This Pre-Solicitation opportunity from Commodity Futures Trading Commission was posted on June 30, 2020. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
ACCESS TO GENSCAPE DATABASES
Contract Overview
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The Commodity Futures Trading Commission intends to award a sole source contract to Genscape for access to the Cushing Storage, MidCon Pipeline, and Forties Pipeline oil databases. The agreement consists of a one year base period with four optional one year extensions. This data is critical for the agency to monitor oil inventories and flows that drive market prices for NYMEX WTI and Brent contracts, allowing economists to correlate physical conditions with transaction data from large traders and exchanges. This procurement is conducted under FAR 6.302-1, as the agency has determined that Genscape is the only responsible source capable of providing the required level of detail. Without this access, the agency would be limited to non-detailed media reports and opinions. While this is a sole source action, the government will consider responses from other capable sources until July 16, 2020, to determine if a competitive procurement is warranted.
General Info
Contract Value
$282,851.95Place of Performance
Washington, DC, 20581, USASet-Aside
Awardee
GENSCAPE, INC.Award Issued Date
Documents
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Timeline
Submission Closed
Organization & Contact Information
Full Description
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Posted before this notice, open and closed
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