Subscription renewal for the Center for Research in Security Prices (CRSP) database.

This notice is in accordance with FAR Subpart 5.2, Synopses of Proposed Contract Actions. The Pension Benefit Guaranty Corporation (PBGC), Procurement Division is the contracting office for this procurement. The purpose of this notice is to announce the intent to award a firm-fixed-price contract on a sole source basis to Center for Research in Security Prices, LLC (CRSP) (DUNS: 032309513) in accordance with FAR Part 12 and FAR Subpart 13.501. Policy Research and Analysis Department (PRAD) requires data in order to be able to accurately estimate statistical properties of a wide range of different asset classes and investment strategies. Mutual fund data is sought because it covers the necessary range of assets classes (beyond what is available from standard market indices). Data on inactive funds is necessary to get accurate statistical estimates free from survivor bias. If only active fund data is used, estimates of returns are significantly inflated, since poor performing funds are less likely to survive as active funds. Accurate data on the historic size of trades (including both odd and even lots) is also necessary to get accurate market-weighted statistical estimates. PRAD's program needs cannot be met without this data. PRAD is required to provide reports to PBGC management, other government agencies and congress that on risks affecting the defined benefit pension system and PBGC’s insurance programs. An important component of those risks is investment risk, which can only be assessed with accurate measurements of the risks characterizing the asset classes present in pension fund and PBGC investments. CRSP is the only provider of both active and inactive mutual funds and contains over 64,000 funds. To support PBGC with this requirement, it is necessary to have access to data on both active and inactive funds in order to avoid serious problems with survivorship bias. It is anticipated that contract award will be issued on or before September 30, 2022, with a one (1) year base period from September 30, 2022, through September 29, 2023. The applicable NAICS Code is 611310, Colleges, Universities, and Professional Schools. This is NOT a request for competitive quotes. This notice of intent is for informational purposes only. However, all interested parties may submit their capability statements for the required services, which shall be considered by the agency if received by the Points of Contact (POC) listed below by 9:00 AM, ET, on August 15, 2022 (reference Solicitation No. 16PBGC 22Q0051.) . A determination to compete the proposed procurement based upon responses to this notice is solely with the discretion of the Government. POCs: Ejona Lika, Contracting Officer at [email protected] and Nicholas Castrinos, Contract Specialist, at [email protected]. Oral communications will not be accepted in response to this notice.