Justification for Award of Single Source Purchase Order to Markit North America 50310225P0020
Summary
AI-generated · Aug 24, 2025Deliver credit default swap (CDS) reference data via the Wharton WRDS platform, including six key elements: unique identification codes for CDS reference entities; unique identification codes for CDS reference entity–reference obligation pairs; information on the legal relationship between a reference entity and a reference obligation; verified corporate events (corporate actions, CDS succession events, and credit events) that could affect CDS pricing and trading; unique identification codes for CDS indexes; and verified information on CDS indexes and their constituents, including updated weighting and index factors after a credit event.
The arrangement is a firm-fixed-price purchase order with one base year and four subsequent one-year options, awarded as a single-source contract to Markit North America.
The SEC requires a service that will deliver credit default swap (CDS) reference data, including information on entities, obligations, corporate actions and credit events. The data will be delivered through the Wharton WRDS platform and will include the following key features: (1) unique identification codes for CDS reference entities, (2) unique identification codes for pairs of CDS reference entities and reference obligations, (3) information on the legal relationship between a reference entity and a reference obligation, (4) verified corporate events (e.g., corporate actions, CDS succession events, credit events) that potentially affect the pricing and trading of CDSs, (5) unique identification codes for CDS indexes, and (6) verified information on CDS indexes and the constituents of CDS indexes including updated weighting and index factors upon a credit event. The period of performance for the firm-fixed price purchase order is one (1) base year with four (4) one (1) year options.
From Justification posted on Jul 29, 2025The SEC requires a service that will deliver credit default swap (CDS) reference data, including information on entities, obligations, corporate actions and credit events. The data will be delivered through the Wharton WRDS platform and will include the following key features: (1) unique identification codes for CDS reference entities, (2) unique identification codes for pairs of CDS reference entities and reference obligations, (3) information on the legal relationship between a reference entity and a reference obligation, (4) verified corporate events (e.g., corporate actions, CDS succession events, credit events) that potentially affect the pricing and trading of CDSs, (5) unique identification codes for CDS indexes, and (6) verified information on CDS indexes and the constituents of CDS indexes including updated weighting and index factors upon a credit event. The period of performance for the firm-fixed price purchase order is one (1) base year with four (4) one (1) year options.
From Justification posted on Sep 02, 2025Notice history
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Justification LATEST Posted Sep 02, 2025No changes from previous notice
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Place of Performance
USA