Procurement Summary
Country : USA
Summary : Intent to Sole Source Rhodium Group
Deadline : 06 Mar 2024
Other Information
Notice Type : Tender
TOT Ref.No.: 97647377
Document Ref. No. : SS-OFR-24-057
Competition : ICB
Financier : Self Financed
Purchaser Ownership : Public
Tender Value : Refer Document
Purchaser's Detail
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Description
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 Rhodium Group LLC, 5 Columbus Circle Suite 1801, New York, NY, 10019, on a sole source basis, under authority of FAR 6.302-1, for an enterprise license for their research distributions, web-based Archive and Data Toolkit, and retainer access for consultation via email, Zoom, phone, and in person research as it pertains to the China Markets Research product. Rhodium Group LLC has been identified as the only source capable of providing the required content in an arrangement that suits the needs of OFR/FSOC.
Rhodium-s China Markets Research team helps clients understand and anticipate China-s structural and cyclical economic shifts and their corresponding impacts on market trends. Rhodium has designed its China Markets Research service differently from other China research products by employing a simple premise: credit conditions, and corporate credit conditions in particular, offer the greatest explanatory power over China-s economic outcomes. In an investment-driven economy with weak operating cash flows, changes in credit conditions have an outsized impact on changes in cyclical activity. Consequently, inflection points in credit conditions are far more important than Beijing-s policy pronouncements and official macroeconomic data, as the headlines often present a smoothed version of China-s economic cycle.
Rhodium-s approach involves following the money driving China-s economy using both a top-down and bottom-up framework. Accordingly, our work focuses on developing improved top-down measures of the overall credit impulse, supplemented by a substantial database concerning the activities of every financial institution in China. Rhodium has also designed a proprietary indicator of China-s industrial activity (the Rhodium China Activity Tracker), with a unique methodology designed to...
Active Contract Opportunity Notice ID SS-OFR-24-057 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-05:00) EASTERN STANDARD TIME, NEW YORK, USA
Original Published Date: Feb 22, 2024 08:45 am EST
Original Response Date: Mar 06, 2024 10:00 am EST
Inactive Policy: 15 days after response date
Original Inactive Date: Mar 21, 2024
Initiative: None
Classification
Original Set Aside:
Product Service Code: B547 - SPECIAL STUDIES/ANALYSIS- ACCOUNTING/FINANCIAL MANAGEMENT
NAICS Code: 541611 - Administrative Management and General Management Consulting Services
Place of Performance:
Documents
Tender Notice
Internal-ISS.pdf