Award of a three-year IDIQ contract for online subscription database services in support of the FHA-insured portfolio. Data will be used to evaluate rents and project values to review costs,…
Ended Indefinite Delivery Contract Awarded Last action
- Contract number
- 86614821D00003
- Awardee
-
Costar Realty Information, Inc. UEI HMJLN75ES426 Part of Costar Group, Inc.
- Awarding agency
-
Denver Regional Office
Department of Housing and Urban Development
- Task orders
- 7 $1,922,264 obligated
Award facts
- Opportunity
-
- Online Research Data Base to Support Underwriting and Housing Market Analysis Solicitation · 86614821Q00008 · Posted Sep 2, 2021
- Combined order value
- $1,922,264 Current and potential, with all options
- Last date to order 100% complete
- IDV ceiling 95% used
- $2,016,600.00
- Award type
- Single award
- Who can order
- Only the awarding agency
- Funding agency
- Housing Office of Multi Family Housing Department of Housing and Urban Development
- NAICS code
- 519130 Internet Publishing and Broadcasting and Web Search Portals
- Set-aside
- No set-aside
- Competition
- Competed under SAP · 1 offer Simplified Acquisition
- Pricing
- Firm Fixed Price
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
About this IDV
The U.S. Department of Housing and Urban Development (HUD) awarded a three-year Indefinite Delivery Contract (IDC) to CoStar Realty Information, Inc., a subsidiary of CoStar Group, Inc., to provide online subscription database services in support of HUD's FHA-insured portfolio. This single-award contract has a ceiling value of $1,854,600. Under this IDC, CoStar has received multiple firm-fixed-price delivery orders totaling $1,328,037 to date, which fund licenses and subscriptions to CoStar's proprietary commercial real estate database and analytics tools. These services support HUD offices, such as the Office of Multifamily Housing and the Office of Policy Development and Research, in activities like reviewing mortgage insurance applications, Section 8 contracts, rent comparability studies, and developing real estate market intelligence. CoStar, a leading provider of commercial real estate information to government agencies, also holds a $7.4 million five-year Blanket Purchase Agreement with the General Services Administration to supply similar data and analytical services across its regional offices. The original HUD solicitation was a sole-source award under simplified acquisition procedures, seeking a reliable and verifiable real estate database to support HUD's portfolio management and policy development.
Description
Award of a three-year IDIQ contract for online subscription database services in support of the FHA-insured portfolio. Data will be used to evaluate rents and project values to review costs, mortgage insurance applications, and section 8 contract
Task orders
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Exercise an Option | $0 | |
| Exercise an Option | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Original award | $0 |
Quick answers
Who was awarded contract 86614821D00003?
86614821D00003 was awarded to Costar Realty Information, Inc. by Denver Regional Office (Department of Housing and Urban Development) on September 29, 2021.
How much is contract 86614821D00003 worth?
Orders under 86614821D00003 have obligated $1,922,264. 86614821D00003's own ceiling is $2,016,600.
How many orders have been placed under contract 86614821D00003?
7 orders have been placed under 86614821D00003, the latest on September 29, 2024.
Which agency awarded contract 86614821D00003?
Denver Regional Office (Department of Housing and Urban Development) awarded 86614821D00003, with funding from Housing Office of Multi Family Housing (Department of Housing and Urban Development).
Who can order from contract 86614821D00003?
86614821D00003 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract 86614821D00003 competed?
The extent of competition for 86614821D00003 was competed under sap. The government received 1 offer.
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