Private market data subscription

Q&A Posting (June 23, 2025): This posting is updated to provide the SEC responses to questions - see attachment entitled: SEC responses to questions. All other terms and conditions of the Sources Sought remain unchanged.

Original Notice (June 9, 2025):

The U.S. Securities and Exchange Commission (SEC) is issuing this notice to seek sources for subscription to private market data. The SEC is seeking information on subscription products that offer both data subscription and a web-based research platform. The SEC is seeking information from sources that currently have a Commercial Off The Shelf (COTS) subscription that meets all requirements in Attachment 1 – SEC Draft Requirements List. The SEC is not seeking subscription products that require development.

Each respondent to this Sources Sought notice shall provide the following:

1. Summary/cover letter (limited to 3 pages) with following company information:

• Business name and address;


• SAM Unique Entity Identifier (UEI) number


• Name of company representative and their business title;


• Business size and any whether company has any current socio-economic classifications (e.g. Service Disabled Veteran Owned Small Business (SDVOSB)


• Cage Code and DUNS;


• Contract vehicles that would be available to the Government for the procurement of the product and service, to General Service Administration (GSA), GSA MOBIS, NIH, NASA SEWP, FEDLINK, Federal Supply Schedules (FSS), or any other Government Agency contract vehicle. (This information is for market research only and does not preclude your company from responding to this notice.)

2. A description of your company’s subscription product to demonstrate it meets the SEC’s requirements. Merely restating the requirements is not sufficient.

3. A sample report from the subscription product and a sample of the accompanying data.

4. Price estimate: the SEC requests a price estimate with separately priced lines items:

- Data subscription (enterprise)

- Web platform with price Tiers for 10 and up to 20 users.

The SEC requests pricing for a Base Year and a minimum of 2 Option Years. Note: In a formal procurement the SEC may reserve the right to award for one or both of these items; therefore, it is important that the pricing for the data subscription and web-platform be separate/distinct.

Question and Response Deadline:

All questions regarding this notice must be submitted to garrettj@sec.gov by no later than 3:00 PM EDT on June 18, 2025. All responses to this notice must be submitted to garrettj@sec.gov by no later than 3:00 PM EDT on June 30, 2025. All responses must include: 1. Summary/cover letter 2. A description your company’s subscription product to meet the SEC’s requirements, 3. Sample report and accompanying data, and 4. Price estimate.

Note: The SEC may contact respondents for further information including technical demonstrations as part of market research process.

DISCLAIMER:

THIS SOURCES SOUGHT IS FOR INFORMATIONAL PURPOSES ONLY. THIS IS NOT A REQUEST FOR PROPOSAL. IT DOES NOT CONSTITUTE A SOLICITATION AND SHALL NOT BE CONSTRUED AS A COMMITMENT BY THE GOVERNMENT. RESPONSES IN ANY FORM ARE NOT OFFERS AND THE GOVERNMENT IS UNDER NO OBLIGATION TO AWARD A CONTRACT AS A RESULT OF THIS ANNOUNCEMENT. NO FUNDS ARE AVAILABLE TO PAY FOR PREPARATION OF RESPONSES TO THIS ANNOUNCEMENT. ANY INFORMATION SUBMITTED BY RESPONDENTS TO THIS TECHNICAL DESCRIPTION IS STRICTLY VOLUNTARY.

Proprietary information and trade secrets, if any, must be clearly marked on all materials. All information received that is marked Proprietary will be handled accordingly. Please be advised that all submissions become Government property and will not be returned. All government and contractor personal reviewing sources sought responses will have signed non-disclosure agreements and understand their responsibility for proper use and protection from unauthorized disclosure of proprietary information as described 41 USC 423. The Government shall not be held liable for any damages incurred if proprietary information is not properly identified.