What the buyer needs

AI summary

The Federal Highway Administration needs market research to identify potential sources for an anticipated contract supporting the Build America Bureau's appraisals. The scope includes performing technical reviews of applicant-submitted appraisals, executing market feasibility and highest and best use analyses, and preparing comprehensive project appraisal reports incorporating market value and net liquidation value. Contractors must also perform re-appraisals and provide strategic advisory services. Commercial sources, small businesses, and vendors with deep expertise in federal valuation standards and institutional lending appraisals are invited to respond. Interested parties must submit electronic Microsoft Word or PDF responses of no more than seven pages to [email protected] and [email protected]. Questions are due by September 22, 2026, and full submittals are due by October 15, 2026, at 10:00 AM Eastern Daylight Time. The buyer explicitly states that this notice is not a solicitation, does not commit the government to a contract, and provides no budget or contract term.

Scope of work

Task 1: Pre-Closing Appraisal Review and Technical Due Diligence (Desktop Review)
Task 2: Comprehensive Appraisal Report
Task 3: Market, Feasibility, and Absorption Studies
Task 4: Post-Closing Portfolio Valuation and Monitoring (ad hoc)
Task 5: Programmatic Guidance and Streamlined Framework (ad hoc)

Minimum qualifications

Key personnel must maintain active certifications in USPAP and UASFLA / Yellow Book
High-level proficiency in USPAP and UASFLA / Yellow Book standards
Understanding of public land laws, statutory mandates, eminent domain procedures, right-of-way valuations, and agency policies
Technical and analytical capabilities across diverse property classes ranging from rural/agricultural to urban and special-purpose real estate
Skill in executing standard valuation methodologies (Sales Comparison, Cost, and Income Capitalization approaches)

Documents to include with your response

Cover Page
Sources Sought Response (technical ability and market capacity answer section)
Feedback response to RFI questions

How to submit

Method: Electronic via email
Instructions: Submit responses via email to [email protected] and [email protected]. Format: 8.5x11 inch pages, 1 inch margins, Microsoft Word or PDF, maximum 7 pages (excluding cover page, table of contents, acronym list, and questions on Section 4), 12 point font size or larger.

Incumbent and award research

No incumbent history found for this requirement. The notice does not cite a current contract, and no earlier award from this buying office matches it.

Market context

Awards in the same category (Offices of Real Estate Appraisers). This is not this requirement's award history.

Top vendors in this category: Department of Transportation, NAICS 531320, since Oct 1, 2024

1 contract awards in this NAICS over the period.

1. VARLEY APPRAISAL GROUP, INC.$2,900

Source: USAspending.gov federal award data (U.S. federal public data). A contract is called the incumbent only when the notice or its documents cite it by number.