Justification for Other Than Full and Open Competition

B. DESCRIBE THE EFFORTS TAKEN TO ENSURE OFFERS WERE SOLICITED FROM AS MANY

POTENTIAL SOURCES AS IS PRACTICABLE, INCLUDING WHETHER A NOTICE WAS OR

WILL BE PUBLISHED AS REQUIRED BY RFO PART 5 AND, IF NOT, WHICH EXCEPTION

UNDER RFO PART 5 APPLIES.
A Request for Information based on this requirement was published on SAM.gov to all vendors.

C. DETERMINATION THAT THE ANTICIPATED COST TO THE GOVERNMENT WILL BE FAIR

AND REASONABLE.
Prior to contract award, the Contracting Officer will determine that the proposed price is fair and IRS Form (Rev. 5/26)
RFO 6.103

reasonable through the application of appropriate price analysis techniques consistent with the commercial nature of this acquisition. Although price competition is not available, the Contracting Officer will perform an independent assessment using a combination of relevant pricing information, as appropriate, including comparison with historical prices paid for the same or similar commercial products and services, evaluation of current commercial pricing and licensing practices, review of the Independent Government Cost Estimate (IGCE), analysis of proposed pricing trends and escalation, comparison with available market research, and any other relevant commercial pricing information available to the Government. The Contracting Officer will consider the totality of the pricing information obtained to determine whether the proposed price reflects a fair and reasonable commercial price for the supplies and services being acquired. The detailed price analysis supporting this determination will be documented in the contract file prior to award.

D. DESCRIBE THE MARKET RESEARCH THAT WAS CONDUCTED AND THE RESULTS OR A

STATEMENT OF THE REASON MARKET RESEARCH WAS NOT CONDUCTED. IF ACTIONS

WERE TAKEN BY PROCUREMENT PERSONNEL TO SATISFY THIS REQUIREMENT (SUCH

AS A SOURCES SOUGHT NOTICE), PLEASE SPECIFY.
Comprehensive market research was conducted in accordance with applicable acquisition procedures to identify commercially available sources capable of satisfying the Government's minimum requirements for blockchain analytics, investigative support, training, and related law enforcement capabilities. The market research included publication of a Request for Information (RFI) for Blockchain Analytics and Intelligence Provider (BAIP) resources, review of commercial capabilities, evaluation of vendor responses, and assessment of available products against the Government's identified operational requirements.
TRM Labs is the only responsible source capable of meeting the Government's minimum operational