SPECIAL NOTICE
70 -- American Banker
- Notice Date
- 3/1/2013
- Notice Type
- Special Notice
- NAICS
- 519130
— Internet Publishing and Broadcasting and Web Search Portals
- Contracting Office
- Consumer Financial Protection Bureau, Consumer Financial Protection Bureau, Bureau of Public Debt for CFPB, 1700 G St, Washington, District of Columbia, 20052, United States
- ZIP Code
- 20052
- Solicitation Number
- SS-CFPB-13-0046
- Archive Date
- 3/7/2013
- Point of Contact
- Jeremiah Weatherman, , G. Hanna,
- E-Mail Address
-
psb3@bpd.treas.gov, psb3@bpd.treas.gov
(psb3@bpd.treas.gov, psb3@bpd.treas.gov)
- Small Business Set-Aside
- N/A
- Description
- The Bureau of Public Debt, on behalf of the Consumer Financial Protection Bureau (CFPB) intends to award an Order to Source Media Inc. on a sole source basis, under authority of FAR 6.302-1, for subscriptions to American Banker. In 2010 Congress passed and President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act). This act created the Consumer Financial Protection Bureau. Congress established the CFPB to protect consumers by carrying out Federal consumer financial laws. The CFPB's core functions can be described but are not limited to the following: 1. Conduct rule-making, supervision, and enforcement for Federal consumer financial protection laws 2. Restrict unfair, deceptive, or abusive acts or practices 3. Take consumer complaints 4. Promote financial education 5. Research consumer behavior 6. Monitor financial markets for new risks to consumers 7. Enforce laws that outlaw discrimination and other unfair treatment in consumer finance As part of a foundational package of information resources American Banker, provided by Source Media, is the only responsible source that can meet the CFPB's need for a robust selection of industry information resources. When CFPB supervision and enforcement attorneys engage with opposing counsel representing banks and other financial institutions on these issues, without the benefit of having read this publication, CFPB is placed at a severe disadvantage; undermining the first core function of the bureau as outlined above. In addition to covering regulatory reform, banking industry and the markets, the American Banker covers the unique activities of the bureau in order to satisfy specific operation needs related to consumer finance as documented below. American Banker has a microsite specifically dedicated to Dodd-Frank Reform, as stated above the bureau was created from the Dodd-Frank Act (Title X). Topics within this American Banker subscription include: a comprehensive database of bank rankings, league tables and vital statistics, average deposit and loan rates by product and by state, quarterly assessment of the key metrics that drive bank performance, comparative analysis of deposit, loan, and investment product performance and peer evaluations of compliance based on the primary regulatory metrics and ratios. Again, considering the core functions of the CFPB, the coverage as explained above is not only relevant it also provides data that is essential to the work of the employees and cannot be accessed by any other known subscription. CFPB employees must be well informed and have access to the same information as that of the very industry it regulates. In order to support its rulemaking and other functions the CFPB is congressionally mandated to monitor for risks to consumers in the offering or provision of consumer financial products or services including developments in markets for such products or services as set forth in Section 1022(c)(1) of the Dodd-Frank Act. No solicitation document is available. The Bureau of the Public Debt will consider all affirmative responses. Affirmative responses shall be accompanied by sufficient documentation to clearly show the ability to provide the requirement, at terms more advantageous to the Government. A request for more information will not be considered an affirmative response. If no affirmative written response is received that clearly demonstrates the ability to meet all requirements, and is more advantageous to the Government, we intend to proceed with the sole-source award for a 12-month base period and three (3) 12-month option periods to Source Media Inc. Electronic submissions, in response to this special notice, shall be sent to the attention of J. Weatherman referencing SS-CFPB-13-0046 and emailed to psb3@bpd.treas.gov. Interested offerors may register at http://www.fedbizopps.gov to receive notification when the solicitation and any amendments are issued and available for downloading. Please note that the General Services Administration provides the notification service as a convenience and does not guarantee that notifications will be received by all persons on the mailing list. Therefore, we recommend that you monitor the FedBizOpps site for all information relevant to desired acquisitions.
- Web Link
-
FBO.gov Permalink
(https://www.fbo.gov/notices/a517895b04e19993c5d635a17fd273f5)
- Record
- SN03001244-W 20130303/130302092301-a517895b04e19993c5d635a17fd273f5 (fbodaily.com)
- Source
-
FedBizOpps Link to This Notice
(may not be valid after Archive Date)
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