SAM #2032L226N00050

Sources Sought for Comprehensive Credit Market Performance Data Subscription Services for Treasury

The Department of the Treasury, Departmental Offices, Treasury Operations, is conducting market research to identify vendors capable of providing a comprehensive credit market performance data subscription service for the Office of Capital Markets. - Government Buyer: - Department of the Treasury - Departmental Offices - Treasury Operations - Products/Services Requested: - Subscription service and software platform delivering detailed performance data on global private credit funds - Includes fund-level analytics, benchmarking, deal and transaction records, investor allocation data, market activity, strategy coverage, and company information - Platform must provide accessible tools such as Excel add-ins and export plugins - OEMs and Vendors: - No specific OEMs or vendors are named in the notice - Unique or Notable Requirements: - Service must cover global private credit funds with comprehensive data and analytics - Must include user-friendly software tools for data access and export - This is a sources sought notice for planning and market research; not a solicitation or contract award

Description

GENERAL PURPOSE

1.0 Purpose

The contractor shall provide research data subscription services to the Office of Capital Markets (OCM) to provide comprehensive performance data regarding the opaque and decentralized private credit market; this data must provide detailed and accurate views into fund performance for global private credit funds to support benchmarking and portfolio analysis; including making propriety data available to reveal fundraising trends, capital deployment, exposure, participants in the market, and longitudinal performance data for private credit, spanning individual funds as well as aggregated index benchmarks. 

Acquisition Approach

The Treasury has not determined the acquisition approach. Any results of this Sources Sought will assist the Treasury Departmental Offices and the Departmental Offices & Enterprise Procurement Branch, Treasury Common Services Center – Acquisition Services (TCSC) in determining an acquisition strategy about how to proceed.

SOURCES SOUGHT REQUIREMENTS

2.0 Description of Information Requested

TCSC Acquisition Services is requesting information regarding the respondents’ capabilities in providing the aforementioned required.

Provide company information, to include: Company name and address; Size of company (number of personnel, total revenue, ownership, parent corporation, etc.); Unique Entity Identifier (UEI) Company point(s) of contact including name, phone number, address, and email; length of time in business; Geographic presence; Company experience in providing valuation services to government or commercial entities;  Provide any pertinent information that will assist us in this assessment. Contract Number and value/capacity; and Available Strategic Contracts (e.g., GSA, Indefinite Delivery Indefinite Quantity (IDIQ) contract allowing decentralized ordering, etc.). Please identify type of “ordering” contract (e.g., GSA Multiple Award Schedule, GSA Professional Service Schedule, etc.).

2.1 Technical Requirements

The contractor’s solution must provide an accessible software platform (with excel add-ins and export plugins) that provides the following data regarding private credit markets:

2.1.1 Fund-Level Data

Fund profiles (strategy, vintage, size, geography) Fund status (raising, closed, liquidated) Fund terms (fees, carry, hurdle rates where available) Fundraising timelines and targets Fund-level performance metrics (IRR, multiples)

2.1.2 Performance and Benchmarking

Net IRR, DPI, RVPI, TVPI Quartile rankings Benchmark indices by strategy, geography, and vintage year Public Market Equivalent (PME) comparisons Cash flow data (capital calls and distributions)

2.1.3 Deal and Transaction Data

Loan and deal-level records Deal size, structure, and type Borrower/company details Sponsor-backed and direct lending classification Entry and exit data where available Historical deal flow and activity trends

2.1.4 Investor Data

Institutional investors allocating to private credit Allocation strategies and preferences Commitment history Target fund sizes, regions, and strategies Contact and relationship intelligence

2.1.5 Market Activity Data

Capital raised by private credit funds Dry powder Fundraising trends Pipeline of funds Investor allocation trends

2.1.6 Strategy Coverage

Direct lending Mezzanine debt Distressed debt Special situations Venture debt Real estate debt Infrastructure debt

2.1.7 Company Data

Portfolio companies Industry classification Financial characteristics where available Sponsor relationships

INSTRUCTIONS AND RESPONSE GUIDELINES

Responses to this Sources Sought may be provided through a capabilities statement which shall include the information listed in 2.0 and 2.1. This Sources Sought is for information and planning purposes only and shall not be construed as a solicitation or an obligation on the part of the Treasury to issue a request for proposal or award a contract. Treasury does not intend to award a contract on the basis of responses nor otherwise pay for the preparation of any information submitted. Contractors responding to this Sources Sought should submit the information necessary for the Treasury to make a determination that the source is capable of satisfying the Government’s anticipated need. Treasury reserves the right to contact individual companies for additional information. This notice does not obligate the Treasury to provide acknowledgment or receipt of all responses received resulting from this notice.  Should such a requirement materialize, no basis for claims against the Treasury shall arise as a result of a response to this Sources Sought or the Government's use of such information as either part of our evaluation process or in developing specifications for any subsequent requirement. Responses should be identified with Sources Sought #2032L226N00050 and are due no later than Thursday, April 30, 2026 at 2:00 PM EDT. All interested parties must submit their responses via email to: Angela Gallo, Contracting Specialist via email at Angela.Gallo@treasury.gov. Questions (oral or written) regarding this Sources Sought will NOT be accepted, nor responses to such questions provided. This Sources Sought is for planning purposes only and does not commit the government to pay for the information requested, issue a solicitation, or award a contract. No solicitation document exists at this time.

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