R -- Special Notice of Sole Source Procurement
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The Department of Housing and Urban Development (HUD) plans to enter into a sole source fixed-price purchase order with Moody’s Economy.com, Inc. to obtain access to a comprehensive collection of current economic and housing reports, including Precis State and Metro Reports, Housing Monitor Report, and Regional Financial Review. These reports, essential for HUD’s analytical and monitoring purposes, will be delivered online with frequent updates and will support up to 50 users, ensuring timely and accessible data delivery. The contract includes provisions for customer support to assist HUD in utilizing and adapting these services to meet the Department’s specific needs. This procurement follows the authority under FAR 6.302-1, allowing HUD to negotiate exclusively with Moody’s Economy.com due to the unique nature of the required supplies and services. While the notice is primarily for informational purposes and not a solicitation for competitive bids, HUD will consider any proposals received within 15 days of the notice publication before finalizing the sole source contract. The discretion to proceed without competition remains with the Government, which will evaluate any received information solely to decide whether to pursue a competitive procurement. The contract solicitation is managed by HUD’s Chicago office, with designated contract specialists available for contact.
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