D--Sole Source Justification (Redacted) - S&P Global
ID: 140D0424Q1029Type: Special Notice
Overview

Buyer

INTERIOR, DEPARTMENT OF THEDEPARTMENTAL OFFICESIBC ACQ SVCS DIRECTORATE (00004)HERNDON, VA, 20170, USA

NAICS

Periodical Publishers (513120)

PSC

IT AND TELECOM - BUSINESS APPLICATION/APPLICATION DEVELOPMENT SOFTWARE AS A SERVICE (DA10)
Timeline
    Description

    The Department of the Interior, through its Interior Business Center, is seeking to procure subscription services from S&P Global for their Commodity Services Model (CSM+) Enterprise Access. This sole source justification is essential for the Office of Natural Resources Revenue (ONRR), as it provides critical industry information and pricing data for energy markets, including crude oil, natural gas, and coal, which are vital for royalty valuation and compliance auditing. The exclusivity of S&P Global as the sole provider meeting federal regulatory approval underscores the necessity of these services for ONRR’s audit and royalty management functions. Interested parties can contact Michael McGuire at MIKE_MCGUIRE@IBC.DOI.GOV or by phone at 703-964-3622 for further details regarding this procurement.

    Point(s) of Contact
    Mcguire, Michael
    (703) 964-3622
    (505) 346-2744
    MIKE_MCGUIRE@IBC.DOI.GOV
    Files
    Title
    Posted
    The United States Department of the Interior's Interior Business Center has issued a Sole Source Justification for procuring subscription services from S&P Global for their Commodity Services Model (CSM+) Enterprise Access. This service is essential for the Office of Natural Resources Revenue (ONRR), providing vital industry information and pricing data for energy markets, specifically crude oil, natural gas, and coal. The exclusivity is due to S&P Global being the sole provider whose data meets federal regulatory approval and is critical for ONRR's responsibilities in royalty valuation and compliance auditing. The document outlines that efforts to solicit offers from other sources yielded no responses, confirming S&P Global's unique position. The estimated contract value will be assessed for fairness and reasonableness based on market analysis and historical pricing. The justification emphasizes the necessity of these services for ONRR’s audit and royalty management functions. Furthermore, it notes that other subscription providers do not meet the required standards or federal approval criteria, thus affirming the need for this sole-source procurement.
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