Compustat database

The State University of New York (SUNY) at Stony Brook is seeking to procure a Compustat database through a discretionary procurement under NYS Education Law Section 355 (5)(a). The database will provide standardized financial and market data for North American and global companies, including comprehensive financial statements such as income statements, balance sheets, and cash flow statements. The database will be accessible through Wharton Research Data Services (WRDS), indicating a digital platform delivery mechanism. The procurement is specifically for Suffolk County and all New York State counties, with Stony Brook University serving as the primary institution. The contract opportunity is posted on March 25, 2025, with a firm submission deadline of April 15, 2025, at 8:00 AM. Interested parties are required to contact the Procurement Department directly to discuss specific details and specifications, and notably, no sealed bid process will be conducted for this procurement.

The contract opportunity does not include any specific set-aside designations for disadvantaged, minority, women-owned, or service-disabled veteran-owned businesses, with all sub-contracting goals set at 0%. The procurement has a maximum value of $125,000 and will be for a one-year contract term. No business entities have been identified as having been awarded an identical or substantially similar procurement contract within the past five years. The procurement appears to be a straightforward acquisition of a specialized financial database service, with no explicit restrictions on the type of vendor that can respond. The contract will be executed under the discretionary authority of SUNY, suggesting flexibility in vendor selection based on meeting the technical specifications of the Compustat database requirements. Potential vendors should be prepared to demonstrate comprehensive financial data coverage, accessibility through WRDS, and the ability to provide standardized financial information for a wide range of companies.