The Department of the Treasury's Internal Revenue Service (IRS) intends to make a sole source award to S&P Global LLC for an annual subscription to their RatingsXpress credit rating database. This procurement is critical for IRS practitioners as it provides essential data for assessing taxpayer compliance, particularly in relation to intercompany loans and transfer pricing. The sole source justification indicates that S&P is uniquely positioned to supply this proprietary data, which is vital for the IRS's operations, and no viable alternatives were identified during market research. Interested parties may direct inquiries to Mach Ngo at mach.ngo@irs.gov, with the contract set to commence on September 13, 2024, and spanning five years.