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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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