Appraisal Services

The City of Cincinnati is establishing a Master Services Agreement (MSA) for professional real‑estate appraisal services on an as‑needed basis. The contract will be non‑exclusive, with a total ceiling of $500,000 over an initial three‑year term (with two optional one‑year renewals). The contractor must provide appraisal reports that comply with USPAP and ODOT standards, perform on‑site inspections, and may be called upon to serve as expert witness. Hourly billing is capped at $350 per hour (or per parcel), and work will be issued via individual Work Orders that include a “notice to proceed.” The City will evaluate proposals using a “Most Advantageous to the City” criteria, weighing experience, personnel qualifications, implementation timeline, compliance, understanding of requirements, and economic‑inclusion factors.