Insurance Appraisal Services - Real Property Infrastructure RFP# INSAPP-09172026

The Maryland State Treasurer’s Office is issuing Request for Proposals #INSAPP-09172026 to select one or more firms to provide insurance appraisal services for State-owned real property (Category A) and infrastructure (Category B). This firm fixed-price contract features a three-year base period with two optional one-year renewals. The scope of work requires appraisals to be conducted in accordance with industry standards such as USPAP, ASA, AASHTO, and RSMeans, with a focus on providing accurate replacement cost estimates based on existing as-built specifications. Bidders must provide pricing via a specific template that includes flat fee rates based on structure size and length, alongside hourly fees, with a 100-hour cap per section unless otherwise authorized. To qualify, offerors must possess a Maryland Commercial Real Estate Appraiser license and designate at least two personnel with a minimum of ten years of senior-level experience in insurance appraisal services for real property and infrastructure. The evaluation process prioritizes technical factors—including the work plan, staff qualifications, and economic benefits to the State of Maryland—over financial factors. There is a mandatory Minority Business Enterprise (MBE) participation goal of 15.00%, and offerors must submit required affidavits to demonstrate compliance. Successful contractors must also maintain significant insurance coverage, including $10,000,000 in professional liability and $5,000,000 in cyber security insurance. Proposals must be submitted in two separate volumes—Technical and Financial—via the eMaryland Marketplace Advantage (eMMA) portal by the deadline of November 4, 2026.