Federal Register / Vol. 88, No. 174 / Monday, September 11, 2023 / Notices 62371 

1Large savings and loan holding companies are 

also subject to capital planning requirements, 

pursuant to Subpart S of the Board’s Regulation LL 

(12 CFR 238, Subpart S). The collections of 

information included in that Subpart are accounted 

for in the Board’s FR LL Paperwork Reduction Act 

(PRA) clearance (OMB No. 7100–0380). 

proposedregs.aspx as submitted, unless 

modified for technical reasons or to 

remove personally identifiable 

information at the commenter’s request. 

Accordingly, comments will not be 

edited to remove any confidential 

business information, identifying 

information, or contact information. 

Public comments may also be viewed 

electronically or in paper in Room M– 

4365A, 2001 C St. NW, Washington, DC 

20551, between 9:00 a.m. and 5:00 p.m. 

on weekdays, except for Federal 

holidays. For security reasons, the 

Board requires that visitors make an 

appointment to inspect comments. You 

may do so by calling (202) 452–3684. 

Upon arrival, visitors will be required to 

present valid government-issued photo 

identification and to submit to security 

screening in order to inspect and 

photocopy comments. 

Additionally, commenters may send a 

copy of their comments to the Office of 

Management and Budget (OMB) Desk 

Officer for the Federal Reserve Board, 

Office of Information and Regulatory 

Affairs, Office of Management and 

Budget, New Executive Office Building, 

Room 10235, 725 17th Street NW, 

Washington, DC 20503, or by fax to 

(202) 395–6974. 

FOR FURTHER INFORMATION CONTACT: 

Federal Reserve Board Clearance 

Officer—Nuha Elmaghrabi—Office of 

the Chief Data Officer, Board of 

Governors of the Federal Reserve 

System, nuha.elmaghrabi@frb.gov, (202) 

452–3884. 

SUPPLEMENTARY INFORMATION: On June 

15, 1984, OMB delegated to the Board 

authority under the Paperwork 

Reduction Act (PRA) to approve and 

assign OMB control numbers to 

collections of information conducted or 

sponsored by the Board. In exercising 

this delegated authority, the Board is 

directed to take every reasonable step to 

solicit comment. In determining 

whether to approve a collection of 

information, the Board will consider all 

comments received from the public and 

other agencies. 

During the comment period for this 

proposal, a copy of the proposed PRA 

OMB submission, including the draft 

reporting form and instructions, 

supporting statement (which contains 

more detail about the information 

collection and burden estimates than 

this notice), and other documentation, 

will be made available on the Board’s 

public website at https://

www.federalreserve.gov/apps/ 

reportingforms/home/review or may be 

requested from the agency clearance 

officer, whose name appears above. 

Final versions of these documents will 

be made available at https://

www.reginfo.gov/public/do/PRAMain, if 

approved. 

Request for Comment on Information 

Collection Proposal 

The Board invites public comment on 

the following information collection, 

which is being reviewed under 

authority delegated by the OMB under 

the PRA. Comments are invited on the 

following: 

a. Whether the proposed collection of 

information is necessary for the proper 

performance of the Board’s functions, 

including whether the information has 

practical utility; 

b. The accuracy of the Board’s 

estimate of the burden of the proposed 

information collection, including the 

validity of the methodology and 

assumptions used; 

c. Ways to enhance the quality, 

utility, and clarity of the information to 

be collected; 

d. Ways to minimize the burden of 

information collection on respondents, 

including through the use of automated 

collection techniques or other forms of 

information technology; and 

e. Estimates of capital or startup costs 

and costs of operation, maintenance, 

and purchase of services to provide 

information. 

At the end of the comment period, the 

comments and recommendations 

received will be analyzed to determine 

the extent to which the Board should 

modify the proposal. 

Proposal Under OMB Delegated 

Authority To Extend for Three Years, 

Without Revision, the Following 

Information Collection 

Collection title: Reporting and 

Recordkeeping Requirements 

Associated with Regulation Y (Capital 

Plans). 

Collection identifier: FR Y–13. 

OMB control number: 7100–0342. 

General description of collection: 

Section 225.8 of Regulation Y—Bank 

Holding Companies and Change in Bank 

Control (12 CFR 225.8) requires each 

large bank holding company, bank 

holding company designated by the 

Board, large U.S. intermediate holding 

company, and nonbank financial 

company designated by the Board 

(jointly referred to as large BHCs) to 

submit a capital plan to the Board on an 

annual basis, requires such BHCs to 

request prior approval from the Board 

under certain circumstances before 

making a capital distribution, and 

includes certain other reporting and 

recordkeeping requirements.1

Frequency: Annually and on occasion. 

Respondents: Top-tier BHCs 

domiciled in the United States with 

$100 billion or more in total 

consolidated assets; U.S. intermediate 

holding companies with total 

consolidated assets of $100 billion or 

more; any other bank holding company 

domiciled in the United States that is 

made subject to section 225.8, in whole 

or in part, by order of the Board; and 

any nonbank financial company 

supervised by the Board that is made 

subject to section 225.8 pursuant to a 

rule or order of the Board. 

Total estimated number of 

respondents: 34. 

Total estimated annual burden hours: 

177,562. 

Board of Governors of the Federal Reserve 

System, September 5, 2023. 

Michele Taylor Fennell, 

Deputy Associate Secretary of the Board. 

[FR Doc. 2023–19478 Filed 9–8–23; 8:45 am] 

BILLING CODE 6210–01–P 

FEDERAL TRADE COMMISSION 

[File No. 221 0142] 

Intercontinental Exchange, Inc. and 

Black Knight, Inc.; Analysis of 

Agreement Containing Consent Order 

To Aid Public Comment 

AGENCY: Federal Trade Commission. 

ACTION: Proposed consent agreement; 

request for comment. 

SUMMARY: The consent agreement in this 

matter settles alleged violations of 

federal law prohibiting unfair methods 

of competition. The attached Analysis of 

Proposed Consent Orders to Aid Public 

Comment describes both the allegations 

in the complaint and the terms of the 

consent orders—embodied in the 

consent agreement—that would settle 

these allegations. 

DATES: Comments must be received on 

or before October 11, 2023. 

ADDRESSES: Interested parties may file 

comments online or on paper by 

following the instructions in the 

Request for Comment part of the 

SUPPLEMENTARY INFORMATION section 

below. Please write: ‘‘ICE and Black 

Knight; File No. 221 0142’’ on your 

comment and file your comment online 

at https://www.regulations.gov by 

following the instructions on the webbased form. If you prefer to file your 


ddrumheller on DSK120RN23PROD with NOTICES1
62372 Federal Register / Vol. 88, No. 174 / Monday, September 11, 2023 / Notices 

comment on paper, please mail your 

comment to the following address: 

Federal Trade Commission, Office of the 

Secretary, 600 Pennsylvania Avenue 

NW, Suite CC–5610 (Annex R), 

Washington, DC 20580. 

FOR FURTHER INFORMATION CONTACT: 

Ashley Masters (202–326–2291), Bureau 

of Competition, Federal Trade 

Commission, 400 7th Street SW, 

Washington, DC 20024. 

SUPPLEMENTARY INFORMATION: Pursuant 

to section 6(f) of the Federal Trade 

Commission Act, 15 U.S.C. 46(f), and 

FTC Rule § 2.34, 16 CFR 2.34, notice is 

hereby given that the above-captioned 

consent agreement containing a consent 

order to cease and desist, having been 

filed with and accepted, subject to final 

approval, by the Commission, has been 

placed on the public record for a period 

of 30 days. The following Analysis of 

Agreement Containing Consent Orders 

to Aid Public Comment describes the 

terms of the consent agreement and the 

allegations in the complaint. An 

electronic copy of the full text of the 

consent agreement package can be 

obtained from the FTC website at this 

web address: https://www.ftc.gov/newsevents/commission-actions. 

You can file a comment online or on 

paper. For the Commission to consider 

your comment, we must receive it on or 

before October 11, 2023. Write ‘‘ICE and 

Black Knight; File No. 221 0142’’ on 

your comment. Your comment— 

including your name and your state— 

will be placed on the public record of 

this proceeding, including, to the extent 

practicable, on the https://

www.regulations.gov website. 

Because of the agency’s heightened 

security screening, postal mail 

addressed to the Commission will be 

delayed. We strongly encourage you to 

submit your comments online through 

the https://www.regulations.gov 

website. If you prefer to file your 

comment on paper, write ‘‘ICE and 

Black Knight; File No. 221 0142’’ on 

your comment and on the envelope, and 

mail your comment to the following 

address: Federal Trade Commission, 

Office of the Secretary, 600 

Pennsylvania Avenue NW, Suite CC– 

5610 (Annex R), Washington, DC 20580. 

Because your comment will be placed 

on the publicly accessible website at 

https://www.regulations.gov, you are 

solely responsible for making sure your 

comment does not include any sensitive 

or confidential information. In 

particular, your comment should not 

include sensitive personal information, 

such as your or anyone else’s Social 

Security number; date of birth; driver’s 

license number or other state 

identification number, or foreign 

country equivalent; passport number; 

financial account number; or credit or 

debit card number. You are also solely 

responsible for making sure your 

comment does not include sensitive 

health information, such as medical 

records or other individually 

identifiable health information. In 

addition, your comment should not 

include any ‘‘trade secret or any 

commercial or financial information 

which . . . is privileged or 

confidential’’—as provided by section 

6(f) of the FTC Act, 15 U.S.C. 46(f), and 

FTC Rule § 4.10(a)(2), 16 CFR 

4.10(a)(2)—including competitively 

sensitive information such as costs, 

sales statistics, inventories, formulas, 

patterns, devices, manufacturing 

processes, or customer names. 

Comments containing material for 

which confidential treatment is 

requested must be filed in paper form, 

must be clearly labeled ‘‘Confidential,’’ 

and must comply with FTC Rule 

§ 4.9(c). In particular, the written 

request for confidential treatment that 

accompanies the comment must include 

the factual and legal basis for the 

request and must identify the specific 

portions of the comment to be withheld 

from the public record. See FTC Rule 

§ 4.9(c). Your comment will be kept 

confidential only if the General Counsel 

grants your request in accordance with 

the law and the public interest. Once 

your comment has been posted on 

https://www.regulations.gov—as legally 

required by FTC Rule § 4.9(b)—we 

cannot redact or remove your comment 

from that website, unless you submit a 

confidentiality request that meets the 

requirements for such treatment under 

FTC Rule § 4.9(c), and the General 

Counsel grants that request. 

Visit the FTC website at https://

www.ftc.gov to read this document and 

the news release describing this matter. 

The FTC Act and other laws the 

Commission administers permit the 

collection of public comments to 

consider and use in this proceeding, as 

appropriate. The Commission will 

consider all timely and responsive 

public comments it receives on or before 

October 11, 2023. For information on 

the Commission’s privacy policy, 

including routine uses permitted by the 

Privacy Act, see https://www.ftc.gov/ 

site-information/privacy-policy. 

Analysis of Agreement Containing 

Consent Orders To Aid Public Comment 

The Federal Trade Commission 

(‘‘Commission’’) has accepted for public 

comment, subject to final approval, an 

Agreement Containing Consent Orders 

(‘‘Consent Agreement’’) with 

Intercontinental Exchange, Inc. (‘‘ICE’’) 

and Black Knight, Inc. (‘‘Black Knight’’) 

(collectively, ‘‘Respondents’’). 

On May 4, 2022, ICE and Black Knight 

entered into an agreement whereby ICE 

would acquire Black Knight for 

approximately $13.1 billion (the 

‘‘Proposed Transaction’’). The Proposed 

Transaction raises significant 

competitive concerns relating to the 

price and quality of residential mortgage 

origination software throughout the 

United States. ICE and Black Knight are 

the nation’s two dominant residential 

mortgage loan origination system 

(‘‘LOS’’) and product, pricing, and 

eligibility engine (‘‘PPE’’) providers. 

Their combination would further 

consolidate already-concentrated LOS 

and PPE markets and would increase 

ICE’s incentive to disadvantage 

independent PPE providers who rely on 

software integration with ICE’s 

Encompass LOS to serve their own 

customers. 

On March 7, 2023, ICE and Black 

Knight announced a deal to divest Black 

Knight’s Empower LOS and certain 

associated products and services to 

Constellation Web Solutions Inc. and its 

affiliates (collectively, ‘‘Constellation’’). 

Because Respondents’ proposed 

divestiture did not address the full 

range of possible harms arising from the 

Proposed Transaction, the Commission 

chose to challenge the deal. On March 

9, 2023, the Commission issued an 

administrative complaint alleging that 

the Proposed Transaction, if 

consummated, may substantially lessen 

competition in the markets for LOSs, 

commercial LOSs, PPEs, and PPEs for 

users of ICE’s Encompass LOS in 

violation of Section 7 of the Clayton 

Act, 15 U.S.C. 18, and Section 5 of the 

Federal Trade Commission Act, 15 

U.S.C. 45. On April 10, 2023, 

Commission staff also filed suit in the 

United States District Court for the 

Northern District of California under 

Section 13(b) of the Federal Trade 

Commission Act, 15 U.S.C. 53(b), 

seeking to enjoin Respondents from 

merging until the legality of the 

Proposed Transaction had been 

adjudicated. 

After months of litigation, ICE and 

Black Knight announced on July 17, 

2023, a deal to divest Black Knight’s 

Optimal Blue business unit, also to 

Constellation, which contains the 

Optimal Blue PPE product. In light of 

the deals to divest Black Knight’s LOS 

and PPE businesses and progress made 

in negotiations, the Commission and 

Respondents agreed to a dismissal 

without prejudice of the United States 

District Court action on August 7, 2023. 


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Federal Register / Vol. 88, No. 174 / Monday, September 11, 2023 / Notices 62373 

Since the announcement of the 

Optimal Blue divestiture, the 

Commission and Respondents have 

negotiated additional terms, now 

memorialized in the Consent Agreement 

and incorporated in the Decision and 

Order (‘‘D&O’’), that better ensure these 

divestitures will position Constellation 

as an effective competitor. The Consent 

Agreement requires Respondents to 

complete the divestitures to 

Constellation within 20 days after ICE 

consummates its acquisition of Black 

Knight. The Consent Agreement 

contains additional safeguards to ensure 

that Respondents maintain the viability 

of the divestiture assets until the 

divestitures are complete and provide 

necessary transition services to 

Constellation. 

The Commission has placed the 

Consent Agreement on the public record 

for 30 days to solicit comments from 

interested persons. Comments received 

during this period will become part of 

the public record. After 30 days, the 

Commission will review the comments 

received and decide whether it should 

withdraw, modify, or finalize the 

Consent Agreement. 

I. The Respondents 

Respondent ICE is a publicly traded 

corporation incorporated in Delaware, 

with its headquarters in Atlanta, 

Georgia. ICE provides market 

infrastructure, data services, and 

technology solutions in three segments: 

exchanges (including the New York 

Stock Exchange), fixed income and data 

services, and mortgage technology. In 

2020, ICE acquired Ellie Mae, along 

with its widely used Encompass LOS. 

ICE also offers a PPE—the Encompass 

Product and Pricing Service (‘‘EPPS’’)— 

to Encompass users. 

Respondent Black Knight is a publicly 

traded corporation incorporated in 

Delaware, with its headquarters in 

Jacksonville, Florida. Black Knight is a 

provider of software, data, and analytics 

for the mortgage, real estate, and 

consumer loan markets. Black Knight’s 

mortgage technology products include 

the Empower LOS, the Mortgage 

Servicing Platform, and the Optimal 

Blue PPE. Black Knight acquired 

Optimal Blue from the private equity 

firm GTCR in 2020. 

II. The Relevant Markets 

The Proposed Transaction presents 

substantial antitrust concerns relating to 

two services central to the residential 

mortgage loan origination workflow: 

LOSs and PPEs. Mortgage lenders of all 

sizes rely on LOS software as the 

primary tool to manage the residential 

mortgage loan origination process. An 

LOS serves as the lender’s system of 

record for each loan and is used to 

manage the workflow for the origination 

process and to perform commercial, 

legal, and compliance tasks required 

during the lending process. As a 

mortgage moves from application to 

close, it touches on numerous ancillary 

services necessary to process, 

underwrite, fund, and close a loan. The 

LOS coordinates and automates much of 

a lender’s interaction with these 

ancillary services. Because of the 

administrative complexity, regulatory 

framework, and risk involved in the 

mortgage origination process, 

originating mortgage loans without an 

LOS would be prohibitively 

burdensome and costly for most lenders. 

Most mortgage lenders rely on 

commercial LOSs provided by 

specialized vendors, such as ICE’s 

Encompass LOS and Black Knight’s 

Empower LOS. Though some lenders 

choose to originate mortgages with inhouse LOSs, the complex programming 

and compliance tasks involved with 

operating an LOS require significant 

investment and specialized expertise 

that is beyond the capabilities of all but 

a few large lenders. Even among the few 

lenders with proprietary systems, the 

trend has been to move toward 

commercial LOSs. Commercial LOSs 

therefore constitute a relevant product 

market in which to analyze the effects 

of the Proposed Transaction. A market 

including commercial and proprietary 

LOSs is an appropriate alternate 

relevant product market in which to 

evaluate the effects of the Proposed 

Transaction. 

A PPE is an ancillary service that a 

mortgage lender uses to identify 

potential loan rates for residential loan 

products for a borrower, determine the 

borrower’s eligibility for a given loan, 

and lock in the loan’s terms for the 

borrower. Software integration between 

a PPE and a lender’s chosen LOS 

enables a lender to take advantage of a 

PPE’s full functionality, allowing loan 

and application data to flow 

automatically between the LOS, PPE, 

and other ancillary services. Lenders 

thus express a strong preference for 

PPEs integrated with their LOS of 

choice. Because users of ICE’s 

Encompass LOS are functionally limited 

to choosing among PPEs integrated with 

Encompass, PPEs for Encompass users 

constitute a relevant product market in 

which to evaluate the effects of the 

Proposed Transaction. Similarly, a 

product market including all PPEs is an 

appropriate alternate market through 

which to evaluate the effects of the 

Proposed Transaction. 

Because LOS and PPE competition 

takes place on a national scale, the 

relevant geographic market in which to 

evaluate the Proposed Transaction is the 

United States. 

III. Effects of the Proposed Transaction 

on Competition 

The Proposed Transaction would 

eliminate direct and substantial 

competition between ICE and Black 

Knight in each of the relevant markets. 

ICE and Black Knight operate the two 

largest commercial LOSs in the United 

States. ICE’s EPPS also competes 

directly with Black Knight’s Optimal 

Blue PPE for the business of lenders 

using ICE’s Encompass LOS. 

Respondents compete on price to 

market their LOSs and PPEs, and their 

customers have benefitted. Respondents 

also compete on functionality, which 

has driven innovation and investment 

in LOS and PPE features. By eliminating 

this head-to-head competition, the 

Proposed Transaction would enable the 

combined firm to increase LOS and PPE 

prices and reduce its investment in 

these products. By giving ICE control of 

the popular Optimal Blue PPE, the 

Proposed Transaction also would 

increase ICE’s incentive to disadvantage 

rival PPEs who rely on software 

integrations with ICE’s Encompass LOS 

to serve their customers by foreclosing 

or restricting the rivals’ access to 

Encompass or degrading the quality of 

the rivals’ integrations with Encompass. 

Finally, the Proposed Transaction 

would further an existing trend toward 

concentration in LOS and PPE markets. 

Entry into each relevant market would 

not be timely, likely, or sufficient to 

deter or counteract anticompetitive 

effects arising from the Proposed 

Transaction. Significant barriers to LOS 

and PPE entry include substantial 

investment and software development 

timelines, as well as lenders’ high 

switching costs, lengthy switching 

timelines, and reluctance to switch to 

unproven products. 

IV. The Proposed Order 

The D&O would address the Proposed 

Transaction’s anticipated 

anticompetitive effects by requiring 

Respondents to divest Black Knight’s 

Optimal Blue business (including the 

Optimal Blue PPE), Empower LOS, and 

certain associated ancillary products 

and assets to Constellation. Under the 

terms of the proposed divestiture, 

Constellation would also receive a 

license to resell with Empower certain 

other Black Knight mortgage-related 

products and services which would be 

acquired by ICE. The D&O requires that 

the divestitures be completed no later 


ddrumheller on DSK120RN23PROD with NOTICES1
62374 Federal Register / Vol. 88, No. 174 / Monday, September 11, 2023 / Notices 

than 20 days after Respondents 

consummate ICE’s acquisition of Black 

Knight. The Order to Maintain Assets 

requires Respondents to maintain the 

viability of the divestiture assets until 

the divestitures are complete. 

The D&O contains additional 

provisions designed to ensure the 

effectiveness of this relief. For example, 

the D&O requires Respondents to 

provide Constellation with transition 

assistance as it integrates the acquired 

assets to enable Constellation to operate 

the divested businesses similarly to how 

they were operated by Black Knight. 

The D&O also requires Respondents to 

obtain all third-party and governmental 

consents necessary to effectuate the 

divestitures. 

To help Constellation succeed in 

operating the divested assets, the D&O 

further requires Respondents for one 

year to facilitate Constellation’s hiring 

of certain employees of the Black Knight 

divisions responsible for the Empower 

LOS and Optimal Blue, to the extent 

they were not already included in the 

divestitures. The D&O similarly 

prohibits Respondents from soliciting 

Constellation employees who came from 

Black Knight to work in the divested 

businesses for two years. It also 

prohibits Respondents from enforcing 

any noncompete or non-solicit 

provision or agreement against any 

employee who seeks or obtains a 

position in the divested businesses 

during the term of the D&O. 

The D&O protects the confidential 

information of the divested Black 

Knight divisions as well as confidential 

information that Respondents may learn 

from Constellation in the course of 

providing transition services. These 

safeguards include limiting the 

purposes for which Respondents may 

use such confidential information and 

the employees to whom the information 

may be disclosed. The D&O facilitates 

the execution of NDAs by Black Knight 

employees who possess confidential 

information and who will remain with 

Respondents post-divestiture, and it 

prevents Respondents from allowing 

any such employees who decline to sign 

an NDA from working on an ICE LOS 

or PPE. 

Black Knight and Constellation have 

agreed that Black Knight will finance a 

portion of Constellation’s purchase 

price of Optimal Blue via a promissory 

note. In order to ensure that 

Respondents do not have a continuing 

entanglement with Constellation based 

on the promissory note, the D&O 

provides that the Commission will 

appoint a seller note trustee no later 

than one day after the divestiture closes. 

Not later than ten days after the 

Commission appoints the trustee, 

Respondents must transfer their rights, 

title, and interest in the promissory note 

to the trustee. The trustee will sell the 

note to a third party within six months 

of the divestiture. 

The D&O requires Respondents to 

obtain prior approval from the 

Commission before reacquiring any 

divested assets or acquiring an interest 

in any business that owns or sells an 

LOS for ten years. The D&O also 

requires Respondents to provide the 

Commission with prior notice before 

acquiring an interest in any business 

that owns or sells a PPE for ten years. 

The D&O requires Constellation to 

obtain prior approval from the 

Commission before selling any of the 

divested assets for three years after the 

divestitures and for another seven years 

if the acquiring firm operates an LOS or 

PPE. Finally, the D&O provides for the 

appointment of an independent monitor 

to oversee compliance with the D&O’s 

requirements. 

The purpose of this analysis is to 

facilitate public comment on the 

Consent Agreement, and the 

Commission does not intend this 

analysis to constitute an official 

interpretation of the Consent Agreement 

or the D&O or modify their terms in any 

way. 

By direction of the Commission. 

April J. Tabor, 

Secretary. 

[FR Doc. 2023–19534 Filed 9–8–23; 8:45 am] 

BILLING CODE 6750–01–P 

GENERAL SERVICES 

ADMINISTRATION 

[Notice–ID–2023–04; Docket No.2023–0002; 

Sequence No. 24] 

Privacy Act of 1974; Notice of a New 

System of Records 

AGENCY: Office of the Chief Privacy 

Officer, General Services 

Administration (GSA). 

ACTION: Notice. 

SUMMARY: GSA seeks to establish a new 

system of records for the Federal Service 

Desk (FSD) Program. The purpose of the 

system of records is to collect contact 

information, including usernames, 

email addresses and phone numbers, to 

support users of Integrated Award 

Environment (IAE) applications. 

DATES: This system of records will go 

into effect without further notice on 

October 11, 2023 unless otherwise 

revised pursuant to comments received. 

ADDRESSES: You may submit comments 

via email to the GSA Privacy Act 

Officer: gsa.privacyact@gsa.gov, or mail 

to the Privacy Office (IDE), GSA, 1800 

F Street NW, Washington, DC 20405. 

FOR FURTHER INFORMATION CONTACT: 

Richard Speidel, Chief Privacy Officer, 

GSA, by email at gsa.privacyact@gsa.gov 

or by phone at 202–969–5830. 

SUPPLEMENTARY INFORMATION: 

SYSTEM NAME AND NUMBER: 

GSA/FSD–1. 

SECURITY CLASSIFICATION: 

Unclassified. 

SYSTEM LOCATION: 

GSA Federal Acquisition Service 

(FAS) is the owner and is responsible 

for the system. The system is hosted, 

operated, and maintained by 

contractors. Records are maintained in 

an electronic form on a Software as a 

Service (SaaS) platform, within the 

United States. Contact the system 

manager for additional information. 

SYSTEM MANAGER(S): 

Salomeh Ghorbani, Acting Director 

Outreach and Stakeholder Engagement 

for the IAE Program Management Office, 

GSA, FAS, 1800 F Street Washington, 

DC 20405. 

AUTHORITY FOR MAINTENANCE OF THE SYSTEM: 

Federal Acquisition Regulation (FAR) 

Subparts 4.11 and 52.204, 2 CFR, 

Subtitle A, Chapter I, and Part 25, and 

40 U.S.C. 121(c). 

PURPOSE(S) OF THE SYSTEM: 

The primary purpose of the FSD is to 

provide services to support users of 

current and future IAE applications. 

This support assists users in all 

Department of Defense and Civilian 

Departments and Agencies in the 

Federal Government, as well as all other 

users of the IAE. 

CATEGORIES OF INDIVIDUALS COVERED BY THE

SYSTEM: 

Any entity to bid on and get paid for 

federal contracts or to receive federal 

funds. These include for-profit 

businesses, nonprofits, government 

contractors, government subcontractors, 

state governments, and local 

municipalities. 

CATEGORIES OF RECORDS IN THE SYSTEM: 

The system collects necessary 

information from individuals and 

entities seeking to do business with the 

U.S. Government. The data elements 

collected include full name, email 

address, and phone number. 

RECORD SOURCE CATEGORIES: 

Information is obtained from 

individuals and entities seeking to do 

business with the U.S. Government. 


ddrumheller on DSK120RN23PROD with NOTICES1