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Justification publication for Law360 legal news subscription

Awarded
50310226F0070Federal

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

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The U.S. Securities and Exchange Commission has issued a sole source justification for a delivery order under GSA Multiple Award Schedule contract 47QREA22D0014 to procure a Law360 legal news subscription services for enterprise-wide use. The acquisition is justified under GSAM/R 538.7104-3(b)(1)(ii) and 41 U.S.C. § 152(3), as RELX, Inc. is the exclusive provider of Law360, a highly specialized and unique platform offering proprietary legal content on litigation, securities law, bankruptcy, mergers and acquisitions, and fintech, which cannot be obtained from any other source. The service includes real-time digital access to original analysis, searchable archives, email alerts, and daily newsletters over a five-year period comprising one base year and four option years, with performance and delivery occurring electronically at the SEC’s headquarters in Washington, D.C. No physical deliverables, packaging, or marking requirements apply, and the contract is structured as a firm-fixed-price delivery order under the Federal Supply Schedule without competitive bidding. Certification by both technical and contracting officials confirms the uniqueness of the solution and compliance with procurement regulations, while no pricing data, line items, or cost details are disclosed. The procurement does not involve competitive evaluation factors, socioeconomic certifications, security clearances, or key personnel requirements, and no formal proposals, submission deadlines, or attachment inventories are applicable due to its non-competitive nature. The contracting office is located in Washington, D.C., with Jeremy Garrett as the primary point of contact, and the agency’s activity code is 503102.

General Info

SEC procures sole-source Law360 subscription for legal news under existing FSS contract.

Agency

Securities And Exchange CommissionView Agency

NAICS

513110 - Newspaper PublishersView NAICS

Place of Performance

Washington, DC, 20549, USA

Set-Aside

NONE

Documents

(1)

Sole Source Justification for Law360 Subscription at SEC

PDFjustification-and-authorization

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Timeline

PhaseAwarded
Posted

Justification (J&A)

Awarded

Contract was awarded

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Organization & Contact Information

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AgencySecurities And Exchange Commission
Contacts1 person available
OfficeWASHINGTON, DC, 20549, USA
Organization / Agency
Securities And Exchange Commission
View Agency Profile
Office AddressWASHINGTON, DC, 20549, USA
Contacts
Jeremy Garrett

Full Description

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In accordance with Subpart 538.7104-3, this justification is published for a sole source delivery order placed against an FSS contract for Law360 legal news subscription.    

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NAICS: 519290
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Financial Data Sources subscription
Solicitation # 50310226Q0222
The U.S. Securities and Exchange Commission (SEC) is conducting market research through a Sources Sought notice (solicitation 50310226Q0222) to identify providers for a Financial Data Sources subscription. The SEC is specifically seeking Commercial Off The Shelf (COTS) subscriptions and is not interested in solutions requiring development. The requirement encompasses three primary delivery methods: access to databases such as I/B/E/S Estimates, Insider Filing Data, Mutual Fund and 13F Ownership, and DealScan via the Wharton Research Data Services (WRDS) platform; the Lipper Hedge Fund Database delivered as compressed zip files for hosting on an SEC server; and a web-based or desktop system for real-time financial transactions and economic time series data. The scope includes specific user allocations, with 550 users for the financial transactions database, 67 for Lipper Hedge Funds, and smaller groups for WRDS-based services. Technical requirements emphasize data integrity, particularly for 13F holdings, and comprehensive documentation including data models, schemas, and table definitions. The SEC also requires the ability to make insubstantial amounts of licensed data public for academic or legal purposes, provided the contractor is cited as the source. Interested respondents must submit a package by September 16, 2026, consisting of a three-page summary cover letter, a capability description limited to 15 pages, a completed requirements matrix and questionnaire, and a price estimate covering one base year and four option years. This notice is for informational purposes only and does not constitute a formal request for proposal or a commitment to award a contract.
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