Intent to Sole Source Audit Analytics Dataset
ID: SS-OFR-25-051Type: Special Notice
Overview

Buyer

TREASURY, DEPARTMENT OF THEBUREAU OF THE FISCAL SERVICEARC DIV PROC SVCS - DOPARKERSBURG, WV, 26101, USA

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)

PSC

NEWSPAPERS AND PERIODICALS (7630)

Set Aside

Total Small Business Set-Aside (FAR 19.5) (SBA)
Timeline
  1. 1
    Posted Apr 2, 2025, 12:00 AM UTC
  2. 2
    Updated Apr 2, 2025, 12:00 AM UTC
  3. 3
    Due Apr 24, 2025, 4:00 PM UTC
Description

The Department of the Treasury, specifically the Bureau of Fiscal Service, intends to contract with IVES Group, Inc. for the provision of Audit Analytics Datasets on a sole source basis. The datasets are essential for the Office of Financial Research (OFR) and the Financial Stability Oversight Council (FSOC) to assess risks and controls in financial reporting, featuring critical elements such as audit fees, auditor changes, and financial restatements. This procurement is vital for the OFR's mission to deliver annual assessments of the U.S. financial system as mandated by the Dodd-Frank Act. Interested parties must submit their responses by April 24, 2025, demonstrating their capability to meet the requirements, with the total estimated value of the contract remaining below the simplified acquisition threshold. For further inquiries, contact April Rinehart at purchasing@fiscal.treasury.gov or by phone at 304-480-8472.

Files
Title
Posted
Apr 2, 2025, 6:05 PM UTC
The Bureau of Fiscal Service intends to sole source a contract with IVES Group, Inc. for Audit Analytics Datasets on behalf of the Office of Financial Research (OFR) and the Financial Stability Oversight Council (FSOC). The contractor provides unique datasets essential for assessing risks and controls in financial reporting, including features such as audit fees, auditor changes, and financial restatements. The OFR aims to gain insights necessary for annual assessments of the U.S. financial system in compliance with the Dodd-Frank Act. The contract will span a base period of 12 months, with four additional option periods through 2025 to 2030, with a total estimated value remaining below the simplified acquisition threshold. Responses to this special notice must be submitted by April 24, 2025, and should demonstrate the capability to provide required content. The document outlines specific requirements for responses, including company details and capabilities, while emphasizing that informal inquiries will not be accepted. Failure to meet submission criteria will result in non-responsiveness. This document reflects standard practices in government procurement, particularly highlighting sole-source contracting when no competitive options are available.
Lifecycle
Title
Type
Special Notice
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