Real Estate Market Research Database J&A and Award Notice
Awarded Limited / Sole Source Justification Posted
- Solicitation number
- 86614925C00003
- Set-aside
- No set-aside
Opportunity facts
- Contract number
- 86614925C00003 Federal contract award
- Awardee
- Costar Realty Information, Inc.
- NAICS code
- 519290 Web Search Portals and All Other Information Services
- Place of performance
- Arlington, Virginia 22209, United States
- Points of contact
Notice details come from SAM.gov. Updated .
About this opportunity
The U.S. Department of Housing and Urban Development (HUD) issued a sole source justification notice for a real estate market research database contract awarded to CoStar Realty Information, Inc. on July 8, 2025, valued at $1,021,200.00. The contract provides HUD's Multi Family Housing division with a comprehensive database service to support appraisers and underwriters in analyzing housing market conditions, assessing rental housing demand, and processing mortgage insurance applications for various housing programs. HUD justified the sole source acquisition under FAR 6.302-1, determining that CoStar is the only responsible source capable of meeting the agency's specific requirements for geographical coverage, historical trend data, and comprehensive property information. The 36-month contract includes one base year with two option years, following a previous competitive solicitation that was terminated. HUD's market research confirmed no alternative vendors could provide the necessary comprehensive data and coverage required for evaluating mortgage insurance applications and forecasting affordable rental housing market demand.
Notice text
This is a special notice to inform that the U.S. Department of Housing Development issued a contract to CoStar Realty Information, Inc. on July 8, 2025, for $1,021,200.00 under FAR Part 6.302-1 Only One Responsible Source and No Other Supplies or Services Will Satisfy Agency Requirements under contract number 86614925C00003. This synopsis is not considered a Request for Quotation or Proposal. No solicitation document is available and telephone requests will not be honored. No contract will be awarded on the basis of offers received in response to this notice. A Justification for Only One Responsible Source is attached.
For any further questions regarding this special notice, please contact the Contract Specialist, Jennifer Perez, at email address, Jennifer.M.Perez@HUD.gov.
Awarded contract 86614925C00003 to unknown vendor for unknown amount on 2025-07-08.
Files
| File | Type | Posted |
|---|---|---|
| Redacted Real Estate Market Research Database JOFOC.pdf |
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