Real Property Data and Analytical Tools

This is a notice that, in accordance with Federal Acquisition Regulation (FAR) Part 13, Simplified Acquisition Procedures, the U.S. Department of Housing & Urban Development (HUD) intends to award a purchase order on a sole source bases to CoStar Reality Information, Inc. (CoStar), to purchase real property data services. HUD has determined that CoStar is the only vendor capable of providing the required services.

THIS IS NOT A REQUEST FOR COMPETITIVE PROPOSALS. A solicitation will not be issued. This is a notice of intent to award a sole source purchase order under statutory authority 10 USC 2304(c) (1), set forth in Federal Acquisition Regulation 6.302-1, "Only One Responsible Source and No Other Supplies or Services Will Satisfy Agency Requirements". All responsible sources may submit a capability statement, proposal, or quotation which shall be considered by the agency. Information submitted shall be sufficient to determine capability in providing the data services required by HUD. Telephone responses and requests will not be received. A determination by the Government not to compete this requirement based on responses to this notice is solely within the discretion of the Government.
HUD regulations and administrative procedures require appraisers and/or underwriters to determine whether accurate property attributes have been utilized in a loan or grant application during loan review to verify that project valuations are accurate before HUD insures the project. HUD Multifamily appraisers and underwriters are in need of verified multifamily project data for all major metropolitan and rural areas in the U.S. Report data must identify subsidized and unsubsidized properties and provide the following information:
· The Provider must provide training and support to HUD staff including:
o Reports for contracting staff on HUD staff usage of data
o Training of appraisers and underwriters on accessing the database
o Technical Assistance in the form of additional research on projects which may be in remote and or rural areas of the country, or when reports do not include sufficient information
Reports which synthesis data must include the minimum information:
· At least three apartment complexes that compare to the subject project
· All Data must be searchable by county areas, zip code and property type
· Reports provide project demographics and surrounding land use for subject and comparable projects
· Access to data provider staff if HUD appraiser(s) have questions regarding data in report.
· Reports should provide verifiable data on property inventory (including on and off market projects), construction activity. Report should synthesis current and historical data.
· Reports for subject and comparable apartment complexes, must include apartment unit size, complex size, vacancy, rents, amenities, locations, unit size and counts
· Include historical data, dating back a minimum of 10 years
· Financing information
· Detailed description of property improvements
· Per square foot Income/Expense for multifamily projects
· All data in reports must include the following verification information:
o Address of property, including city and county, with map location
o Property assessor parcel number and parcel map
o Contact name and phone number
o Lot Size and zoning

The database must be accessible by 20 HUD staff located in as many as four separate HUD offices.

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