Economic Data Licenses

The Executive Office of the Governor of Florida, on behalf of Leon County, is conducting a single source procurement for online subscription and licensing services for US economic data. The agency seeks to procure a comprehensive economic data platform that includes proprietary economic datasets, analytical capabilities, commentary, news, and analysis of economic conditions to support the Office of Policy and Budget. The service must accommodate five concurrent users and deliver integrated functionality with existing statistical software (Eviews) currently utilized by the agency for statutorily mandated economic forecasting. Key objectives include enabling the Executive Office of the Governor and the Legislative Office of Economic and Demographic Research to develop collaborative consensus economic forecasts while maintaining consistency in data sources and analytical tools. The contract term is one year, running from July 1, 2026, through June 30, 2027. The submission deadline for prospective vendors is May 4, 2026, with a mandatory 15 business day posting period in accordance with Florida Statutes sections 120.57(3) and 287.057(3).

IHS Global Inc. has been identified as the intended single source vendor based on the agency's decades-long reliance on IHS Markit data and Eviews statistical software for economic forecasting operations. The single source justification emphasizes that IHS Global's proprietary economic data and analytical capabilities are unique and necessary to meet the agency's requirements, and the continuity of this data source is critical for maintaining consensus forecasting coordination between state entities. No set-aside designations or restrictions for disadvantaged enterprises have been specified in the procurement documentation. The estimated dollar amount for this single source acquisition is $47,250.00. Interested vendors or parties with questions should contact Jacob Hershberger, Purchasing Director at the Executive Office of the Governor, via email at EOGPurchasing@eog.myflorida.com or by telephone at 850-717-9555.