The U.S. Securities and Exchange Commission (SEC) has announced its intent to award a firm-fixed-price purchase order, on a sole source basis, to Backstop Solutions Group for access to their Hedge Fund database. This resource is integral to the SEC’s datafit research platform, enabling comprehensive surveillance and analysis of the hedge fund industry with data reported voluntarily by funds. The Backstop Hedge Fund Database offers robust aggregation with additional content through datafit, fulfilling the SEC's requirements for industry oversight and analytics.
The purchase order will include one base year and four option years, with a total value below the Simplified Acquisition Threshold. Although this is a sole source award, the SEC will consider responses from interested parties who can demonstrate capability to meet the requirements prior to the stated deadline. No competitive solicitation will be issued for this acquisition.