Notification of the SEC’s intent to award a sole source purchase order for Legal News subscription
Closed Special Notice Posted
A later notice was posted: the Limited / Sole Source Justification from .
- Solicitation number
- 50310221Q0045
- Responses due
- Set-aside
- No set-aside
Opportunity facts
- NAICS code
- 5191 Other Information Services
Notice details come from SAM.gov. Updated .
About this opportunity
The Securities and Exchange Commission published a Special Notice to award a sole source purchase order to Portfolio Media Inc. for a legal news subscription. The SEC requires access to proprietary legal news content covering various practice areas that is only available through Portfolio Media's Law360 platform.
The Special Notice is to procure an enterprise subscription to Law360's legal news covering litigation and regulatory developments in key business practice areas. Interested parties have until May 7, 2021 to identify their interest and capabilities to meet the requirement, though a competitive solicitation will not be issued as Portfolio Media is the only source that can provide the required content and delivery method. The anticipated base period of performance is 24 months with three additional 12-month option periods. While the estimated value is below the FAR Part 13 threshold, the SEC will consider responses demonstrating a party's ability to fulfill the requirement.
Notice text
The U.S. Securities and Exchange Commission (SEC) intends to use the procedures of FAR Part 13.501(a) to award a fixed-price purchase order on a sole source basis to Portfolio Media Inc. for enterprise subscription to legal news covering litigation, and legislative and regulatory developments in business practice areas, including but not limited to Securities Law, Capital Markets, Bankruptcy News, Mergers & Acquisitions, and Fintech. Portfolio Media Inc. has been the only source identified that provides the content and the delivery method that fully meets the SEC’s requirements. Portfolio Media Inc. is the only vendor that provides access to Law360’s proprietary content by Law360-exclusive authors. This content is under copyright and is not available from any other source. There are other legal news providers in this space, and the information received via Law360 would complement, not substitute for, information received via other existing SEC subscriptions. In addition, Portfolio Media Inc. can provide enterprise-wide access to just the Law360 platform, thus targeting the content for an enterprise-wide news subscription.
The total estimated value of the contract is below the dollar threshold in FAR 13.5 for the Test Program for Certain Commercial Items. The anticipated period of performance of the contract is a Base Period of 24 months and three Option Periods of 12 months each. The SEC anticipates awarding a purchase order to Portfolio Media Inc. on or about June 5, 2021.
This notice is not a competitive request for proposals. A competitive solicitation will not be issued. However, the government will give consideration to interested parties that identify their interest and capability to respond to the requirement or submit proposals by the response date of this notice.
Notice history
| Notice | Type | Posted |
|---|---|---|
| Notification of the SEC’s intent to award a sole source purchase order for Legal News subscription | Limited / Sole Source Justification | |
| This notice | Special Notice | |
| Legal News Subscription | Pre-Solicitation |
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