Intent to Sole Source - FactSet
ID: 20341524Q00034Type: Special Notice
Overview

Buyer

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

NAICS

Web Search Portals and All Other Information Services (519290)

PSC

NEWSPAPERS AND PERIODICALS (7630)

Original Source

https://sam.gov/opp/c479cb8fb7144cea8d32cbef18cde110/view
Timeline
    Description

    The Department of the Treasury's Bureau of Fiscal Service intends to award a sole source contract to FactSet Research Systems Inc. for a data subscription that supports the Office of Financial Research (OFR) and the Financial Stability Oversight Council (FSOC). The primary objective of this procurement is to obtain comprehensive data on trade credit networks and supply chains to analyze the propagation of financial shocks and interconnectedness among firms, particularly during banking crises. This data is crucial for understanding how financial distress can spread through trade credit chains, which is essential for effective economic analysis. Interested contractors must submit their qualifications and capability statements electronically by September 25, 2024, to purchasing@fiscal.treasury.gov, as the contract is expected to exceed the simplified acquisition threshold and will have a duration of one twelve-month base period with four optional extensions.

    Point(s) of Contact
    Chad Gambrill
    purchasing@fiscal.treasury.gov
    Kara Zeigler
    purchasing@fiscal.treasury.gov
    Files
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    INTENT TO SOLE SOURCE - FactSet.pdf
    The Bureau of Fiscal Service intends to award a sole source contract to FactSet Research Systems Inc. for a data subscription that supports the Office of Financial Research (OFR) and the Financial Stability Oversight Council (FSOC). The OFR requires comprehensive data on trade credit networks and supply chains to analyze financial shocks and interconnectedness among firms. The analysis targets the propagation of financial distress through trade credit chains, especially during times of banking crises. The proposed contract's duration includes a twelve-month base period, with four optional extensions, running from January 2025 to January 2030. Interested contractors must submit detailed electronic responses by September 25, 2024, to demonstrate their capability to fulfill the requirements. The document outlines the qualifications needed from potential contractors, emphasizing the necessity for historical data and large datasets to effectively study credit supply relationships across sectors.
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    Intent to Sole Source - FactSet
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