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SAMDAILY.US - ISSUE OF FEBRUARY 20, 2021 SAM #7023
SPECIAL NOTICE

D -- Notification of the SEC's Intent to Award a Single Source Purchase Order to Virtu ITG Solutions Network LLC

Notice Date
2/18/2021 7:19:09 AM
 
Notice Type
Special Notice
 
NAICS
511210 — Software Publishers
 
Contracting Office
SECURITIES AND EXCHANGE COMMISSION WASHINGTON DC 20549 USA
 
ZIP Code
20549
 
Solicitation Number
33000210033
 
Response Due
2/25/2021 7:00:00 AM
 
Archive Date
03/12/2021
 
Point of Contact
Christina J. Turner
 
E-Mail Address
turnerc@sec.gov
(turnerc@sec.gov)
 
Description
The U.S. Securities and Exchange Commission (SEC) intends to award a fixed-price purchase order on a single source basis to Virtu ITG Solutions Network LLC, One Liberty Plaza, 165 Broadway, New York, New York, 10006 for access to ITG�s Cost Curve Data and ITG Logic. The NAICS code is 511210.� The contracting officer has determined that Virtu ITG Solutions Network LLC is the only source that can reasonably meet the SEC�s requirement in accordance with FAR Part 13.106-1(b).� Virtu ITG�s Cost Curve Data and ITG Logic use a proprietary econometric model called Agency Cost Estimator, which provides estimates of expected transaction costs and opportunity costs. Virtu ITG is the only known source that provides trade transaction and opportunity costs data in combination with econometric modeling for use in a web-accessible tool. The period of performance for the purchase order is anticipated to be one year with four one year option periods and the total value of the order shall be below the Simplified Acquisition Threshold. The SEC intends to award a purchase order to Virtu ITG Solutions Network LLC on or about March 16, 2021. This notice is not a competitive request for proposals.� A competitive solicitation will not be issued. However, the government will give consideration to interested parties that identify their interest and capability to respond to the requirement or submit proposals by the response date of this notice.
 
Web Link
SAM.gov Permalink
(https://beta.sam.gov/opp/42d86018d7b04ef1bdd516a027592679/view)
 
Record
SN05919864-F 20210220/210218230108 (samdaily.us)
 
Source
SAM.gov Link to This Notice
(may not be valid after Archive Date)

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