Economic Data Licenses

Leon County and the Executive Office of the Governor are seeking a single-source procurement for economic data licenses from IHS Global Inc. The contract involves an online subscription and licensing purchase for US economic data, covering a one-year period from July 1, 2025 to June 30, 2026. The procurement is specifically for five concurrent users within the Office of Policy and Budget, utilizing the UNSPSC code 55111600 for Electronic Software Reference Material. The goods being procured include proprietary economic forecasting data, the Eviews statistical application, and comprehensive economic commentary, which are critical for developing consensus economic forecasts with the Legislature. The procurement process has been posted on June 4, 2025, with the final date for receipt of information set as June 25, 2025. Key objectives include obtaining specialized economic data that cannot be sourced from alternative vendors, enabling statutorily mandated economic forecasting across various tax sources.

The procurement appears to be unrestricted in terms of set-aside designations or enterprise qualifications, with the opportunity focused specifically on IHS Global Inc. as the sole identified vendor capable of meeting the state's unique economic data requirements. The estimated dollar value for this single-source acquisition is $45,000, representing a focused investment in specialized economic analysis tools. No alternative data sources have been identified with comparable features, which strengthens IHS Global Inc.'s position as the preferred vendor. The document, signed by Dawn Hanson, Administration Director, invites potential vendors to provide information about their capacity to supply similar services, though the specifics suggest a highly specialized procurement. The contract will support critical economic forecasting functions for the Executive Office of the Governor, with a clear emphasis on obtaining comprehensive and proprietary economic data and analysis tools.