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

Procurement Summary

Country : USA

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

Deadline : 25 Apr 2024

Other Information

Notice Type : Tender

TOT Ref.No.: 100224357

Document Ref. No. : PROGC240037

Competition : ICB

Financier : Self Financed

Purchaser Ownership : Public

Tender Value : Refer Document

Purchaser's Detail

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Tender Details

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.
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

Documents

 Tender Notice