Intent to Sole Source - Clarus Financial Tender, USA - 115446386

Procurement Summary

Country : USA

Summary : Intent to Sole Source - Clarus Financial

Deadline : 14 Mar 2025

Other Information

Notice Type : Tender

TOT Ref.No.: 115446386

Document Ref. No. : SS-OFR-25-043

Competition : ICB

Financier : Self Financed

Purchaser Ownership : Public

Tender Value : Refer Document

Purchaser's Detail

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Tender Details

Description

INTENT TO SOLE SOURCE

Clarus Financial

SS-OFR-25-043

The Bureau of the Fiscal Service (Fiscal Service), on behalf of Financial Research (OFR) and Financial Stability Oversight Council (FSOC), intends to contract with Clarus Financial Technology, Inc., 6902 Corte Madrid, Pleasanton, California 94566-8606 on a sole source basis for online access to the Clarus Financial Datasets. The NAICS code is 518210 and PSC is 7630. The Contracting officer has determined that Clarus Financial Technology, Inc. is the only source that can reasonably meet the OFR and FSOC-s requirement in accordance with FAR Part 13.106-1(b), for the following licenses: Clarus CCPView (Volumes and Open Interest), CCPView Disclosures, SEF, SDRView Professional and SBSDRView Subscription, API access to all data products and GUI Access for ten (10) users.

OFR requires access to an aggregated set of central clearing data across all asset classes including swap classes. Access to a consolidated dataset allows OFR to monitor market activity to analyze the scope, size, and role of CCPs across asset classes (Part 16 data) and public SDR (Part 43) data. The platform should provide data that has been consolidated and cleaned. Access to this or similar information allows OFR to closely monitor OTC derivatives markets on an aggregate level. In addition, Clarus data was used by OFR staff for developing the Financial Developments Derivatives Markets section of the FSOC Annual Report. Due to ongoing research based in part from data provided by Clarus Financial Technology-s products, continuation of that research must require any other product to meet or exceed the minimum features of Clarus- products so not to disrupt or render inaccurate former or current works in progress. The Clarus SDRView, CCPView, SEFView, and SBSDRView data products are the only known products that aggregate publicly available SDR, CCP, SEF, and SBSDR data along with data consolidation and normalization to del...
Active Contract Opportunity
Notice ID : SS-OFR-25-043
Related Notice
Department/Ind. Agency : TREASURY, DEPARTMENT OF THE ::
General Information
Contract Opportunity Type: Special Notice (Original)
Original Published Date: Feb 26, 2025 01:36 pm EST
Original Response Date: Mar 14, 2025 10:00 am EDT
Inactive Policy: 15 days after response date
Original Inactive Date: Mar 29, 2025
Initiative: None

Classification
Original Set Aside:
Product Service Code: 7630 - NEWSPAPERS AND PERIODICALS
NAICS Code: 518210 - Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services

Place of Performance: Washington, DC 20005 USA

Documents

 Tender Notice

Intent-to-Sole-Source.pdf