Title
NetValueCentral, Inc Real Estate Data Subscription Contract - RFA-24-0408 Request for Award (Ordinance S-51921) - Citywide
Description
Request to authorize the City Manager, or his designee, to enter into contract with NetValueCentral, Inc. to access Maricopa County Assessor Information System Database for the Finance Department, Tax Compliance and Education Division. Further request to authorize the City Controller to disburse all funds related to this item. The total value of the contract will not exceed $125,000.
Report
Summary
This contract will provide the Finance Department, Tax Compliance and Education Division the ability to access NetValueCentral's Maricopa Count Assessor Information System Database for ensuring that all businesses comply with licensing, reporting, and remitting Transaction Privilege Tax (TPT). The department monitors constructions' contracting activities within the City's boundaries as part of the annual audit plan. The construction industry generates between $120-$133 million in TPT revenue for the City annually.
This item has been reviewed and approved by the Information Technology Services Department.
Procurement Information
In accordance with Administrative Regulation 3.10, standard competition was waived as a result of an approved Determination Memo based on the following reason: Sole Source. NetValueCentral, Inc. has been providing online data services combining parcel sales information derived from Maricopa County Assessor's office and Maricopa County Recorder's office. Due to the length of time in operation, the database they provide cannot be replicated due to the historical content it provides for each parcel of land sold in Maricopa County.
Contract Term
The contract will begin on or about August 1, 2025 for a three-year term with two one-year options to extend.
Financial Impact
The aggregate contract value will not exceed $125,000 for the five-year aggregate term. Funding is available in the Finance Department's operating budget.
Department
Responsible Department
This item is submitted by City Manager Jeffrey Barton and the Finance Department.