First American CoreLogic Awarded Government Contract
First American Corp. (FAF) subsidiary First American CoreLogic said Monday that it had been awarded a Federal Supply Schedule Contract by the General Services Administration, allowing the company to offer its real property information services and analytics for direct sale to federal government organizations. The contract provides a formalized way for the information services company to simplify and streamline the government procurement process for federal agencies. A Federal Supply Schedule Contract allows customers in the public sector to acquire products and services deemed "mission-critical" at pre-negotiated rates certified by the GSA. "The government market has been, and will continue to be, a priority for us," said George Livermore, president of First American CoreLogic, Inc. "While many agencies already trust us to deliver critical information and analytics, completing the certification process provides these agencies with optimal convenience, shorter lead-times and competitive pricing." It's unclear if other property data providers have similar contracts with the U.S. government, or are in the process of obtaining similar certification; calls to key competitors were not immediately returned. Disclosure: The author held no positions in FAF when this story was originally published. HW reporters and writers follow a strict disclosure policy, the first in the mortgage trade.