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This is a Sources Sought Notice issued by the US Department of the Interior, Acquisition Services Directorate, Interior Business Center, on behalf of the Appraisal and Valuations Services Office (AVSO). The government is seeking Indian-owned small business economic enterprises (ISBEE) and Indian-owned economic enterprises (IEE) interested in providing appraisal and valuation services. The objective is to obtain an independent opinion of the market value of fee simple estates of defined properties on the Nez Perce Reservation in Idaho. Responses are due by May 27, 2026, at 12:00 PM EST and should be limited to four pages, including company information, UEI, CAGE code, point of contact, business size/category, and a capability statement. This notice is for market research purposes only and does not constitute a solicitation or commitment to award a contract. No funds are available to pay for submitted information. All submissions must be electronic via email to ***@***. *. * with Sources Sought Notice **** in the subject line. The Statement of Work (SOW) details extensive requirements for appraisal standards (USPAP), market value definition, hypothetical conditions, property inspection (unless retrospective), pre-work meetings, and reporting. Reports must be in a narrative style, encrypted PDF format, and adhere to USPAP standards. The principal appraiser must perform all work and cannot subcontract. Deliverables include an initial appraisal report within 160 days of award, with a review period and a final appraisal report within 15 days of acceptance. Invoices and payment are due 60 days after final report acceptance. Closeout is 60 days after final payment.
The initial appraisal report is due 160 days after award, and the final appraisal report is due 15 days after appraisal review and acceptance. The response due date for this sources sought notice is May 27, 2026.
The bid notice states that invoices and payment are due 60 days after final appraisal report acceptance by the government.
This is a sources sought notice for market research and does not constitute a solicitation, so there is no award criterion mentioned.
Appraisers must hold a valid license as a certified general appraiser in good standing, have experience and market/geographic competency in appraising similar properties, and be familiar with USPAP requirements. The principal appraiser must perform all work and cannot subcontract.
The appraiser must personally inspect the subject property and verify all market data utilized in the value conclusions, unless the AVSO review appraiser has approved other conditions in writing. Requests for retrospective opinions of value do not require a personal inspection.
The bid notice does not mention the submission of samples.
The bid notice does not specify an estimated total value.