Procurement Summary
Country: USA
Summary: Cftc Sole Source - Loan Data
Deadline: 26 Jul 2019
Posting Date: 15 Jul 2019
Other Information
Notice Type: Tender
TOT Ref.No.: 34661924
Document Ref. No.: 9523ZY19P0037
Competition: ICB
Financier: Self Financed
Purchaser Ownership: -
Tender Value: Refer Document
CPV Classification
48482000 - Business intelligence software package
72212482 - Business intelligence software development services
Purchaser's Detail
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Login to see detailsTender Details
The commodity futures trading commission ("cftc") intends to negotiate/award a sole-source contract for the procurement of two user licenses for the refinitiv loanconnector (lc), loan pricing corporation (lpc) collateral, and business development corporation (bdc) collateral products to support research projects.
The government intends to procure this requirement pursuant to the exception under far 6.302-1 - "only one responsible source and no other supplies or services will satisfy agency requirements."
as a financial stability oversight council (fsoc) member, cftc is responsible for systemic risk monitoring. In order to fulfill its mission, cftc needs to identify and analyze the relationship between the global syndicated loan market and the derivatives markets. In order to support these regulatory functions, the cftc requires both primary and secondary global syndicated loan market data. Cftc also requires the loan data to support rule making and to examine swaps in connection with bank lending to customers.
After conducting market research, cftc has determined that only refinitiv meets the following cftc data requirements:
loan level data requirements
• the vendor product shall provide loan data covering the complete syndicated loan market to include the leveraged loan data.
• the vendor product shall provide current borrower ratings on individual loans as well as ratings at close where available.
• the vendor product shall provide secondary market information at the loan level including bid, ask and spread. The vendor product shall specify broker/dealer who contributed to the secondary market price wherever applicable.
Collateralized loan obligation (clo) data requirements
• the vendor product shall provide the various tranches underlying the clo. It shall provide the information on the holders of tranches wherever applicable.
• the vendor product shall provide pricing information on the clo includ...
Documents
Tender Notice