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Government · head to head

CentralSquare Asset Management vs Periscope Holdings

CentralSquare Asset Management logo

CentralSquare Asset Management

Government

Public sector enterprise asset management, sold for years as Lucity

From
On request
Rated
-
Full reviewWebsite
Periscope Holdings logo

Periscope Holdings

Government

Statewide e-procurement systems and supplier networks for large public agencies

From
On request
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: CentralSquare Asset Management the Lucity name is now only a suffix on a CentralSquare product, so long-standing customers should confirm which capabilities carry forward under the current release rather than assuming continuity from the Lucity they know.; Periscope Holdings it is scaled and priced for statewide programmes, so a single city or county typically finds both the implementation effort and the cost out of proportion to its needs.
  • They diverge on capability: CentralSquare Asset Management covers Esri ArcGIS integration, Periscope Holdings covers Sealed bid solicitation.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which CentralSquare Asset Management and Periscope Holdings actually diverge.

Attributes where CentralSquare Asset Management and Periscope Holdings differ
AttributeCentralSquare Asset ManagementPeriscope Holdings
PlatformsWeb, iOS, Android, Cloud, On-premiseWeb

Identical on both: starting price (On request), pricing model (quote), free tier (No), user rating (Not yet rated), category (Government).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in CentralSquare Asset Management

  • Esri ArcGIS integration
  • Public works asset breadth
  • Citizen request intake
  • Condition assessment
  • Inspections
  • Suite integration

Only in Periscope Holdings

  • Sealed bid solicitation
  • Supplier registration network
  • Contract catalogues
  • Cooperative purchasing
  • Spend and compliance reporting
  • Supplier diversity tracking

What people use each for

The jobs each tool is most often brought in to do.

CentralSquare Asset Management

  • A city consolidating streets, water, parks and facilities maintenance into one asset register instead of four departmental spreadsheetsnot Periscope Holdings
  • A county needing auditable stormwater and backflow inspection records for a regulatory programmenot Periscope Holdings
  • A public works department wanting citizen-reported potholes and blocked drains to become work orders without manual re-keyingnot Periscope Holdings
  • A municipality already running CentralSquare finance that wants asset and work costs to land in the general ledger without an integration projectnot Periscope Holdings

Periscope Holdings

  • A state building a central procurement portal serving many agencies and local entitiesnot CentralSquare Asset Management
  • A large agency needing statutory sealed bidding with a public opening recordnot CentralSquare Asset Management
  • A purchasing programme that must report spend and supplier diversity across entitiesnot CentralSquare Asset Management
  • A state wanting local governments to buy from its awarded cooperative contractsnot CentralSquare Asset Management

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

CentralSquare Asset Management

  • The Lucity name is now only a suffix on a CentralSquare product, so long-standing customers should confirm which capabilities carry forward under the current release rather than assuming continuity from the Lucity they know.
  • CentralSquare is private-equity owned and grew by acquisition, so asset management competes for development attention against public safety and finance products with larger revenue, and its roadmap is not independently controlled.
  • Pricing is unpublished and quoted per municipality, and asset management is often presented alongside other suite modules, so a department must work to get a clean, unbundled number it can defend at council.
  • Esri ArcGIS is effectively a prerequisite for the spatial capability that makes the product worth buying, and that licence is a separate cost the software quote will not include.
  • It is North America focused, aligned to United States municipal practice, funding structures and regulatory programmes, which limits its fit for local authorities elsewhere.

Periscope Holdings

  • It is scaled and priced for statewide programmes, so a single city or county typically finds both the implementation effort and the cost out of proportion to its needs.
  • The interface reflects the age and regulatory weight of the platform, and suppliers routinely describe registration and bidding as harder than on newer portals, which can suppress bid response.
  • Ownership has changed twice since 2021, from independent to mdf commerce to KKR, so roadmap and support continuity should be written into the contract rather than assumed.
  • Sibling products inside mdf commerce cover adjacent procurement ground, which means an apparently competitive shortlist may contain two products with the same owner.
  • Statewide implementations are multi year projects with heavy configuration and change management, and the professional services cost commonly exceeds the software over the contract term.

Pricing, plan by plan

CentralSquare Asset Management

On request
  • CentralSquare Asset Management$undefined/year
    • Subscription or on-premise licensing, quoted per municipality
    • Priced on population, module selection and user counts
    • Esri ArcGIS licensing purchased separately

Periscope Holdings

On request
  • BuySpeed$undefined/year
    • Quoted per programme, scaled to entities served and transaction volume
    • Multi year statewide contracts with implementation priced separately
    • Supplier side registration fees form part of the commercial model on some programmes

Which should you pick?

Choose CentralSquare Asset Management if

  • You need esri arcgis integration.
  • You work on Web, iOS, Android, Cloud, On-premise.
  • You also want public works asset breadth.
CentralSquare Asset Management review

Choose Periscope Holdings if

  • You need sealed bid solicitation.
  • You also want supplier registration network.
Periscope Holdings review

Questions people ask

Is CentralSquare Asset Management or Periscope Holdings better?
Neither clearly leads. CentralSquare Asset Management starts at On request and Periscope Holdings at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, CentralSquare Asset Management or Periscope Holdings?
CentralSquare Asset Management starts at On request and Periscope Holdings at On request.
Does CentralSquare Asset Management or Periscope Holdings run on more platforms?
CentralSquare Asset Management runs on Web, iOS, Android, Cloud, On-premise. Periscope Holdings runs on Web.
What is CentralSquare Asset Management best used for?
CentralSquare Asset Management is most often used for a city consolidating streets, water, parks and facilities maintenance into one asset register instead of four departmental spreadsheets, a county needing auditable stormwater and backflow inspection records for a regulatory programme, a public works department wanting citizen-reported potholes and blocked drains to become work orders without manual re-keying, a municipality already running centralsquare finance that wants asset and work costs to land in the general ledger without an integration project. Of those, a city consolidating streets, water, parks and facilities maintenance into one asset register instead of four departmental spreadsheets and a county needing auditable stormwater and backflow inspection records for a regulatory programme are not what Periscope Holdings is typically brought in for.
What can CentralSquare Asset Management do that Periscope Holdings cannot?
CentralSquare Asset Management covers Esri ArcGIS integration, Public works asset breadth, Citizen request intake, Condition assessment. Periscope Holdings covers Sealed bid solicitation, Supplier registration network, Contract catalogues, Cooperative purchasing.

Answered from the vendors’ own pages

CentralSquare Asset Management: Can I still buy Lucity?

Not under that name alone. It is sold as CentralSquare Asset Management powered by Lucity, and quotes and contracts will use the CentralSquare name.

Periscope Holdings: Who owns Periscope Holdings?

mdf commerce acquired it in 2021, and mdf commerce was itself acquired by KKR in 2024.

CentralSquare Asset Management: Do I need Esri?

In practice yes. The spatial asset handling that distinguishes the product depends on ArcGIS, licensed separately from Esri.

Periscope Holdings: Is it suitable for a single city?

Usually not. It is built and priced for statewide or very large agency programmes.

CentralSquare Asset Management: Is it cloud only?

No. Both hosted subscription and on-premise deployment are available, which matters for municipalities with data residency or network policy constraints.

Periscope Holdings: What is BuySpeed?

The e-procurement platform behind its statewide deployments, covering solicitation through catalogue ordering and reporting.

CentralSquare Asset Management: Is pricing published?

No. It is quoted per municipality based on population, modules and users, usually through a public procurement process.

Periscope Holdings: Can we see what a state paid?

Yes. State procurement awards are public records and typically disclose the full multi year contract value.

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