Costar Group, Inc.

Costar Group, Inc. is a leading provider of commercial real estate information, analytics, and marketing services to the federal government through its subsidiary, Costar Realty Information, Inc. The company maintains a comprehensive database of property inventories, market analytics, lease/sale comparables, maps, and photography covering the United States, Canada, United Kingdom, and France. Through federal contract awards, Costar provides government agencies with access to its proprietary real estate database and analytical tools, supporting activities such as portfolio management, leasing programs, property valuations, and market research. Costar Group, Inc. describes itself as a global leader in real estate intelligence, delivering insights and solutions that shape the commercial property industry.

Costar has received numerous prime contract awards from various federal agencies, including the General Services Administration (GSA), Department of Housing and Urban Development (HUD), Department of Veterans Affairs (VA), Department of Defense (DoD), Internal Revenue Service (IRS), and National Aeronautics and Space Administration (NASA). These contracts typically involve providing licenses and subscriptions to Costar's real estate database and analytics platform, supporting agencies in their real estate portfolio management, leasing decisions, market analysis, and policy development. For example, Costar has supplied the GSA with national user licenses for commercial real estate data to support its Office of Leasing, provided the VA with real estate database access for market research, and furnished HUD with data subscriptions to support the review of mortgage insurance applications and Section 8 contracts. The company has also received subcontract awards from prime contractors such as ICF Incorporated, L.L.C. and Vertex Aerospace LLC, further extending its reach in providing database subscriptions and real estate information services to government agencies. These contracts are generally not associated with any set-aside designations.

Costar Realty Information, Inc. holds two significant federal contract Indefinite Delivery Vehicles (IDVs). The first is a Blanket Purchase Agreement (BPA) with the GSA Public Buildings Service, awarded in February 2024, with a ceiling value of $7,437,888 over five years. This single-award BPA allows GSA to issue firm-fixed-price calls for Costar's Internet-based, computer-accessible real property informational database and analysis services across its regional offices and headquarters. The second IDV is an Indefinite Delivery Contract with HUD, awarded in September 2021, with a potential value of $1,854,600 over three years. This contract supports HUD's portfolio of FHA-insured properties by providing online subscription database services. To date, four firm-fixed-price delivery orders totaling $1,328,037 have been issued against this contract, serving various HUD offices including the Office of Multifamily Housing and the Office of Policy Development and Research. These IDVs demonstrate Costar's significant role in providing critical real estate data and analytics to support federal agencies' decision-making processes in property management and policy development.