Multifamily Property and Market Data

The Federal Housing Finance Agency awarded a firm-fixed-price contract to CoStar Realty Information, Inc. for multifamily property and market data with a total value of $1,229,210, inclusive of all options, covering a base year and four additional optional years. The contract was issued as a sole-source acquisition under FAR 13.501(a) and 41 U.S.C. 1901(e)(2) due to CoStar’s unique and irreplaceable capabilities in providing comprehensive, county-level and census tract-level historical and forecasted rental data spanning from the 1980s to five years ahead, including baseline, upside, downside, and severe downside scenarios. This data is critical to FHFA’s congressionally mandated cap and markets models, and no other vendor, including Moody’s Analytics, CompStak, Cherre, or Reonomy, was found capable of delivering the required geographic coverage, forecasting granularity, or pre-structured data format that minimizes processing burden and ensures model compliance with OCC guidelines. Deliverables are transmitted securely via SFTP and include quarterly property-level performance benchmarks, market analysis reports, and geospatial shapefiles, with the performance location in Washington, D.C., and inspection and acceptance conducted by FHFA upon receipt. The acquisition did not involve physical packaging, labeling, or delivery terms, and while the contract value is fixed and includes all options, no itemized pricing, CLINs, or detailed invoicing instructions were specified. CoStar’s ability to meet statutory requirements, maintain model stability, and deliver data without revalidation under the OCC Comptroller’s Handbook was the sole basis for the noncompetitive award, with no other evaluation factors weighted or rated, and no representations from the contractor regarding size status, socioeconomic certifications, or compliance attestations provided.