Advance Trading Risk Management & Market Guidance Platform

expired opportunity(Expired)
From: Federal Government(Federal)
PROGC240037

Basic Details

started - 18 Apr, 2024 (16 days ago)

Start Date

18 Apr, 2024 (16 days ago)
due - 25 Apr, 2024 (9 days ago)

Due Date

25 Apr, 2024 (9 days ago)
Bid Notification

Type

Bid Notification
PROGC240037

Identifier

PROGC240037
COMMODITY FUTURES TRADING COMMISSION

Customer / Agency

COMMODITY FUTURES TRADING COMMISSION
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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

Washington, DC, 20581, USALocation

Place Of Performance : Washington, DC, 20581, USA

Country : United StatesState : District of Columbia

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Classification

NAICS CodeCode 513120
Classification CodeCode U012