Request for Proposals: Building and Contents Appraisal Services for Insurance Assessment

NC State Insurance & Risk Management is inviting proposals from qualified contractors to carry out Building and Contents Appraisals for insurance considerations. The contract's primary objective is to determine the value of 100 buildings, as detailed in Appendix A. These buildings span various categories, including libraries, dormitories, athletic venues, laboratories, research buildings, utility plants, manufacturing facilities, and dining halls. The selected contractor will be tasked with conducting thorough appraisals to ascertain both the condition and value of these structures and their contents, thereby ensuring appropriate insurance coverage. All appraisal work must adhere strictly to industry standards, and contractors are required to submit detailed valuation reports for each building. The contract is set to begin once awarded and must be concluded within a timeframe that is compatible with the operational requirements of NC State. Appraisals are to be conducted on-site across NC State's campus, covering all 100 buildings as listed in the solicitation. The expectation is that the contract's value will range between $500,000 and $1,500,000. Interested parties should refer to the appropriate solicitation documents and ensure proposals meet the submission deadline. This project represents an opportunity to partner with NC State in safeguarding its structural assets through reliable and comprehensive insurance appraisals.