to award a purchase order to Markov Processes International Inc. on or before September 9, 2022.  

This notice is not a request for competitive quotes and serves as the SEC’s intent to issue a sole source purchase order. A competitive solicitation will not be issued. However, the

Government will give consideration to interested parties with capability to meet SEC requirements or submit quotes by the response deadline as indicated in this notice.