Notice of Intent to Sole Source Advance Trading Risk Management & Market Guidance Platform
Closed Special Notice Posted
- Solicitation number
- PROGC240037
- Responses due
- Set-aside
- No set-aside
Opportunity facts
- NAICS code
- 513120 Periodical Publishers
- Place of performance
- Washington, District of Columbia 20581, United States
- Points of contact
Notice details come from SAM.gov. Updated .
About this opportunity
The Commodity Futures Trading Commission (CFTC) has published a Special Notice indicating its intent to award a sole source purchase order to Advance Trading, Inc. for a 12-month base period, with two 12-month option periods, to renew a license for the Advance Trading platform. This platform evaluates risk and determines appropriate strategies to manage the risk environment for corn, wheat, and soybeans.
The purpose of this Special Notice is to inform the public of the CFTC's intent to procure this requirement on a sole source basis, as Advance Trading, Inc. is the only known source for these services, and the CFTC is unaware of any alternative solutions. The CFTC will consider written responses from all responsible sources received by 12:00pm ET on April 25, 2024, but oral communications are not acceptable. The information received will be used solely for market research purposes, and the decision not to compete this requirement is at the sole discretion of the government. No formal solicitation package is available, and the government will not be responsible for any costs of preparation in response to this announcement.
Notice text
This notice is being published in accordance with Federal Acquisition Regulation (FAR) Subpart 5.101 requiring dissemination of information for proposed contract actions. This is a notice of intent to award a sole source purchase order, and is not a request for competitive quotes.
The Commodity Futures Trading Commission (CFTC) intends to award a purchase order to Advance Trading, Inc. on a sole source basis to renew one (1) concurrent license to the Advance Trading platform which evaluates risk and determines appropriate strategies to manage that risk environment for corn, wheat, and soybeans. This requirement includes a 12-month base period and two (2) 12-month option periods. The base period of performance of the order will be May 1, 2024 through April 30, 2025.
Advance Trading, Inc. is the only known source for these services and the CFTC is unaware of any alternative solutions. The Government intends to procure this requirement under FAR 13.106-1(b)(1) and 41 U.S.C. 3304(a)(1) – “the property or services needed by the executive agency are available from only one responsible source and no other type of property or services will satisfy the agency requirements.” THIS NOTICE IS NOT A REQUEST FOR COMPETITIVE QUOTATIONS nor a solicitation of offers. However, the Government will consider written responses from all responsible sources received by 12:00pm ET, April 25, 2024. Written responses must include sufficient information to establish capability to fulfill the requirement. Oral communications are not acceptable in response to this notice. Information received will be considered solely for the purpose of Market Research. A determination not to compete this requirement is solely at the discretion of the Government. No formal solicitation package is available. The Government will not be responsible for any costs of preparation in response to this announcement.
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| Opportunity | Agency | Set-aside | Responses due |
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| Notice of intent to sole source – financial times limited | International Trade Commission | No set-aside | |
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