Sole-source subscription for Kharon's financial crime analytics platform.
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The Department of the Treasury intends to award a sole-source contract to Kharon for Clearview services, which provide advanced data analytics and risk intelligence for financial crime detection and sanctions compliance. The procurement covers subscription-based access to Kharon's proprietary platform, which integrates and analyzes vast datasets to identify illicit financial networks. This is a follow-on to an existing contract, and the government has determined that only Kharon can meet its requirements due to the unique nature of the data and algorithms. The contract period is one base year plus four option years, with an estimated value between $1 million and $10 million. No other sources are being considered at this time.