Amendment 7 to CoStar license agreement

The City of Portland is seeking to amend its existing contract with CoStar Realty Information, Inc. for a real estate software license. The amendment aims to extend the contract for an additional year and add funds in the amount of $18,000. The contract provides real estate/property management services to the City. The key aspects of the job include: • Renewal of CoStar real estate software license for the Portland Housing Bureau • Extension of the contract term from March 31, 2021 to March 31, 2022 • Increase in the contract not-to-exceed amount by $18,000 to a new total of $92,644.83 The City is looking for a vendor to provide the necessary services to support its real estate and property management needs.