Notice of Intent to Sole Source Advance Trading Risk Management & Market Guidance Platform

Agency: COMMODITY FUTURES TRADING COMMISSION
State: District of Columbia
Level of Government: Federal
Category:
  • U - Education and Training Services
Opps ID: NBD00159688732555364
Posted Date: Apr 18, 2024
Due Date: Apr 25, 2024
Solicitation No: PROGC240037
Source: Members Only
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Notice of Intent to Sole Source Advance Trading Risk Management & Market Guidance Platform
Active
Contract Opportunity
Notice ID
PROGC240037
Related Notice
Department/Ind. Agency
COMMODITY FUTURES TRADING COMMISSION
Sub-tier
COMMODITY FUTURES TRADING COMMISSION
Office
COMMODITY FUTURES TRADING COMM
General Information
  • Contract Opportunity Type: Special Notice (Updated)
  • All Dates/Times are: (UTC-04:00) EASTERN STANDARD TIME, NEW YORK, USA
  • Updated Published Date: Apr 18, 2024 04:43 pm EDT
  • Original Published Date: Apr 18, 2024 04:40 pm EDT
  • Updated Response Date: Apr 25, 2024 12:00 pm EDT
  • Original Response Date: Apr 25, 2024 12:00 pm EDT
  • Inactive Policy: 15 days after response date
  • Updated Inactive Date: May 10, 2024
  • Original Inactive Date: May 10, 2024
  • Initiative:
    • None
Classification
  • Original Set Aside:
  • Product Service Code: U012 - EDUCATION/TRAINING- INFORMATION TECHNOLOGY/TELECOMMUNICATIONS TRAINING
  • NAICS Code:
    • 513120 - Periodical Publishers
  • Place of Performance:
    Washington , DC 20581
    USA
Description

This notice is being published in accordance with Federal Acquisition Regulation (FAR) Subpart 5.101 requiring dissemination of information for proposed contract actions. This is a notice of intent to award a sole source purchase order, and is not a request for competitive quotes.



The Commodity Futures Trading Commission (CFTC) intends to award a purchase order to Advance Trading, Inc. on a sole source basis to renew one (1) concurrent license to the Advance Trading platform which evaluates risk and determines appropriate strategies to manage that risk environment for corn, wheat, and soybeans. This requirement includes a 12-month base period and two (2) 12-month option periods. The base period of performance of the order will be May 1, 2024 through April 30, 2025.



Advance Trading, Inc. is the only known source for these services and the CFTC is unaware of any alternative solutions. The Government intends to procure this requirement under FAR 13.106-1(b)(1) and 41 U.S.C. 3304(a)(1) – “the property or services needed by the executive agency are available from only one responsible source and no other type of property or services will satisfy the agency requirements.” THIS NOTICE IS NOT A REQUEST FOR COMPETITIVE QUOTATIONS nor a solicitation of offers. However, the Government will consider written responses from all responsible sources received by 12:00pm ET, April 25, 2024. Written responses must include sufficient information to establish capability to fulfill the requirement. Oral communications are not acceptable in response to this notice. Information received will be considered solely for the purpose of Market Research. A determination not to compete this requirement is solely at the discretion of the Government. No formal solicitation package is available. The Government will not be responsible for any costs of preparation in response to this announcement.


Attachments/Links
Contact Information
Contracting Office Address
  • Business Operations Branch 1155 21st Street, NW
  • Washington , DC 20581
  • USA
Primary Point of Contact
Secondary Point of Contact
History

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