Intent to sole source - National Association of Insurance Commissioners InfoPro Tender

TREASURY, DEPARTMENT OF THE | BUREAU OF THE FISCAL SERVICE has floated a tender for Intent to sole source - National Association of Insurance Commissioners InfoPro. The project location is USA and the tender is closing on 18 Sep 2024. The tender notice number is SS-OFR-24-126, while the TOT Ref Number is 106902249. Bidders can have further information about the Tender and can request the complete Tender document by Registering on the site.

Expired Tender

Procurement Summary

Country : USA

Summary : Intent to sole source - National Association of Insurance Commissioners InfoPro

Deadline : 18 Sep 2024

Other Information

Notice Type : Tender

TOT Ref.No.: 106902249

Document Ref. No. : SS-OFR-24-126

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

National Association of Insurance Commission (NAIC)

SS-OFR-25-002

The Bureau of the Fiscal Service, on behalf of the Office of Financial Research (OFR) and the Financial Stability Oversight Council (FSOC) intends to make award to National Association of Insurance Commissioners, 1100 Walnut ST STE 1500 Kansas City, MO 64106-2277 on a sole source basis, under authority of FAR 6.302-1, for The National Association of Insurance Commission (NAIC) InfoPro product. The National Association of Insurance Commission (NAIC) has been identified as the only source capable of providing the required content in an arrangement that suits the need of the OFR. The OFR/FSOC needs the National Association of Insurance Commission (NAIC) InfoPro product. InfoPro contains data from the world-s largest insurance regulatory database and helps industry leaders determine market share, conduct market research, and monitor industry trends.

The NAIC InfoPro product covers a wide variety of insurance data including the following: Property/Casualty, Life/Accident & Health, Health, Title, and Fraternal. The product includes annual data from 1991 to 2024 and contains a series of financial statements; security holdings and transactions; and derivative positions and transactions. The service also provides information on corporate credit risk, market structure, corporate bond markets, Treasury markets, derivative markets, and securities financing data from regulatory filings by insurance firms.

These sectors have been important contributors to financial stability risk in the past and continue to be pertinent to OFR-s assessment of risk to the financial system. In particular, OFR closely monitors the corporate and Treasury markets, for which insurers hold a significant fraction of securities. The service also includes information on the CDS market, which was a source of instability in the last crisis. Analysis of the NAIC InfoPro data can infor...
Active Contract Opportunity
Notice ID : SS-OFR-24-126
Related Notice
Department/Ind. Agency : TREASURY, DEPARTMENT OF THE
Sub-tier : BUREAU OF THE FISCAL SERVICE
Office: ARC DIV PROC SVCS - DO
General Information
Contract Opportunity Type: Special Notice (Original)
All Dates/Times are: (UTC-04:00) EASTERN STANDARD TIME, NEW YORK, USA
Original Published Date: Sep 06, 2024 10:24 am EDT
Original Response Date: Sep 18, 2024 10:00 am EDT
Inactive Policy: 15 days after response date
Original Inactive Date: Oct 03, 2024
Initiative: None

Classification
Original Set Aside:
Product Service Code: 7630 - NEWSPAPERS AND PERIODICALS
NAICS Code: 519290 - Web Search Portals and All Other Information Services

Place of Performance: Kansas City, MO 64106 USA

Documents

 Tender Notice

Intent-to-Sole-Source.docx


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