Description
The United States Department of the Interior is seeking Indian-owned Small Business Economic Enterprises (ISBEE) and Indian-owned Economic Enterprises (IEE) to provide appraisal and valuation services for properties on the Nez Perce Reservation in Idaho. The selected contractor will be required to provide an opinion of the market value of the properties, which will be used for probate matters. The contractor will need to have experience in appraising properties similar to the subject properties and be familiar with the requirements of the Uniform Standards of Professional Appraisal Practice (USPAP). The contractor will be required to submit a report that includes a detailed analysis of the subject properties, including their physical characteristics, market data, and any other relevant factors. The report must be presented in a narrative style and must comply with USPAP Standards 1 and 2.
• The contractor will be required to appraise 7 properties, each with its own unique characteristics and requirements.
• The contractor will need to have experience in appraising properties in the subject's market area or develop market competency through interviews, research, and visits to the market area.
• The contractor will be required to provide a signed certification consistent with USPAP Standard Rule 2-3.
• The contractor will be required to conduct and use due diligence in market research in gathering, collecting, and verifying sales information for comparables in the subjects' market areas.