This Pre-Solicitation opportunity from Commodity Futures Trading Commission was posted on July 11, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

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Bloomberg Shared Terminals for CFTC

Awarded

PROGC250026Federal

Submission Closed07/12/2025, 02:00:00 PM UTC

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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NAICS: 519290

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AI Contract Overview

The Commodity Futures Trading Commission (CFTC) plans to award a sole source contract to Bloomberg Financial L.P. to renew subscriptions for Bloomberg professional terminal services. The contract will cover an initial base year with four optional one-year extensions, establishing a potential contract period of five years. This follows the CFTC’s need for comprehensive and proprietary financial data to effectively oversee commodity market activities, with Bloomberg uniquely positioned to provide both the required data and shared terminal service not available through other vendors. Procurement is being conducted under authority that allows for sole source awards when only one provider can meet the agency’s needs. While the government is not soliciting competitive bids, it will review written responses from other vendors who believe they can fulfill the requirement if submitted by the specified deadline. Final award is anticipated around June 30, 2025. The announcement specifies that no formal solicitation documents are available, responses must be in writing, and the government has total discretion over its decision to compete or proceed with the sole source award. The primary point of contact for this contract is Benjamin Van Wormer at the CFTC, located in Washington, DC.

General Info

CFTC awards sole source contract to Bloomberg for five-year terminal subscription renewal.

Agency

Commodity Futures Trading Commission → COMMODITY FUTURES TRADING COMM

NAICS

519290 - Web Search Portals and All Other Information Services

Place of Performance

DC, 20036, USA

Set-Aside

NONE

Documents

CFTC Bloomberg Professional Terminal Services J&A

justification-and-authorization

Low

AI Contract Breakdown

Uniform Contract Format

Contract not broken down yet

CLEATUS splits the solicitation into Uniform Contract Format (UCF) sections: scope, pricing, deliverables, and evaluation criteria.

Timeline

2 updates

PhaseAwarded

PostedJun 4

Presolicitation

Notice updatedJul 11

Response deadline changed from Jun 10, 2025 to Jul 12, 2025. Set-aside changed from No Set aside used to No Set aside used. The notice description changed. The point of contact changed.

Notice updatedJul 11

Notice details unchanged. Attachments may have changed.

AwardedOct 28

Contract was awarded

Submission Closed

07/12/2025, 02:00:00 PM UTC

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Organization & Contact Information

AgencyCommodity Futures Trading Commission → COMMODITY FUTURES TRADING COMM

Contacts1 person available

OfficeWashington, DC, 20581, USA

Organization / AgencyCommodity Futures Trading Commission → COMMODITY FUTURES TRADING COMM

Office AddressWashington, DC, 20581, USA

Contacts

Benjamin Van Wormer

contact@example.gov

+1 (555) 000-0000

Full Description

The Commodity Futures Trading Commission (CFTC) intends to award a sole source contract to Bloomberg Financial L.P. to renew its subscriptions for Bloomberg professional terminal services.

CFTC anticipates awarding a contract for one (1) base year and four (4) one (1) year options, for a total period of performance of five (5) years.

CFTC uses a variety of information sources to maintain surveillance of commodity market activity. There is no single source that provides all the information that CFTC needs for market oversight. Bloomberg is one of those sources and is a unique source for its proprietary financial data. Additionally, Bloomberg is the only vendor that offers a shared terminal service (as opposed to individual licenses).

The Government intends to procure this requirement under FAR 6.302-1 and 41 U.S.C. 3304(a)(1) “the property or services needed by the executive agency are available from only one responsible source and no other type of property or services will satisfy the needs of the executive agency.”

THIS NOTICE IS NOT A REQUEST FOR COMPETITIVE PROPOSALS nor a solicitation of offers. However, the Government will consider written responses from all responsible sources received by 10:00 AM ET, June 10, 2025. Written responses must include sufficient information to establish capability to fulfill the requirement. Oral communications are not acceptable in response to this notice. A determination by the government not to compete this proposed requirement is solely within the discretion of the Government. Information received will be considered solely for the purposes for future Market Research requirements. No formal solicitation package is available. The Government anticipates award on or about June 30, 2025. The Government will not be responsible for any costs of preparation in response to this announcement.