Multifamily Property and Market Data
Overview
Buyer
Place of Performance
NAICS
PSC
Set Aside
Original Source
Timeline
Qualification Details
Fit reasons
- NAICS alignment with historical contract wins in similar service areas.
- Scope strongly matches core technical capabilities and delivery model.
Risks
- Past performance thresholds may require one additional teaming partner.
- Potential clarification needed on staffing minimums before bid/no-bid.
Next steps
Validate eligibility requirements, assign capture owner, and schedule partner outreach to confirm teaming strategy before submission planning.
Quick Summary
The Federal Housing Finance Agency (FHFA) has issued a notice of intent to award a sole-source, firm-fixed-price contract to CoStar Realty Information, Inc. (CoStar) for multifamily property and market data. This data is critical for models used by the Agency in its role as conservator for Fannie Mae and Freddie Mac. Responses from interested parties are due February 25, 2026.
Scope of Work
The contractor will provide comprehensive multifamily property and market data to support two existing FHFA models:
- Multifamily Acquisition Cap Model: Used to manage market activities.
- Renter Cost-Burdened Markets Determination Model: Vital for assessing market stability.
According to the redacted Sole Source Justification, CoStar is the only known provider capable of delivering the required data granularity (at the county level) and specific forecasting capabilities (including baseline, downside, and upside scenarios) that meet the Agency's technical requirements.
Contract & Timeline
- Type: Firm-Fixed-Price (Sole Source)
- Duration: One-year base period (May 4, 2026 – May 3, 2027) plus four one-year option periods.
- Set-Aside: None (Sole Source procurement under FAR 13.105(a)).
- Response Due: February 25, 2026, at 5:00 PM EST.
- Published: February 10, 2026.
Evaluation
This is not a formal solicitation. However, the Government will consider expressions of interest from vendors who can provide "clear and convincing evidence" of their capability to provide comparable data. The FHFA remains the sole authority in determining if a vendor can meet the technical requirements. Information received will be used to determine if a competitive procurement is warranted.
Additional Notes
Interested sources must submit written responses via email to Jennifer Sellers (Jennifer.Sellers@fhfa.gov). The applicable NAICS code is 519290 (Web Search Portals and All Other Information Services).