Procurement Summary
Country : USA
Summary : Bloomberg Shared Terminals for CFTC
Deadline : 12 Jul 2025
Other Information
Notice Type : Tender
TOT Ref.No.: 122562786
Document Ref. No. : PROGC250026
Financier : Self Financed
Purchaser Ownership : Public
Tender Value : Refer Document
Purchaser's Detail
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Login to see detailsTender Details
Description
The Commodity Futures Trading Commission (CFTC) intends to award a sole source contract to Bloomberg Financial L.P. to renew its subscriptions for Bloomberg professional terminal services.
CFTC anticipates awarding a contract for one (1) base year and four (4) one (1) year options, for a total period of performance of five (5) years.
CFTC uses a variety of information sources to maintain surveillance of commodity market activity. There is no single source that provides all the information that CFTC needs for market oversight. Bloomberg is one of those sources and is a unique source for its proprietary financial data. Additionally, Bloomberg is the only vendor that offers a shared terminal service (as opposed to individual licenses).
The Government intends to procure this requirement under FAR 6.302-1 and 41 U.S.C. 3304(a)(1) “the property or services needed by the executive agency are available from only one responsible source and no other type of property or services will satisfy the needs of the executive agency.”
THIS NOTICE IS NOT A REQUEST FOR COMPETITIVE PROPOSALS nor a solicitation of offers. However, the Government will consider written responses from all responsible sources received by 10:00 AM ET, June 10, 2025. Written responses must include sufficient information to establish capability to fulfill the requirement. Oral communications are not acceptable in response to this notice. A determination by the government not to compete this proposed requirement is solely within the discretion of the Government. Information received will be considered solely for the purposes for future Market Research requirements. No formal solicitation package is available. The Government anticipates award on or about June 30, 2025. The Government will not be responsible for any costs of preparation in response to this announcement.
Active Contract Opportunity
Notice ID : PROGC250026
Related Notice
Department/Ind. Agency : COMMODITY FUTURES TRADING COMMISSION
Sub-tier : COMMODITY FUTURES TRADING COMMISSION
Office: COMMODITY FUTURES TRADING COMM
General Information
Contract Opportunity Type: Presolicitation (Updated)
Updated Published Date: Jul 11, 2025 12:55 pm EDT
Original Published Date: Jun 04, 2025 02:55 pm EDT
Updated Response Date: Jul 12, 2025 10:00 am EDT
Original Response Date: Jun 10, 2025 10:00 am EDT
Inactive Policy: 15 days after response date
Updated Inactive Date: Jul 27, 2025
Original Inactive Date: Jun 25, 2025
Initiative: None
Classification
Original Set Aside: No Set aside used
Product Service Code: DH10 - IT AND TELECOM - PLATFORM AS A SERVICE: DATABASE, MAINFRAME, MIDDLEWARE
NAICS Code: 519290 - Web Search Portals and All Other Information Services
Place of Performance: DC 20036 USA
Documents
Tender Notice
7-Bloomberg-JOFOC.pdf