Economic Data Licenses

The state of Florida, through the Executive Office of the Governor, is seeking a single source procurement for an online subscription and licensing for U.S. economic data from IHS Global Inc. for a one-year period from July 1, 2022 to June 30, 2023, with five concurrent user licenses. The economic forecasts and data analysis provided by IHS Markit are necessary for the agency to create consensus economic forecasts with the Legislative Office of Economic and Demographic Research, as statutorily mandated. The total estimated dollar amount for this single source acquisition is $36,400.00. IHS Global Inc. offers proprietary data that meets the agency's requirements, and no other system with the same features has been identified as an alternative. The deadline for this procurement opportunity is May 17, 2022.

There are no set-aside designations or restrictions on the types of organizations that can respond, as this is a single source procurement. The incumbent vendor is IHS Global Inc., and the agency has an existing relationship and infrastructure in place to utilize the IHS Markit economic data and forecasting platform. The maximum award value for this contract is $36,400.00.