Justification posting for sole source subscription to Asset-Backed Securities and Commercial Mortgage Backed Securities databases

The U.S. Securities and Exchange Commission awarded a sole-source contract to Green Street Advisors LLC for a subscription to global news and statistical databases covering asset-backed securities and commercial mortgage-backed securities, justified under FAR 6.102(a) and 41 U.S.C. § 1901 due to the unique and irreplaceable nature of the data provided, with no other vendor offering comparable depth, timeliness, or breadth of market intelligence critical to the SEC’s regulatory oversight. The contract includes a one-year base period and four optional years, creating a potential five-year performance window, with delivery of digital content occurring remotely to the SEC’s office in Washington, D.C., 20549. The scope encompasses real-time access to authoritative databases and analytical newsletters on global issuance trends, pricing, market participants—including underwriters, issuers, trustees, law firms, and rating agencies—and regulatory developments within ABS, CMBS, and related real estate finance markets. No contract pricing, payment details, invoicing methods, or financial account codes were disclosed, consistent with the sole-source justification document’s purpose. The acquisition was not subject to competitive procedures, evaluation factors, or formal inspection criteria; acceptance is based on functional access to the subscribed services as delivered electronically. No packaging, labeling, or physical delivery requirements apply, nor are there applicable safety, security, or personnel clauses documented. Representations, certifications, or socioeconomic status disclosures for the vendor are absent from the record, and no attachments, clause listings, or formal delivery schedules beyond the option structure are included. The procurement was issued under solicitation number 50310226P0007 and posted on April 29, 2026, with Jeremy Garrett designated as the primary point of contact.