CoStar Realty Information, CoStar Suite Licenses

This is a notice of an intended single source procurement by the Florida Department of Revenue for an online license agreement for the CoStar Suite, a comprehensive commercial real estate information platform. The Department requires access to the CoStar Suite to enable its Property Tax Oversight appraisers to comply with Florida Statutes 193 and 195. The license agreement will be for up to two years, beginning on June 1, 2022, with an estimated dollar amount of $200,000. The justification for the single source acquisition is that the CoStar Suite provides a unique and comprehensive database of commercial real estate information on all 67 counties in Florida, including detailed data on available space, comparable sales, tenant information, lease comparables, and properties for sale. CoStar physically inspects and photographs properties, calls and interviews deal makers, and logs over 120,000 daily updates to its database, making it an essential resource for the Department's appraisal needs.

This is not a solicitation for bids, proposals, or replies, but rather a notice of the Department's intent to award a single source contract. Any prospective vendors must provide information in writing regarding their ability to supply the requested services by email to the contact person listed in the attached PUR 7776 no later than 3:00 P.M. ET on Monday, May 2, 2022. There are no set-aside designations or restrictions on the types of organizations that can respond, and no incumbent vendors or current contractors are listed. The budget range for this intended single source purchase is $200,000.