Bureau of Labor Statistics Business Information Report

OBJECTIVE: The Bureau of Labor Statistic have a need to evaluate potential contractors for financial stability, debarments or other information that would identify establishments as viable long term partners. During the acquisition process, BLS would need to identify financial risk determinations and assess a firm's size and composite credit appraisal. STATEMENT OF WORK: The contractor shall provide an evaluation tool that offers a comprehensive assessment on the health and future viability of a company based on 1,000 reports. The contractor's Viability Rating should help the government to answer fundamental questions such as: Is this company viable? Do I want to initiate or continue a relationship with this business? Do I have complete confidence in the depth of data driving my decision? Do I have complete visibility into the financial performance of this business? The Contractor's Viability Rating should contain four components: - Assesses the risk that a company will no longer be in business in the next 12 months - Comparison of a company with that of similar businesses including available financial data, trade payments, and business activity - Data Indicator to Include how much business intelligence is known about a company based on availability of predictive information - A Company Profile which examines how established a company is based on a combination of financial and demographic categories The contractor's Information Report shall include: - Rating showing company net worth and risk indicator - Breakdown of credit behavior by industry - Business history, ownership details, operational information and UCC filing - Detailed information about liens, judgments, bankruptcies, and critical events - Provide a complete risk management report, designed to help assess new and existing business relationships. - This report should combine the background, payments and financial information from Business Information Report with the power of the contractor to predict scores, helping determine both the current profile and future outlook for an account. The report should include the following information: Deliverables: (a) Predictive scores (b) Supporting data to help BLS to understand what the scores mean (c) Comparisons of company performance with D&B's industry norms for standard financial ratios, timelines of payment, credit risk and financial stress (d) Summarize business information on payment trends, financial performance, public record Filings and company operations to support your own assessment of an account (e) Credit Limit Recommendation: Provide a benchmark of how much credit to extend, based on The contractor's predictive scores and analysis of similar businesses. (f) Payment Trend Profile: Contractor shall show the business payment trends over the past year including industry comparison.