Bloomberg Shared Terminals for CFTC

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Title:  

Bloomberg Shared Terminals for CFTC

Agency:  

U.S. Commodity Futures Trading Commission

State:  

District of Columbia

NAICS Code:  

519290

Industry:  

Financial Services

Solicitation Type:  

Sole Source

Solicitation ID:  

PROGC250026

Open Date:  

6/4/2025

Questions Due Date:  

6/10/2025

Close Date:  

6/10/2025

Projected Award Date:  

6/30/2025

Project Duration:  

5 years

Last Updated:  

6/10/2025

Description:
The Commodity Futures Trading Commission (CFTC) intends to award a sole source contract to Bloomberg Financial L.P. to renew its subscriptions for Bloomberg professional terminal services. The contract is for a total period of performance of five years, with one base year and four one-year options. The CFTC uses Bloomberg as a unique source for its proprietary financial data and as a shared terminal service. The key aspects of this opportunity include: • The contract is for the renewal of Bloomberg professional terminal services • The contract period is for five years • The CFTC uses Bloomberg for market oversight and surveillance • The contract is being awarded under FAR 6.302-1 and 41 U.S.C. 3304(a)(1) due to the uniqueness of the service provided by Bloomberg
Attached Files:

Please visit the bid source via the “Link to Bid Source” button below for documentation.

Contact Information:

Benjamin Van Wormer

bvanwormer@cftc.gov

(202) 418-5498

Budget Estimate (AI):

$100,000 – $500,000

The budget for this contract can be estimated based on the fact that it is a sole source contract for the renewal of Bloomberg professional terminal services. The cost of such services can vary widely depending on the number of terminals and the scope of the services. However, as a rough estimate, the cost of Bloomberg terminal services can range from $20,000 to $100,000 per year, depending on the number of users and the services provided. Therefore, for a five-year contract, the total budget could be in the range of $100,000 to $500,000.

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