Notice of Intent to Sole Source Digital Access to Bloomberg News
Closed Special Notice Posted
- Solicitation number
- PROGC240080
- Responses due
- Set-aside
- No set-aside
Opportunity facts
- NAICS code
- 519290 Web Search Portals and All Other Information Services
- 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 regarding its intent to award a sole source purchase order to Bloomberg L.P. for 36 licenses to Bloomberg News. Bloomberg News provides the CFTC's Division of Market Oversight with up-to-date information and insights on global financial markets, which are necessary for the Commission's risk analysts, economists, and attorneys to effectively oversee the commodities and futures markets.
The purpose of this Special Notice is to provide public notification of the CFTC's intent to procure this requirement on a sole source basis under FAR 13.106-1(b)(1) and 41 U.S.C. 3304(a)(1), as Bloomberg L.P. 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 August 26, 2024, but oral communications are not acceptable. The information received will be used solely for the purpose of market research, and a determination not to compete this requirement is at the sole discretion of the government.
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/proposals.
The Commodity Futures Trading Commission (CFTC) intends to award a purchase order to Bloomberg L.P. on a sole source basis to acquire 36 licenses to Bloomberg News. Bloomberg News provides first access to events happening in global market, and provides coverage of companies, industries, economies and governments worldwide. The CFTC’s Division of Market Oversight (DMO) uses Bloomberg News to provide necessary and up to date information and insight on financial markets that assist the Commission’s risk analysts, economists and attorneys oversee the commodities and futures markets. This requirement includes a 12-month base period and four (4) 12-month option periods. The base period of performance of the order will be September 1, 2024 through August 31, 2025.
Bloomberg L.P. 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 PROPOSALS nor a solicitation of offers. However, the Government will consider written responses from all responsible sources received by 12:00pm ET, August 26, 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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