Description
Export-Import (Ex-Im) Bank of the United States (Ex-Im Bank) intends to issue a sole source award for subscription services to Bloomberg. The applicable NAICS code is 511199-All Other Publishers, with a small business size standard of 500 employees. There are no set-asides identified for this procurement. The Ex-Im Bank's Research Library has a requirement to purchase a subscription to Bloomberg data which is received through a portal that is leased directly from Bloomberg. It supplies data, news, and analytical tools that are not available elsewhere or in any equivalent combination from other vendors. Bloomberg is used extensively by all sectors of the Bank, including but not limited to Chief Financial Officer/Asset Management, Credit Underwriting, Country Risk, Export Finance, and Small Business. The Bloomberg terminal provides access to crucial data and analysis without which the Bank would not be able to make critical financial decisions in its dealings with sovereigns, banks, and companies. There is no other source that can provide this extensive and unique coverage of financial news, current and historical data, and analysis. Bloomberg's analytical tools allow for measurement of market trends and applicants' equity, debt, credit, and other risk factors. A Bloomberg subscription provides: Ratings, Bond prices and spreads, Forex prices, Swaps, including Credit Default Swap, Filtered company lists, Commodity prices, supply and demand, Benchmark/Index rates, Company descriptions, financials, and executive information, Analyst research on companies and industries, and news and transcripts. There are many other market data providers, providers of ratings, providers of exclusive news, those that offer analytical tools, etc. However, Bloomberg is the only service that aggregates all data into a single source. This notice of intent is not a request for competitive proposals. A determination not to compete this proposed contract based upon responses to this notice is solely within the discretion of the Government. Information received will normally be considered solely for the purpose of determining whether to conduct a competitive procurement. Anticipated period of performance will be 5 years, a base period, plus four twelve month option periods. Total contract dollar value is estimated at $155,138.61 (including all options, if exercised). Questions may be directed to Timothy Borroum, Contracting Specialist, on (202) 565-3311.