Intent to Sole Source Bloomberg Terminals
ID: SS-OFR-25-055Type: Special Notice
Overview

Buyer

TREASURY, DEPARTMENT OF THEUS

NAICS

Web Search Portals and All Other Information Services (519290)

PSC

NEWSPAPERS AND PERIODICALS (7630)

Original Source

https://sam.gov/opp/bff3247660394f40958108803508bae7/view
Timeline
    Description

    The Department of the Treasury's Bureau of the Fiscal Service intends to contract with Bloomberg Finance L.P. on a sole source basis for access to Bloomberg Professional Services Terminals, which are critical for the Office of Financial Research's (OFR) mission to analyze systemic risk across various financial markets. The procurement requires unique datasets covering areas such as sovereign debt, mortgages, corporate finance, and economic research, which are exclusively provided by Bloomberg due to their proprietary nature. This contract will include mobile access and unlimited training support, essential for OFR's ongoing assessments mandated by the Dodd-Frank Act. Interested parties may submit capability statements by May 26, 2025, with the anticipated contract duration being one year and four optional extensions, and responses should be directed to Starla Kalb and Kara Zeigler at the provided email addresses.

    Point(s) of Contact
    Starla Kalb
    starla.kalb@fiscal.treasury.gov
    Kara Zeigler
    kara.zeigler@fiscal.treasury.gov
    Files
    Title
    Posted
    Intent to Sole Source.pdf
    The Bureau of the Fiscal Service intends to contract with Bloomberg Finance L.P. on a sole source basis for access to Bloomberg Professional Services Terminals, critical for the Office of Financial Research's (OFR) mission to analyze systemic risk across various financial markets. The acquisition, designated under NAICS code 519290, is unique due to Bloomberg's proprietary products that offer essential datasets covering areas such as sovereign debt, mortgages, corporate finance, and economic research. The contract will include mobile access and unlimited training support, crucial for OFR's ongoing assessments mandated by the Dodd-Frank Act. The anticipated contract duration is one year with four optional extensions. No competitive solicitations are available, but interested parties can submit capability statements by May 26, 2025. Proposals must demonstrate the ability to meet the specific requirements outlined in the notice. Failure to receive sufficient responses may lead the Fiscal Service to proceed with a sole source award to Bloomberg Finance L.P. The document emphasizes the necessity of the unique datasets for effective financial analysis and the lack of alternatives in the government procurement landscape.
    Lifecycle
    Title
    Type
    Intent to Sole Source Bloomberg Terminals
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