Appraisal Services

The contract involves providing appraisal services for the City of Denton, Texas, under solicitation number 8955, with a posted date of November 5, 2025, and a response deadline of December 3, 2025. The scope emphasizes engaging experienced firms or individuals capable of delivering innovative, cost-effective real estate appraisal solutions aligned with professional standards such as USPAP and Texas Property Code. The services include conducting fair market valuations for property acquisitions related to municipal infrastructure projects, preparing detailed appraisal reports, and providing expert testimony when necessary. The contract size ranges from $50,000 to $200,000, and responses must be submitted sealed via IONWAVE or hard copy, with questions directed through IONWAVE only. The City strongly advises against last-minute submissions due to the potentially lengthy process. The solicitation highlights strict insurance requirements, mandating comprehensive coverage including general liability, workers’ compensation, automobile, and professional liability, with certificates of insurance naming the City as an additional insured. The appraisal process must adhere to USPAP standards, Texas laws, and include deliverables such as valuation summaries, aerial maps, legal descriptions, and review reports. The evaluation process prioritizes the respondent’s ability to meet schedules (40%), past performance and qualifications (30%), understanding of the project (20%), and key personnel (10%), with a minimum score of 80% required for pre-qualification. The contract will be awarded based on overall best value, with subsequent negotiations on pricing on a cost-plus-expenses basis. Payment terms specify a 30-day turnaround upon invoice receipt, and the agreement emphasizes compliance with federal and state standards, including proper insurance, licensing, and reporting obligations. The procurement process also involves completing various certifications and disclosures, such as conflict of interest questionnaires and ethics forms, although no specific federal clauses or detailed attachment lists are provided. Overall, the contract seeks qualified appraisal firms capable of supporting municipal infrastructure projects through compliant, professional, and innovative valuation services.