Notification of the SEC's Intent to Award a Single Source Purchase Order to Investment Technology Group

The U.S. Securities and Exchange Commission plans to award a fixed-price purchase order directly to Investment Technology Group for access to Cost Curve Data and the ITG Logic tool, which uses a proprietary econometric model known as the Agency Cost Estimator. This model provides critical estimates of expected transaction costs and opportunity costs necessary for the SEC’s analytical needs. The SEC has determined that Investment Technology Group is the sole provider capable of delivering this unique combination of trade transaction and opportunity cost data integrated with econometric modeling in a web-accessible format, and therefore this procurement will proceed on a single-source basis without a competitive solicitation. The initial purchase order will cover a period of one year, with the possibility of four additional one-year options, and the total value will remain below the Simplified Acquisition Threshold. The SEC intends to award this contract around March 19, 2014. Although this notice is not a request for proposals, the agency is open to considering other interested parties that express their capability to meet the requirement by the specified response date. The contract aligns with NAICS code 541990, and primary contact points for further information include Christina J. Turner and Contracting Officer Jeanette Snyder at the SEC.