Real Estate Database FY27

The State of Alabama Office of the Chief Procurement Officer is requesting proposals for real estate database access under a Quick Quote solicitation, with responses due September 25, 2026. The total contract cost may not exceed $25,000 across the original agreement and all subsequent annual renewals, with a maximum contract term of five years from the effective date.

The scope encompasses property-level commercial real estate data (construction status, high-resolution photos, floor plans, aerials, and parcel maps), market analytics (submarket reports with five-year forecasts across Multifamily, Office, Retail, Industrial, Hospitality, and Student Housing sectors for 665 universities), public record data covering 42 million commercial parcels searchable by APN, owner name, land use, zoning, and assessed value, CMBS debt information with building operating statements and loan performance data, and investment fund data on private equity portfolios. All Market and Submarket Reports must be updated daily with current data, comparative economic-scenario forecasting, and local market specialist commentary.

Suppliers must register in Alabama Buys and submit responses electronically before the close date. The State reserves the right to conduct cost realism and price reasonableness analyses. Price escalation requests may be considered if material, labor, or other contract components increase significantly, provided proposed increases do not exceed industry-specific price indices or the Consumer Price Index, with approved increases capped at 5 percent of annual contract cost.

Suppliers must comply with Alabama tax certification, E-Verify enrollment verification if employing Alabama-based workers, foreign corporation registration if applicable, and federal debarment and suspension certifications. The State is exempt from sales tax and reserves the right to cancel for convenience with notice.