This Solicitation opportunity from New York was posted on June 9, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Subscription services for macroeconomic forecasting, instrumental in projecting activity levels and revenue in connection with access to historical and forecast databanks, publications, and online analyses
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
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AI Contract Overview
The Port Authority of New York and New Jersey plans to establish a sole source contract with IHS Global Inc. to provide subscription services for macroeconomic forecasting. These services are essential for projecting activity levels and revenue by granting access to historical and forecast databanks, publications, and online analyses. The subscription offers critical business intelligence on key economic indicators such as employment, gross domestic product, trade, and consumer price index, which support agency-wide activities including forecasting, planning, capital investments, policy development, and budgeting. Interested firms that believe they can compete are invited to submit a brief statement of their intent to respond by June 23, 2025, with responses directed to Nancy Cruz via email. The contract is not guaranteed to be awarded through a competitive process, and the Port Authority reserves the right to solicit proposals at its discretion. All vendors, especially those new to working with the agency, are encouraged to register as vendors and review bid opportunities on the agency’s website. The procurement process emphasizes compliance with civil rights laws, ensuring equal opportunity and non-discrimination for all bidders, including disadvantaged, minority, and women-owned business enterprises. The contract is valued between $500,000 and $2,000,000 and will be performed across all counties in New York State, with the response deadline set for June 23, 2025.
General Info
Agency
Place of Performance
NY, USASet-Aside
Documents
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Timeline
Submission Closed
Organization & Contact Information
Full Description
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