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Notice of Intent to Award Sole Source

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16PBGC20Q0067Federal

Contract Overview

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

AI Contract Overview

The Pension Benefit Guaranty Corporation (PBGC) intends to award a firm-fixed-price contract on a sole source basis to Dow Jones & Company, Inc. for the provision of a subscription service to a web-based platform focused on bankruptcy news, analysis, research, and tracking. This service will support PBGC attorneys and other stakeholders in conducting bankruptcy and business research, facilitating discovery, verification of current case information, and maintaining situational awareness. The subscription will include access for up to 999 users, with login credentials and a daily newsletter intended for distribution throughout the agency. The platform will be delivered electronically to the PBGC Library Staff with permissions for internal sharing. The contract is expected to be awarded by September 29, 2020, covering a one-year base period commencing September 30, 2020, with two optional one-year extensions, potentially extending through September 28, 2023. This procurement is conducted under FAR Part 12 and FAR Subpart 13.501, and aligned with NAICS code 519130, which pertains to Internet Publishing and Broadcasting and Web Search Portals. The notice clarifies that this is not a request for competitive quotes but a formal announcement of the sole source award intent, fulfilling PBGC’s need for timely, reliable financial news data essential to its mission of protecting retirement incomes for millions of American workers.

General Info

Sole source contract with Dow Jones for bankruptcy news subscription, up to 999 users, one-year term.

Agency

Department Of Labor → Pension Benefit Guaranty Corporation

NAICS

519130 - Internet Publishing and Broadcasting and Web Search Portals

Place of Performance

USA

Set-Aside

NONE

Documents

No documents available

Documents will appear here when they are available.

AI Contract Breakdown

Uniform Contract Format

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Timeline

PostedSep 17

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Organization & Contact Information

AgencyDepartment Of Labor → Pension Benefit Guaranty Corporation

Contacts1 person available

OfficeUSA

Organization / AgencyDepartment Of Labor → Pension Benefit Guaranty Corporation

Office AddressUSA

Contacts

Monique Anthony

contact@example.gov

Full Description

This notice is in accordance with FAR Subpart 5.2, Synopses of Proposed Contract Actions. The Pension Benefit Guaranty Corporation (PBGC), Procurement Division is the contracting office for this procurement. The purpose of this notice is to announce the intent to award a firm-fixed-price contract on a sole source basis to Dow Jones & Company, Inc., 1211 Avenue of the Americas, NY, NY 10036-8701 (DUNS: 001316702) in accordance with FAR Part 12 and FAR Subpart 13.501. The Pension Benefit Guaranty Corporation (PBGC) protects the retirement incomes of over 35 million American workers in private-sector defined benefit pension plans. A defined benefit plan provides a specified monthly benefit at retirement, often based on a combination of salary and years of service. PBGC was created by the Employee Retirement Income Security Act of 1974 to encourage the continuation and maintenance of private-sector defined benefit pension plans, provide timely and uninterrupted payment of pension benefits, and keep pension insurance premiums at a minimum. In fiscal year 2019, PBGC paid for monthly retirement benefits, up to a guaranteed maximum, for more than 932,000 retirees in more than 4,900 single-employer plans that cannot pay promised benefits. Including those who have not yet retired and participants in multiemployer plans receiving financial assistance, PBGC is responsible for the current and future pensions of about 1.5 million people. PBGC's has a requirement to obtain data from financial news reporting. Bankruptcy and business news content will be used by agency attorneys and other stakeholders involved in bankruptcy and business research to discover and verify information in current cases, and for current and situational awareness. The contractor shall provide a subscription to a bankruptcy news, analysis, research, and tracking web- based platform to be accessed via login and password for up to 999 users, to include a daily newsletter. The newsletter and website shall be delivered to the PBGC Library Staff electronically, with permissions to share the newsletter content throughout the agency. It is anticipated that an award will be issued on or before September 29, 2020, with a one (1) year base period and two (2) one (1) year option periods of performance from September 30, 2020 through September 28, 2023, if all options are exercised. The applicable NAICS Code is 519130 (Internet Publishing and Broadcasting and Web Search Portals). This is NOT a request for competitive quotes. This notice of intent is for informational purposes only.