- Country: USA
- Summary: New Generation Research (NGR) Bankruptcy Data
- UST Ref No: 120507055
- Deadline: 15 Jun 2025
- Financier: Self Financed
- Purchaser Ownership: Government
- Tender Value: Refer Document
- Notice Type: Tender
- Document Ref. No.: SS-OFR-25-059
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- Description:
- Description
INTENT TO SOLE SOURCENew Generation Research (NGR) Bankruptcy Data#SS-OFR-25-059
The Bureau of Fiscal Service (Fiscal Service), on behalf of The Office of Financial Research (OFR) and the Financial Stability Oversight Council (FSOC), intends to contract with New Generation Research, Inc. 88 Broad Street, Floor 2, Boston, MA 02110-3403, on a sole source basis for New Generation Research (NGR) Bankruptcy Databases. There is no competitive vendor or regulatory agency that provides these datasets. The proposed Contractor developed and owns the propriety and patented software, algorithms, and work efforts that are used in these products and support the services specifically required for this acquisition; thereby, the proposed source has the sole unique technical and other resources required for this acquisition.
As a joint effort with the White House Council of Economic Advisors, OFR is required to research the rising number of corporate defaults and bankruptcies from the COVID-19 pandemic event. OFR requires current and historical bankruptcy data sourced from at least ninety-four (94) U.S. bankruptcy courts beginning at least from the year 2000. Data must report on a continual weekly basis the public companies currently operating under Chapter 11 protection as well as all companies with at least $50 million in assets or liabilities. Information on reported companies must at a minimum include: plans of reorganization and disclosure statements; debtor-in-possession financing information; professional retention data; 363 sales motions; key employee incentive plans; monthly operating reports; claim transfer activity; securities and security pricing data; and committee information.
Proposed databases must compile case information for all companies that file for bankruptcy in the 94 U.S. Bankruptcy Courts in near-real time. The database must also allow users to filter and aggregate business bankruptcy filings by small, mid, and large size companies... - Documents:
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CLICK HERE TO LOGINNew Generation Research (NGR) Bankruptcy Data - USA Tender
The TREASURY, DEPARTMENT OF THE | BUREAU OF THE FISCAL SERVICE, a Government sector organization in USA, has announced a new tender for New Generation Research (NGR) Bankruptcy Data. This tender is published on USARFP under UST Ref No: 120507055 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2025-06-15.
The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.
