70 -- Computer Assisted system for the Lost and Stolen Securities Program

The U.S. Securities and Exchange Commission (SEC) has a requirement for a computer-assisted system to implement Rule 17f-1. The SEC, is required under the Federal securities laws to operate and maintain a database of lost, stolen, missing and counterfeit securities and to make information concerning those securities available to approximately 25,926 brokers, dealers, banks insured by the Federal Deposit Insurance Corporation, registered transfer agents, and others that are required by law to participate in this program. The SEC is authorized under the law to designate an outside entity to operate and maintain this database. The offeror: (1) shall add all reports of missing, lost, stolen, and counterfeit certificates received each day into the computer system prior to the next business day; (2) shall match up each recovery report with the appropriate missing, lost, stolen or counterfeit report in the database filed by the same reporting institution that filed the recovery report and delete the reported information from the database; (3) shall ascertain and inform the inquirer on a timely basis whether any inquiry matches any report on the database; and (4) shall compare reports of all missing, lost, stolen, and counterfeit securities received each day with inquiries received over the last sixty (60) days to determine if any matches or hits exist. Based on program statistics for 2001 the average daily number of securities certificates inquired upon by participating institutions is approximately 24,014. Proposed systems must be capable of storing a cumulative database of lost, stolen, missing and counterfeit securities. All systems shall be highly responsive, efficient, and accurate. The Government contemplates award of a twelve-month Requirements Contract with a Firm Fixed Price Fee Schedule with four one-year options at no cost to the SEC or the U.S. Government. In order to maintain a no cost environment, the Contractor will be compensated for its service by directly assessing fees to reporting institutions; however all fees charged to participating institutions must be determined reasonable by the Government. These fees received by the Contractor shall cover the entire cost of operating and maintaining the system. The Contractor shall perform all tasks associated with this contract. All interested parties MUST be registered in the Central Contracting Registration (CCR) database in order to receive an award. Applications for CCR registration may be obtained at http://www.ccr2000.com. The solicitation shall be available on or about February 7, 2003. Interested parties are advised that they must submit their request for this solicitation by sending an email to [email protected] and [email protected] to identify their interest. Email must contain the name, phone number and email address of the contact person along with information for an alternate contact.