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Awarded contract·City of Spokane·Washington

Electronic Foreclosure Property Registry Program

Won by OpportunitySpace, Inc. (Tolemi)$1.2MAwarded 2/8/2024Single Award
Contract source

Awarded vendors

  • OpportunitySpace, Inc. (Tolemi)

Description

The City of Spokane is procuring a vendor to design, implement, and operate a web‑based Electronic Foreclosure Registry. The contractor will be responsible for creating a secure database, conducting outreach to lenders and other responsible parties, collecting and remitting registration fees, and maintaining the system so that it is fully operational within 60 days of contract award. The scope includes ongoing data management, monthly property monitoring, and the ability to expand the platform to additional municipal services in the future. • Develop and launch a cloud‑hosted foreclosure registry portal (functional within 60 days). • Manage registration outreach, fee collection, and monthly property compliance monitoring. • Provide ongoing system support, data integration, and optional future service expansions for up to three one‑year renewal periods.

Attached files

Key dates

Bids closed
9/25/2023
Intent to award
2/8/2024
Awarded
2/8/2024
Contract modified
9/19/2023
Starts
11/1/2023
Ends
11/1/2025Renews
Duration
2 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Information Technology and Software Development
NAICS
541511
Solicitation №
RFP 5972-23

Contract value

$1,200,000

No contract value is disclosed. Based on comparable municipal software implementations for registry platforms, a two‑year custom software solution with outreach and ongoing maintenance typically ranges from $800,000 to $1,500,000. Assuming a mid‑range estimate of $1.2 million for design, deployment, data integration, outreach, and two years of support, the contract is likely valued around $1.2 million. Factors influencing the estimate include the size of Spokane’s foreclosure market, the need for secure cloud hosting, monthly monitoring activities, and the optional renewal options.

AI estimate from the award documents

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