Notice of Intent to Sole Source - Factset
Closed Special Notice Posted
A later notice was posted. The latest for this opportunity is the Limited / Sole Source Justification from . See the latest notice
- Agency
- Office of the Comptroller of the Currency Department of the Treasury
- Responses due
- Set-aside
- No set-aside
Opportunity facts
- NAICS code
- 513210 Software Publishers
- Place of performance
- Washington, District of Columbia, United States
Notice details come from SAM.gov. Updated .
About this opportunity
The Office of the Comptroller of the Currency intends to issue a sole source contract to FactSet Research Systems, Inc. for the renewal of existing licenses for FactSet data and software. The OCC requires this proprietary financial information and software to oversee the financial industry.
The Special Notice provides details on the OCC's intent to sole source a contract renewal to FactSet for licenses to financial data and software covering the period from October 1, 2024 to September 30, 2025, with the possibility of four one-year extensions. Interested parties are requested to provide pricing and technical documentation by August 31, 2023 establishing their ability to meet the requirement, however, as this is a sole source notice, a competitive solicitation will not be issued. The proprietary FactSet software aggregates and manipulates financial data to provide option-adjusted bond yields, stock prices, and industry betas required by the OCC for its regulatory functions.
Notice text
The Office of the Comptroller of the Currency (OCC), a bureau of the Department of the Treasury, intends to issue a sole source contract utilizing FAR 13.5 Simplified Procedure for Certain Commercial Items, to FactSet Research Systems, Inc., 45 Glover Ave, Suite 700 Floor 1, Norwalk, CT 06850. The purchase order will renew the OCC's existing licenses for FactSet data and software. The OCC requires financial information that includes option-adjusted bond yield spreads, stock prices, and betas for the financial industry the agency oversees. FactSet's proprietary software provides the data and the ability to aggregate and manipulate the data from them and outside sources. The initial period of performance for this requirement is October 1, 2024 through September 30, 2025, with four one-year option periods.
This notice of intent is not a request for competitive quote; a solicitation document will not be issued. All information received by requested date with pricing and sufficient technical documentation to establish a bona fide capability to meet the requirement will be considered by the OCC. A determination not to compete this proposed contract action based upon response to this notice is solely within the discretion of the OCC. Information received will be considered primarily for the purpose of determining whether to conduct a competitive procurement.
Notice history
| Notice | Type | Posted |
|---|---|---|
| Notice of Intent to Sole Source - Factset-Justification | Limited / Sole Source Justification | |
| Notice of Intent to Sole Source - Factset | Special Notice |
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