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Florida Department of Financial Services: F.A.C.T.S

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Contract Information

 

Summary

Agency Name: DEPARTMENT OF FINANCIAL SERVICES

Agency Contract ID: TR10000

Long Title: Investing Subscription

Vendor Name: BLOOMBERG LP

Total Contract Amount: $3,088,135.16

Total Budgetary Amount: $3,285,480.00

Total Payment To Date: $1,821,550.51

Date of Execution: 06/29/1988

General Description: System which provides market/financial date as well as trading platform for investments

Main Information

Agency Contract ID: TR10000

FLAIR Contract ID: D0134

Short Title: Invest DB

Long Title: Investing Subscription

Contract Type: Standard Two Party Agreement by Statute

Contract Status: Active

Date of Execution: 06/29/1988

Date of Beginning: 06/29/1988

Original End Date: 09/09/2099

New Ending Date:

Agency Service Area: TR

Statutory Authority: 17.57

Contract Involves State or Federal Financial Assistance: No

Recipient Type:

Provide for Administrative Cost: No

Provide for Periodic Increase: No

Procurement Information

Authorized Advanced Payment: Yes

Method of Procurement: DFS Exemption, Investment Related Services [Section 17.57(2). F.S.]

State Term Contract ID:

Contract’s Exemption Justification: Florida Statutes 17.57(2)(x), exempts investment services. equipment or software used directly to assist in investment trading are exempt from the provisions of chapter 287.

Agency Reference Number:

Business Case Study Done: No

Legal Challenges to Procurement: No

Outsourcing / Capital Improvements

Was the Contracted Function Previously Performed by the State: No

Was the Contracted Function Considered for Insourcing back to the State: No

Did the Vendor Make Capital Improvements on State Property: No

Budget Information

Original Contract Amount: $3,088,135.16

Total Contract Amount: $3,088,135.16

Total Recurring Budgetary Amount: $3,285,480.00

Total Non-Recurring Budgetary Amount: $0.00

Total Budgetary Amount: $3,285,480.00

Total Unfunded Amount: ($197,344.84)

As of Date: 9/12/2022

Recurring Budgetary Amount Account Code Fiscal Year Effective Date FY Cost Accumulator Agency Amendment Reference
$26,000.00 43-20-2-725001-43100200-00-100777-00 07/01/2022 2022-2023
$150,000.00 43-20-2-725001-43100300-00-100777-00 07/01/2022 2022-2023
$840.00 43-20-2-725001-43100300-00-100777-00 07/01/2022 2022-2023 A5
$150,000.00 43-20-2-725001-43100300-00-100777-00 08/27/2021 2021-2022
$26,000.00 43-20-2-725001-43100200-00-100777-00 08/27/2021 2021-2022
$26,000.00 43-20-2-725001-43100200-00-100777-00 07/01/2020 2020-2021
$150,000.00 43-20-2-725001-43100300-00-100777-00 07/01/2020 2020-2021
$2,600.00 43-20-2-725001-43100200-00-100777-00 07/01/2019 2019-2020
$14,800.00 43-20-2-725001-43100300-00-100777-00 07/01/2019 2019-2020
$120,000.00 43-20-2-725001-43100300-00-100777-00 07/01/2018 2018-2019
$26,000.00 43-20-2-725001-43100200-00-100777-00 07/01/2018 2018-2019
$118,000.00 43-20-2-725001-43100300-00-100777-00 07/01/2017 2017-2018
$25,000.00 43-20-2-725001-43100200-00-100777-00 07/01/2017 2017-2018
$25,000.00 43-20---2-7250-01-43100-30-0-00-1-00 07/01/2016 2016-2017
$118,000.00 43-20-2-725001-43100200-00-100777-00 07/01/2016 2016-2017
$24,000.00 43-20-2-725001-43100200-00-100777-00 07/01/2015 2015-2016
$114,000.00 43-20-2-725001-43100300-00-100777-00 07/01/2015 2015-2016
$111,000.00 43-20-2-725001-43100300-00-100777-00 07/01/2014 2014-2015
$24,000.00 43-20-2-725001-43100200-00-100777-00 07/01/2014 2014-2015
$22,000.00 43-20-2-725001-43100200-00-100777-00 07/01/2013 2013-2014
$108,000.00 43-20-2-725001-43100300-00-100777-00 07/01/2013 2013-2014
$25,000.00 43-20-2-725001-43100200-00-100777-00 06/12/2013 2012-2013
$100,000.00 43-20-2-725001-43100300-00-100777-00 07/01/2012 2012-2013
$125,100.00 43-20-2-725001-43100300-00-100777-00 06/29/2011 2010-2011
$1,654,140.00 43-20-2-725001-43100300-00-100777-00 06/29/1988 1987-1988


No Non-Recurring Budgetary records found for this contract.

Contract Change

Change Type Amendment Amount Agency Amendment Reference Change Description Amendment Effective Date Amendment Execution Date New Ending Date
Amendment $0.00 A1 Adds additional access point 06/03/2019 06/03/2019
Amendment $0.00 A5 Renew Disaster Recovery License 08/26/2022 08/26/2022
Amendment $0.00 A4 AIM Operations Ltd Functionality License 01/21/2021 01/21/2021
Amendment $0.00 A3 Disaster Recovery Svcs 09/16/2020 09/16/2020
Amendment $0.00 A2 Addition of AIM svc/subscription 06/30/2020 06/30/2020

Vendor

Name Line 1Name Line 2City State ZipMinority Vendor Designation
BLOOMBERG LP BOSTON MA 022416604 Non-Minority

CFDA

No CFDA Codes found for the contract.

CSFA

No CSFA Codes found for the contract.
More Deliverable Number      Commodity/Service Type Major Deliverable Method of Payment
     
Software 29. Equipment charge, From October 2022 through May 2023, 7 Bloomberg subscription at $2,020.00 per... Fixed Fee / Unit Rate
     
Software 28. Equipment charge, From August 2022 through September 2022, 1 Bloomberg subscription at $1,970.00... Fixed Fee / Unit Rate
     
Software 27. Equipment charge, From December 2021 through July 2022, 2 Bloomberg subscriptions at $1,970.00 p... Fixed Fee / Unit Rate
     
Software 26. Equipment charge, From September 2021 through November 2021, 3 Bloomberg subscriptions at $1,970... Fixed Fee / Unit Rate
     
Software 25. Equipment charge, From July 2021 through August 2021, 4 Bloomberg subscriptions at $1,970.00 per... Fixed Fee / Unit Rate
     
Software 24. Equipment charge, For June 2021, 5 Bloomberg subscriptions at $1,970.00 per month, and 2 Bloombe... Fixed Fee / Unit Rate
     
Software Quantity of (3): AIM Operations Ltd Functionality License; the dollar amount of $400.00 is the month... Fixed Price - Lump Sum
     
Software 23. AIM operations Ltd functionality license - the dollar amount is a monthly fee Fixed Fee / Unit Rate
     
Software 22. AIM access to SWIFT settlement - the dollar amount is a monthly fee. Fixed Fee / Unit Rate
     
Software 20. AIM Reconciliation Package - the dollar amount is a monthly fee. Fixed Fee / Unit Rate
     
Software 19. AIM Tier 7 - the dollar amount is a monthly fee Fixed Fee / Unit Rate
     
Software 21. AIM Compliance Rules Only Fixed Price - Lump Sum
     
Software 18. Equipment charge, From October 2020 through May 2021, 7 Bloomberg subscription at $1,970.00 per ... Fixed Fee / Unit Rate
     
Software 17. Equipment charge, From August 2020 through September 2020, 1 Bloomberg subscription at $1,8750.0... Fixed Fee / Unit Rate
     
Software 16. Equipment charge, From December 2019 through July 2020, 2 Bloomberg subscriptions at $1,8750.00 ... Fixed Fee / Unit Rate
     
Software 15. Equipment charge, From September 2019 through November 2019, 3 Bloomberg subscriptions at $1,875... Fixed Fee / Unit Rate
     
Software 14. Equipment charge, From July 2019 through August 2019, 4 Bloomberg subscriptions at $1,8750.00 pe... Fixed Fee / Unit Rate
     
Software 13. Equipment charge, For June 2019, 5 Bloomberg subscriptions at $1,8750.00 per month, and 2 Bloomb... Fixed Fee / Unit Rate
     
Software 12. Equipment charge, For May 2019, 6 Bloomberg subscriptions at $1,8750.00 per month. This fee is p... Fixed Fee / Unit Rate
     
Software 11. Equipment charge, As of Oct 2018 thru May 2019, FY 18/19, 6 Bloomberg Terminals and Bloomberg A... Fixed Fee / Unit Rate
     
Software 10. Equipment charge, As of Aug 2018 thru Sep 2018, FY 18/19, 1 Bloomberg Terminals and Bloomberg An... Fixed Fee / Unit Rate
     
Software 9. Equipment charge, As of July 2018, FY 18/19, 2 Bloomberg Terminals and Bloomberg Anywhere at $1,8... Fixed Fee / Unit Rate
     
Software 8. Equipment charge, As of Dec 2017 thru Jun 2018, FY 17/18, 2 Bloomberg Terminals and Bloomberg Any... Fixed Fee / Unit Rate
     
Software 7. Equipment charge, As of Sep 2017 thru Nov 2017, FY 17/18, 3 Bloomberg Terminals and Bloomberg Any... Fixed Fee / Unit Rate
     
Software 6. Equipment charge, As of July 2017 thru Aug 2017, FY 17/18, 4 Bloomberg Terminals and Bloomberg An... Fixed Fee / Unit Rate
 Displaying 1 to 25 of 32     1 2 Next  Last


Payments are also referred to as expenditures (creating or incurring a legal obligation to disburse money) or disbursements (the payment of expenditures). Payments include disbursements and accounting adjustments made on a contract. Payments are always positive amounts while accounting adjustments may be positive or negative depending on the type of adjustment.

Payment Details

"Date" in the listing below indicates the date the payment voucher was recorded in the system, not the date the payment was issued.
More Fiscal Year Total Amount
     
2024-2025 $46,327.50
     
2023-2024 $173,866.99
     
2022-2023 $178,426.01
     
2021-2022 $167,635.66
     
2020-2021 $171,885.84
     
2019-2020 $173,669.17
     
2018-2019 $141,258.84
     
2017-2018 $139,672.50
     
2016-2017 $137,763.00
     
2015-2016 $135,446.67
     
2014-2015 $132,122.83
     
2013-2014 $97,602.80
     
2012-2013 $125,872.70

If a payment or adjustment to a contract was made before July 1, 2012, the information may not be posted in this system.

Contract Documents


Click on the pdf icon or Agency Document Link to view the document
Document Type Document Reference # Executed Date Document Add Date Agency Document Link View
Original Contract Original Contract - D0134 06/29/1988 6/11/2012 10:49:32 AM
Amendment A1 06/03/2019 7/24/2019 3:25:06 PM
Amendment A2 06/30/2020 7/28/2020 4:19:09 PM
Amendment A3 09/16/2020 10/13/2020 1:48:58 PM
Amendment A4 01/21/2021 2/3/2021 1:47:46 PM
Amendment A5 08/26/2022 8/26/2022 3:10:29 PM


Audit results posted prior to June 30, 2012, appear in a summarized form. As of July 1, 2012, the audit reporting process was expanded to include additional questions and comments from the Bureau of Auditing. As audits are captured in electronic format, they will be posted to this system. If you are interested in seeing audit reports by Fiscal Year and Agency Action Plans, please click here to navigate to the Transparency Florida Contract Audit page.

  • No audits have been conducted on this contract at this time.
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