INTENT TO SOLE SOURCE S&P Global Market Data Products #SS-OFR-21-075 The Bureau of Fiscal Service (Fiscal Service), on behalf of The Office of Financial Research (OFR) and the Financial Stability Oversight Council (FSOC) with the Departmental Offices (DO) and the Office of International Affairs (IA), intends to contract with S&P Global Market Intelligence LLC, 55 Water Street, Floor 40, New York, NY 10041, on a sole source basis for S&P Global Market Data Products. here is no competitive vendor or regulatory agency that provides these datasets. The proposed Contractor developed and owns the propriety and patented hardware, software and algorithms that are used in these products and support the services specifically required for this acquisition; thereby the proposed source has the sole unique technical and other resources required for this acquisition.. Pursuant to its mandate, the OFR has a requirement for S&P Global, Inc. data products, both continued and new purchases in order to co-term previous awards and allow DO and IA to take part in a multi-agency award. This purchase includes the following required data products: S&P Global Market Intelligence with Capital IQ, S&P LCD, S&P Ratings XpressFeed, S&P Compustat, S&P Global Market Intelligence (for DO), and S&P Global Capital IQ and MI Financial Institutions Data (for IA). Optional data products are S&P Credit Analytics and S&P Ratings Direct. S&P Global, Inc. provides a wide array of proprietary data products, which fit the needs of the OFR/FSOC, DO, and IA. The government requires financial, historical and transactional datasets, portal(s), feed(s), or Streamed data unique to S&P products: Downloadable financial data solution without data caps (download size limitations). Persisted data should be included if applicable. Please note all downloaded data must be capable of being exported to Excel as well as common statistical and data analytic packages such as Mat Lab and Python. Terminal based solutions are not acceptable. Information provided must be updated as frequently possible consistent with industry practice. The aforementioned requirements will be provided by S&P through the following sample products, but the government will retain the right to add additional data set to the resulting contract as they come to market and the basis for a sole source requirements are established. Sample data sets to be included in the resulting contract are as follows: 1. Standard Platform Subscription and Real Time Research Subscription : provides access to company and firm profiles, accesses various research information, including transaction details, SEC filing documents, and pricing back to 1925 when used in conjunction with the CRSP/Compustat merged database. S&P’s status as a Nationally Recognized Statistical Rating Organization provides a lengthy history of credit data with the underlying details. OFR and DO require the ability to view selected news, view company financial information and overlay proprietary information and utilize other functionality in a fully relational, searchable manner. OFR and DO also require independent financial research from active participants in the financial market –i.e. broker and independent research firm’s reports. 2. S&P CRSP/COMPUSTAT Merged Database: OFR and DO require access to the CRPS/COMPUSTAT Merged Database which will provide the historical matching of CRSP market and corporate action data with Compustat fundamental data. CRSP is the University of Chicago’s Center for Research in Securities Pricing – the foremost economic research center on US Securities. S&P's Ratings Xpress credit rating product: Is a database containing entity credit ratings for a wide range of companies that issue corporate debt in the U.S. An entity credit rating is a forward-looking option about the creditworthiness of an issuer. This database does not require credit ratings for all of the outstanding obligations of individual issuers. OFR and DO are interested in the entity credit ratings only -which requires entity linked data for this procurement. The database must include the following items: Both “long-term, local currency (i.e., US dollar) issuer” ratings, and “short-term, local currency (i.e., US dollar) issuer” credit ratings for each entity. Monthly updates for any changes to existing company ratings, or for ratings associated with new entities. Entity ratings must be available back to 1980 or earlier. Links to existing databases, which include financial statement data and index membership data, both of which are sourced from Compustat via WRDS. The Compustat data must be linked to the ratings data using a unique entity identifier (i.e., a company-level, not issue level identifier) known as the “GVKEY.” The GVKEY is a form of legal entity identifier. The database must be accessible via two methods: 1) the Wharton Research Data Services (WRDS) web portal, and 2) a “Secured File Transfer Protocol” site which enables a Fractal program to pull the file automatically every period. 4. S&P Global Market Intelligence Enterprise License: that allows access to financial, regulatory, and market data and services, providing aggregated Information and data on the financial industry and institutions (including but not limited to banks, insurance companies, real estate companies, broker-dealers, and asset managers) of the United States and Europe. Services shall include providing general market information and financial and regulatory data on banks, as well as other non-bank financial institutions (including but not limited to insurance companies, real estate companies, broker-dealers, and asset managers). Sector Analytics and information is required on banks without investment portfolio exposure – such as regional and community banks. These are not “investment banks”. This subscription must provide breaking news, financial data, and expert analysis on business sectors-Banking, Insurance, Financial Services, Real Estate, Energy, and Media and Communications-critical to the global economy as well as in depth sector specific analytics required by OFR/DO/FSOC to meet their reporting needs. S&P Market Intelligence is the only know subscription that can meet this requirement. The OFR uses the proposed contractor’s brand name product for the continuing mission to deliver an annual assessment of the state of the United States financial system, as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. Any proposed equivalent subscription must match and/or exceed the specifications listed in this notice. The period of performance for the purchase order is anticipated to be a twelve (12) month base period with four (4) options periods of twelve (12) months each. The total estimated value of this purchase order will exceed the simplified acquisition threshold. NO SOLICITATION IS AVAILABLE. A request for more information, or a copy of the solicitation, will not be considered an affirmative response to this Special Notice. Telephone responses or inquiries to this Special Notice will not be accepted. Fiscal Service will consider written responses received no later than 05/29/2021. Responses must be submitted electronically to
[email protected], S&P /Attn: CW – ED. Responses must include sufficient evidence that clearly shows your company is capable of providing the content described in this notice. Responses received will be evaluated; however, a determination by the Government not to compete the proposed procurement based upon responses to this notice is solely within the discretion of the Government. If no written response is received by the aforementioned deadline that clearly demonstrates an ability to meet all requirements and is more advantageous to the Government, Fiscal Service will make award on a sole source basis to S&P Global Market Intelligence LLC. Qualified Contractors must provide the following: 1. The name and location of your company, contact information, and identify your business size (Large Business, Small Business, Disadvantaged Business, 8(a), Service Disabled Veteran Owned Small Business, HUBZone, etc.). Please ensure contact information includes the name of the point of contact, email address, and telephone number, should the Government have questions regarding individual responses. 2. DUNS Number. 3. Specific details of the product(s) that your company offers in regards to this notice. 4. Whether your content is available through a Government contract vehicle or Open Market. 5. A brief capabilities statement (not to exceed 5 pages) that includes a description of your company's standard line of business, as well as a list of customers to whom your company currently provides the specific required content. Additionally, a sample size of the data may be requested if it is determined to be an equal to the above provided information. Failure to provide any of the requested items above will constitute a non-responsive submission and will not be considered. The following file extensions are not allowable and application materials/data submitted with these extensions cannot be considered: .bat, .cmd, .com, .exe, .pif, .rar, .scr, .vbs, .hta, .cpl, and .zip files. Microsoft Office and Adobe compatible documents are acceptable. No other information regarding this Special Notice will be provided at this time. The Bureau of the Fiscal Service may consider information received no later than 12:00 p.m. EST on May 29, 2021 , submitted to
[email protected], S&P / Attn: CW - ED.