Added: Apr 29, 2008 2:48 pm
Request for Information: Subject to final approval, The Bureau of the Public Debt, Administrative Resource Center, Division of Procurement, intends to negotiate a sole-source procurement, in accordance with FAR 6.302-1, to Bloomberg Financial L.P., 731 Lexington Ave, New York, NY 10022 for the Renewal of Bloomberg On-Line Financial Information Service, for a Base and four Option Years. THIS IS NOT A REQUEST FOR QUOTATION.
Nature and Description of Action: The Bureau of Public Debt (BPD) is currently utilizing the Bloomberg On-line financial Information System, and is in need of the renewal of this service for 2008 in order to ensure continued performance. A sole source is intended for this order; no other known source is know that is fully capable and available to provide the required services.
Bloomberg is the online service that Treasury Auction participants and U.S. Treasury policymakers and debt managers use to access historical and prevailing data on U.S. Treasury securities such as real-time pricing, issue information, and WI rates. The data provided by Bloomberg is proprietary data. It is absolutely critical that BPD have access to this specific service so that we may monitor and verify the information provided by Bloomberg to auction participants and to ensure the integrity and efficiency of our auction process.
Bloomberg also provides news and historical data used by offices at BPD to analyze and monitor fixed-income markets. BPD s staff have been trained by Bloomberg personnel on the use of the Bloomberg terminal. Any response should also demonstrate the capability to provide the same level of service and provide user training as cost effectively as renewing services with Bloomberg.
No solicitation document is available. The Bureau of Public Debt will consider all affirmative responses received no later than 7 days after publication of this notice.
Affirmative responses shall be accompanied by sufficient documentation to clearly show how it would be advantageous to the government to switch providers for this requirement, etc. software cost, training for employees, contingencies, professional environment, and government securities regulations, (GSRS). A request for more information will not be considered an affirmative response.
If no affirmative written response is received that clearly demonstrates the ability to meet all the requirements and that is more advantageous to the Government, we intend to negotiate a sole-source award to Bloomberg Financial. A determination by the Government not to compete this proposed purchase order based upon responses to this notice is solely within the discretion of the Government. The intended period of performance for this requirement is 12 months from Date of Award, plus 4 option years.
