Justification posting for sole source subscription to Asset-Backed Securities and Commercial Mortgage Backed Securities databases
Overview
Buyer
Place of Performance
NAICS
PSC
Set Aside
Original Source
Timeline
Qualification Details
Fit reasons
- NAICS alignment with historical contract wins in similar service areas.
- Scope strongly matches core technical capabilities and delivery model.
Risks
- Past performance thresholds may require one additional teaming partner.
- Potential clarification needed on staffing minimums before bid/no-bid.
Next steps
Validate eligibility requirements, assign capture owner, and schedule partner outreach to confirm teaming strategy before submission planning.
Quick Summary
The U.S. Securities and Exchange Commission (SEC) has posted a Justification for Other Than Full and Open Competition for a sole source award to Green Street Advisors LLC. This contract is for a subscription to global news and statistics on asset-backed and mortgage-backed securitization activities, essential for the SEC's understanding of these markets. This justification was published on April 29, 2026.
Scope of Work
The awarded contract provides the SEC with a comprehensive subscription service, including:
- Global news and statistics on asset-backed and mortgage-backed securitization activities.
- Information on initial terms of all rated asset-backed issues, mortgage-issues, and collateralized bond obligations worldwide.
- Quarterly rankings of key participants in the asset-backed securitization market (underwriters, issuers, trustees, law firms, rating agencies).
- Pricing, key terms, and participants of all commercial mortgage-backed securities (CMBS) issued globally.
- Quarterly rankings of key participants in the CMBS market.
Contract Details
- Awardee: Green Street Advisors LLC
- Agency: Securities And Exchange Commission
- Contract Type: Sole Source Award
- Period of Performance: 1 Base Year and 4 Option Years
- Estimated Value: Not specified (redacted in the justification document)
- Product/Service Code: 7H20 (Hardware, Software, And Other Equipment Needed For Local Database Instances...)
- Place of Performance: Washington, DC 20549, United States
Justification for Sole Source
The SEC justified this sole source award under RFO Part 12.102 in accordance with 41 U.S.C. 1901. Market research indicated that Green Street Advisors LLC is the only source capable of providing the specific, comprehensive content required, including unique databases and newsletters not available from other vendors. No other sources expressed written interest in this acquisition.
Additional Notes
A synopsis will be posted on SAM.gov. The SEC plans to conduct further market research for future acquisitions to re-verify the sole source nature of this requirement.