Subscription Services To Support On-Line Residential Market Data Trends for Rents and Occupancy in Primary, Secondary and Tertiary Metropolitan Markets

NOTICE OF INTENT
The U.S. Department of Housing and Urban Development (HUD) intends to award a sole source purchase order to Costar Realty Information, Inc., 1331 L Street, N.W., Washington, DC 20005. This contractor provides a subscription database for On-Line Residential Market Data Trends for Rents and Occupancy in Primary, Secondary and Tertiary Metropolitan Markets.

The contractor is to provide access to this database for up to Six (6) users.

I. Housing Market Analysis Data
All rent comparability, submarket and metropolitan market report for 165 primary, secondary and tertiary metropolitan multifamily markets, including quarterly executive- level summary data, rankings and analyses on U.S. and regional markets, as well as a variety of special research studies. For the 50 primary metropolitan markets, this data includes:

A. Details on supply, demand, vacancies, rents, and related market indicators on metropolitan markets for the multifamily, office, retail and industrial sectors. Submarket-level detail for multifamily, office and retail markets are included. Annual and quarterly trends are presented, along with five-year forecasts. Now updated monthly. Available in Adobe Acrobat (pdf) and Excel (xls) formats.
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C. Metropolitan market and submarket details on supply, demand, rents and vacancies for Class A and B/C properties for the multifamily and office sectors. Annual and quarterly trends are presented. Now updated monthly. Available in Excel (xls) formats
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D. Aggregate and property-specific rent comp group reports including rents and vacancies, in addition to five-year historical trends for aggregate rent comp groups for the multifamily, office and retail sectors. Now updated monthly. Available in Adobe Acrobat (pdf) and Excel (xls) formats.
E. Individual property sales, including transaction and property characteristics for multifamily, office, retail and industrial sectors. Updated weekly
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F. Economic and real estate analysis in narrative form on most metropolitan areas. The reports discuss key multifamily, office, retail and industrial supply and demand trends in each metropolitan market, pinpoint under-performing and outperforming submarkets. Now updated monthly. Available in Adobe Acrobat (pdf) format.

G. Current market indicators across all submarkets in each metropolitan market, including rents, vacancies, free rent concessions, and expenses for multifamily, office and retail sectors. Now updated monthly. Available in Excel (xls) format.

H. Building-level listings and summary statistics for submarkets and metropolitan markets are presented of planned/proposed, projects under construction and recently completed for the multifamily, office and retail sectors. Now updated monthly.

I. Daily real estate and economic stories are posted from the leading local newspapers and periodicals across the nation, initially coded into relevant metropolitan markets and topic categories (e.g. multifamily construction). A searchable 90-day archive is maintained. Updated daily. Available in an HTML format.

II. Data Files
EXCEL data files with supply demand and rent time series data (from 1980 in most
markets) for the Primary Markets and selected market aggregations are extractable for all database variables for the 30 secondary metropolitan markets data and reports provided in the following:
(a), but without the forecasts;
(c), but without the historical trends; and
(g) and (h) are available.
For the 85-tertiary metropolitan markets the information provided is the same as for the secondary markets, with less submarket details and historical data is limited to the past 3-4 years.

III. Sales Comp Module
A database of apartment transactions valued at $2 million or more in all 80 primary and secondary markets and for 85 tertiary markets.

IV. Transaction Analytics Module
This is a database that includes sales transaction activity. It provides mean, median and 12-month-rolling cap rates, sales price data by price per unit or square foot, and total transaction volume. Transaction trends are available by quarter back to 2005 for metropolitan areas, regions, and the U.S. This module also provides data on top deals, with buyer and seller information, and on key submarket transaction activity. HUD will use this information to identify sales and capital market trends in the multifamily real estate market and assess troubled debt.

V. Single Property Valuation Tool
Allows the user to enter their assumptions or observations on current building performance, select a variety of forecast options based on observations and predictions at the submarket and metro levels, and select some final assumptions in terms of terminal cap rates, additional income and other variable affecting property value. The end result is three distinct market values based on the DCF, Sales Comp and Direct Cap methodologies.

VI. Expanding Markets
Currently FHA has access to 200 apartment markets throughout the United States. With this acquisition HUD will have access to an additional 75 markets.

The period of performance is 2/2/2019 - 2/1/2024. The NAICS code is 519130 and the size standard is 1,000 employees. This notice is not a request for competitive quotations. However, any firm that believes it can meet these requirements may submit a written response via email to Darlene Pope at the email address below by 12:00 PM Eastern Standard Time by December 21, 2018. Supporting evidence must be furnished in sufficient detail to demonstrate the ability to comply with the above requirement. Information received will be considered; however, a determination by the Government not to compete the proposed acquisition based on responses to this notice is solely within the discretion of the Government. If no responses are received, HUD will proceed with the sole source award to Costar Realty Information, Inc. The anticipated award date of this requirement is around December 21, 2018. No calls will be accepted. If you have any questions regarding this announcement, please contact Darlene Pope at Darlene.Pope@hud.gov.

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