SEC intends to ink 5-year contract with CipherTrace for blockchain forensics product licenses

Solicitation: 2020-110

“The U.S. Securities and Exchange Commission (SEC) intends to award a fixed-price contract on a single source basis to CipherTrace Inc., 68 Willow Road, Menlo Park, CA  94025-3653 for CipherTrace Inspector Licenses.  The NAICS code is 511210.  The Contracting Officer has determined that CipherTrace Inc., is the only source that can reasonably meet the SEC’s requirement in accordance with FAR Part 13.106-1(b).  CipherTrace products are the only known blockchain forensics and risk intelligence tool that can support the Binance coin (BNB) and all tokens on the Binance network.

The period of performance for the contract is anticipated to be one year with four one year option periods and the total value of the contract shall be below the Simplified Acquisition Threshold.

The SEC intends to award a contract to CipherTrace on or before July 31, 2020.  This notice is not a competitive request for proposals.  A competition solicitation will not be issued.  However, the government will give consideration to interested parties that identify their interest and capability to respond to the requirement or submit proposals by the response date of the notice.”

Read more here.

Related Item

SEC to Award Contract for CipherTrace Software Support (August 29, 2019)

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