Bloomberg Finance

Solicitation SRC0000037155 is a request for Bloomberg Finance services issued by the State of Alabama's Large Inst Div Banking agency. The procurement is managed through the Alabama Buys portal, with a response deadline of October 20, 2026. The contract is governed by the laws of the State of Alabama, with the City of Montgomery serving as the sole venue for litigation and dispute resolution. The total contract value is capped at a not-to-exceed limit of 25,000 dollars, which includes the original agreement and any subsequent renewals. The term of the contract may be renewed annually for up to five years from the effective date, provided the total cost does not exceed the 25,000 dollar limit. The State of Alabama may evaluate bids based on cost realism and price reasonableness at the discretion of the Chief Procurement Officer. Approved price escalations are limited to 5 percent of the annual contract cost and must be documented in writing. Suppliers must comply with several regulatory requirements, including E-Verify enrollment for employees within Alabama, tax registration and remittance per Section 41-4-142 of the Code of Alabama, and the submission of a Disclosure Statement within 10 days of award. Additionally, the State explicitly rejects click-wrap or browse-wrap agreements unless they are reviewed and signed by an authorized official. Suppliers must certify they are not debarred or suspended from government participation and must not engage in boycotts of jurisdictions with which the State maintains open trade.