Notification of the SEC’s Intent to Award a Single Source Purchase Order to Backstop Solutions Group, LLC
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) intends to award a firm-fixed-price purchase order on a sole source basis to Backstop Solutions Group, LLC for access to their Hedge Fund database. This notice is for informational purposes, as a competitive solicitation will not be issued. However, interested parties may submit their capabilities. Responses are due by April 15, 2026.
Scope of Work
The SEC requires access to the Backstop Hedge Fund Database, which is a critical component of its datafit research platform. This database, containing voluntarily reported hedge fund information, is aggregated with other content to provide comprehensive coverage and analytical tools. This is essential for performing ongoing hedge fund industry surveillance, a requirement for the SEC.
Contract & Timeline
- Type: Firm-Fixed-Price Purchase Order (Sole Source)
- Awardee: Backstop Solutions Group, LLC
- Duration: One (1) base year and four (4) option years
- Value: Below the Simplified Acquisition Threshold
- Set-Aside: None (Sole Source)
- Anticipated Award Date: On or about July 1, 2026
- Response Due: April 15, 2026, 2:00 PM ET
- Published: March 31, 2026
Evaluation
The contracting officer has determined that Backstop Solutions Group is the only source that can reasonably meet the SEC's requirements. This notice is not a competitive request for proposals. The government will consider capabilities submitted by interested parties by the response date.
Additional Notes
This is a Special Notice of intent to award a sole source contract. A competitive solicitation will not be issued. The NAICS code for this requirement is 518210 (Data Processing, Hosting, and Related Services).