24-25 CoreLogic MarketTrends Small Purchase Sole Source

The State of Illinois is seeking a sole source provider for its 24-25 CoreLogic MarketTrends contract. This small purchase contract involves the procurement of market trend data and analysis from CoreLogic, a leading provider of real estate and mortgage analytics. The selected vendor will be responsible for delivering comprehensive real estate market data, forecasts, and trend analysis to the state on an annual basis. Key objectives include providing Illinois government agencies and policymakers with up-to-date intelligence on housing market conditions, home prices, mortgage activity, and related economic indicators. Qualified vendors must demonstrate extensive experience and expertise in aggregating, processing, and interpreting real estate and mortgage data at the state and local level. Proposals are due by July 24, 2024, and the selected vendor will be expected to begin providing services on August 1, 2024.

As this is a sole source procurement, the State of Illinois has determined that CoreLogic is the only known provider capable of meeting the specific data and analytic requirements. No small business, minority-owned, women-owned, or other set-aside designations apply to this contract. The incumbent vendor is CoreLogic, which has held the MarketTrends contract for the past three years. The state has budgeted up to $150,000 for this one-year agreement, subject to the availability of appropriated funds.