Economic Data Licenses

The state of Florida, through the Executive Office of the Governor, is seeking to procure a single-source online subscription and license for U.S. economic data from IHS Global Inc. for a one-year term from July 1, 2023, to June 30, 2024. The requested data and software are required to create economic forecasts for the state, as mandated by statute, and to develop consensus forecasts with the Legislative Office of Economic and Demographic Research. The estimated dollar amount for this single-source purchase is $38,200. The justification for the single-source acquisition is that IHS Global Inc. offers proprietary data that meets the agency's specific requirements, and no other system has been identified with the same features. Prospective vendors are requested to provide information regarding their ability to supply the requested commodities or services, and the agency will provide notice of its intended decision to enter into a single-source purchase contract if it is determined that the services are only available from a single source.

The contract opportunity is limited to the state of Florida and specifically the jurisdiction of Leon County. There are no set-aside designations or restrictions on the types of organizations that can respond, and the agency has not identified any incumbent vendors or current contractors. The budget for this procurement is estimated at $38,200, and the contract will be awarded to a single vendor.