Primary Department: Purchasing
Primary Department Head/Elected Official: Paige McInnis
Secondary Department: County Engineer
Secondary Department Head/Elected Official: Milton Rahman
Regular or Supplemental RCA: Regular RCA
Type of Request: Contract - Award
Project ID (if applicable): N/A
Vendor/Entity Legal Name (if applicable): CoStar Realty Information, Inc.
MWBE Contracted Goal (if applicable): N/A
MWBE Current Participation (if applicable): N/A
Justification for 0% MWBE Participation Goal: N/A - Goal not applicable to request
Grant Indirect Costs Rate (if applicable):
Justification for 0% Grant Indirect Costs Rate (if applicable): Choose an item.
Request Summary (Agenda Caption):
title
Request that the County Judge execute a settlement agreement with CoStar Realty Information, Inc. in the amount of $59,252 for real estate software for the Office of the County Engineer for full compensation for services provided from September 1, 2024 - August 31, 2025.
end
Background and Discussion:
In January 2025, Harris County finalized an agreement with Costar for a subscription to the Costar Suite service. This service provides commercial property information, including:
* Identifying locations available for lease
* Researching lease comparables
* Identifying properties for sale
* Researching sale comparables
Expected Impact:
To sustain the current level of service provided to the Real Property Division.
Alternative Options:
There are no alternate solutions provide same service as needed. Costar is a sole-source software for commercial real estate due to its unmatched database, comprehensive coverage, and industry-specific tools. It provides detailed and accurate information on commercial property listings, lease and sale comparables, market analytics, and tenant data. Its proprietary technology aggregates and verifies data from multiple sources, ensuring reliability and relevance. Costar's specialized features, including advanced mapping, analytics, an...
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