Procurement Summary
Country : USA
Summary : Intent to Sole Source Bloomberg Terminals
Deadline : 26 May 2025
Other Information
Notice Type : Tender
TOT Ref.No.: 119168189
Document Ref. No. : SS-OFR-25-055
Financier : Self Financed
Purchaser Ownership : Public
Tender Value : Refer Document
Purchaser's Detail
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Description
Intent to Sole Source
Bloomberg TerminalsMay 14, 2025SS-OFR-25-055
The Bureau of the Fiscal Service (Fiscal Service), on behalf of Financial Research (OFR), intends to contract with Bloomberg Finance L.P., 731 Lexington Avenue, New York, NY 10022-1331, on a sole source basis for Bloomberg Professional Services Terminal Access. This award will be made under NAICS code 519290 and PSC 7630. There is no competitive vendor or regulatory agency that provides these datasets. The proposed Contractor developed and owns the propriety and patented hardware, software, and algorithms that are used in these products and support the services specifically required for this acquisition; thereby, the proposed source has the sole unique technical and other resources required for this acquisition.
The Office of Financial Research (OFR) requires an analytics dataset which provides individual user access to financial data comprised of sovereigns, credit, mortgages, money markets, municipal bonds, preferred equity, private equity, public companies, economics, research, commodities, indexes, currencies, and derivatives. This functionality is imperative to OFR-s mission in analyzing systematic risk in all markets simultaneously. The dataset must have access via mobile devices, home PC, phone, etc., and unlimited training support for professional services must be included in the fixed pricing per terminal.
The data terminal must provide information on financial institutions and markets, quarterly work on FSOC on non-bank designations, various working papers (i.e. TLAC/CoCo bonds, systemic risk metric calculations), policy research, Financial Markets Monitor, Financial Stability Monitor, Bilateral Repo Permanent Collection, Repo CCP Paper, Joint OFR-FRBNY Repo Pricing Paper, Financial Stability Index and other initiatives.
The OFR uses the proposed contractor-s brand name product for the continuing mission to deliver an annual assessment of the state of the...
Active Contract Opportunity
Notice ID : SS-OFR-25-055
Related Notice
Department/Ind. Agency : TREASURY, DEPARTMENT OF THE ::
General Information
Contract Opportunity Type: Special Notice (Original)
Original Published Date: May 14, 2025 11:50 am EDT
Original Response Date: May 26, 2025 10:00 am EDT
Inactive Policy: 15 days after response date
Original Inactive Date: Jun 10, 2025
Initiative: None
Classification
Original Set Aside:
Product Service Code: 7630 - NEWSPAPERS AND PERIODICALS
NAICS Code: 519290 - Web Search Portals and All Other Information Services
Place of Performance: DC 20005 USA
Documents
Tender Notice
Intent-to-Sole-Source.pdf