T -- Financial Information Systems

The Securities and Exchange Commission plans to enter negotiations with Reuters to secure a real-time and historical comprehensive financial information system covering both U.S. and international financial markets, along with analytical capabilities. This procurement will proceed on a basis other than full and open competition, suggesting a sole-source negotiation approach. The contract envisions an annual subscription initially, with the possibility to extend up to four additional one-year options, providing a total potential contract duration of five years. While Reuters is the anticipated provider, the agency invites other organizations to submit their qualifications and capabilities for consideration to provide these services. This effort aims to enhance the Commission’s access to timely and detailed financial data and analytical tools crucial for market oversight and regulatory functions. The solicitation was posted in June 2002, and the agency office responsible for this contract is located in Washington, D.C.