Title
Appraisal Services for Citywide and Public Transit Projects (Ordinance S-47229)
Description
Request to authorize the City Manager, or his designee, to enter into contracts with the appraisers listed below. The aggregate contract value including all option years shall not exceed $3,250,000, with an annual estimated expenditure of $650,000. Further request authorization for the City Controller to disburse funds related to this item.
Report
Summary
These contracts will provide the Finance Department Real Estate Division a Qualified Vendor List (QVL) for appraisal services for Citywide projects on an as-needed basis for the contract period beginning Feb. 1, 2021 through Jan. 31, 2026. The Real Estate Division contracts with appraisers are for appraisal, appraisal review and other valuation services of real and personal property, as requested by City departments.
Procurement Information
The Finance Department released a Request for Qualifications (RFQu) for Appraisal Services on Oct. 21, 2020. The RFQu was conducted in accordance with Administrative Regulation 3.10. Twenty-one proposals were received in response to the RFQu, all of which were deemed responsive to the requirements of the RFQu.
The evaluation panel reviewed submittals according to the following criteria set forth in the RFQu and determined that all proposers met the established criteria to be placed on the Appraisal Services for Citywide and Public Transit Projects Qualified Vendor List (QVL). Appraisal service providers on the QVL are:
1. Appraisal Technology, LLC
2. AXIA Real Estate Appraisers
3. Baker & Assoc., Inc.
4. BBG
5. Biers & Associates
6. CBRE Valuation and Advisory Services
7. Consultant Engineering, Inc.
8. Cushman & Wakefield
9. Dennis L. Lopez & Associates
10. Every Appraisal Service
11. First Appraisal Services
12. Hodges Lacey & Associates
13. Integra Realty Resources
14. Landpro Evaluation
15. Wendell L. Montandon
16. Nagy Property Consultants, Inc
17. Richard K. Beals
18. Sell & Associates, Inc.
19. Situs Valuation Group
20. Wayne Harding & Associates
21. Zaddack Valuation Advisors, Inc
Contract Term
The contract term will be five years.
Financial Impact
The aggregate contract value including all option years shall not exceed $3,250,000, with an annual estimated expenditure of $650,000. Funds are available in various department budgets.
Department
Responsible Department
This item is recommended by City Manager Ed Zuercher and the Finance Department.