Notice of Sole Source Award - CreditSights Web-based Subscription

The Pension Benefit Guaranty Corporation (PBGC) has entered into a sole source contract with Fitch Solutions, Inc. for web-based subscription services specifically for the CreditSights platform. The contract was awarded under the authority of the Simplified Procedures for Commercial Items and based on the determination that Fitch Solutions is the only responsible source capable of fulfilling PBGC’s requirements, as referenced by the Federal Acquisition Regulation provisions allowing such noncompetitive awards. A redacted justification for this noncompetitive action has been made available to ensure transparency. The award, designated under solicitation number 16PBGC25C0066, was granted on August 22, 2025, for the amount of $1,107,856. The period of performance and further competition are not applicable, as this is a sole source action. The work will take place in Washington, DC, with Fitch Solutions—headquartered in New York, NY—serving as the contractor. No set-aside was used for this procurement, and the contract falls under the NAICS code 519290, which pertains to web-based information services. The key point of contact for this contract at PBGC is Dennis Johnson. This notification serves only for transparency and does not solicit responses or additional competition.