Flood Risk System (sole source)

Background
The City of Philadelphia's Procurement Department is seeking to enhance its flood risk management capabilities through the acquisition of specialized services from First Street Technology, Inc., the sole source provider for climate risk statistics and hazard layers. The goal of this contract is to provide detailed information regarding climate risk statistics and hazard layers available for every property across the United States, specifically focusing on flood, fire, heat, wind, and air quality risks.

Work Details
The contract involves the provision of access to the website riskfactor.com, which offers comprehensive climate risk data. This includes:
- Detailed climate risk statistics for properties nationwide.
- Hazard layers that illustrate various environmental risks including flooding, fire, heat, wind, and air quality.
- Custom-built models that calculate property-level climate risk statistics using transparent and peer-reviewed methodologies validated against real environmental events.
- Forecasting tools that project how risks will change over the next 30 years based on global climate model projections.

Period of Performance
The period of performance for this contract is not explicitly stated in the solicitation; however, it is implied that services will be ongoing as needed to support the City’s flood risk management efforts.

Place of Performance
The services will be performed remotely via the internet through the website riskfactor.com, accessible from anywhere within the United States.