Procurement Summary
Country : USA
Summary : New Generation Research (NGR) Bankruptcy Data
Deadline : 15 Jun 2025
Other Information
Notice Type : Tender
TOT Ref.No.: 120507055
Document Ref. No. : SS-OFR-25-059
Financier : Self Financed
Purchaser Ownership : Public
Tender Value : Refer Document
Purchaser's Detail
Name :Login to see tender_details
Address : Login to see tender_details
Email : Login to see tender_details
Login to see detailsTender Details
Description
INTENT TO SOLE SOURCENew Generation Research (NGR) Bankruptcy Data#SS-OFR-25-059
The Bureau of Fiscal Service (Fiscal Service), on behalf of The Office of Financial Research (OFR) and the Financial Stability Oversight Council (FSOC), intends to contract with New Generation Research, Inc. 88 Broad Street, Floor 2, Boston, MA 02110-3403, on a sole source basis for New Generation Research (NGR) Bankruptcy Databases. There is no competitive vendor or regulatory agency that provides these datasets. The proposed Contractor developed and owns the propriety and patented software, algorithms, and work efforts 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.
As a joint effort with the White House Council of Economic Advisors, OFR is required to research the rising number of corporate defaults and bankruptcies from the COVID-19 pandemic event. OFR requires current and historical bankruptcy data sourced from at least ninety-four (94) U.S. bankruptcy courts beginning at least from the year 2000. Data must report on a continual weekly basis the public companies currently operating under Chapter 11 protection as well as all companies with at least $50 million in assets or liabilities. Information on reported companies must at a minimum include: plans of reorganization and disclosure statements; debtor-in-possession financing information; professional retention data; 363 sales motions; key employee incentive plans; monthly operating reports; claim transfer activity; securities and security pricing data; and committee information.
Proposed databases must compile case information for all companies that file for bankruptcy in the 94 U.S. Bankruptcy Courts in near-real time. The database must also allow users to filter and aggregate business bankruptcy filings by small, mid, and large size companies...
Active Contract Opportunity
Notice ID : SS-OFR-25-059
Related Notice
Department/Ind. Agency : TREASURY, DEPARTMENT OF THE
Sub-tier : BUREAU OF THE FISCAL SERVICE :
General Information
Contract Opportunity Type: Special Notice (Original)
Original Published Date: Jun 06, 2025 02:48 pm EDT
Original Response Date: Jun 15, 2025 10:00 am EDT
Inactive Policy: 15 days after response date
Original Inactive Date: Jun 30, 2025
Initiative: None
Classification
Original Set Aside:
Product Service Code:
NAICS Code: 518210 - Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
Place of Performance: Boston, MA 02110 USA
Documents
Tender Notice
Intent-to-Sole-Source-NGR.pdf