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Shelby County·Tennessee

Single Source - Research and Valuation for Commercial Appraisal Division

Closes 8/12/2026$100k – $500kSole Source
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Description

Shelby County is seeking a single‑source vendor to provide commercial appraisal and loan‑underwriting software for its Commercial Appraisal Division. The software must support property‑level financial analysis, appraisal reporting, market analytics, and tools for appeals and re‑appraisal efforts, and will be used through the end of the current fiscal year (June 30 2027). Vendors must submit a letter of interest with total and detailed pricing by the close date. • Required functionality: commercial loan underwriting, detailed property financial data, appraisal reports, analytical tools for valuation and appeals. • Delivery: software only (no hardware); implementation period through 06/30/27. • Procurement: single‑source (sole source) with right of the County to reject any or all quotes. • Deadline to express interest: August 12 2026, 2:30 p.m.; no public pre‑bid meeting or site visit required.

Attached files

Contact

Sherry Money

[email protected]

Key dates

Opened
8/4/2026
Closes
8/12/2026
Duration
11 months

Last updated

Details

Type
Sole Source
Industry
Information Technology and Software Development
NAICS
511210

Budget estimate

$100,000 – $500,000

The notice does not disclose any budget, but similar county‑wide appraisal software contracts typically range from $100,000 to $500,000 depending on licensing, customization, support, and training components. Because the County requires a full‑featured commercial loan underwriting and valuation suite, a mid‑range estimate of $250,000 is reasonable, with lower‑end contracts around $100,000 for off‑the‑shelf solutions and upper‑end contracts up to $500,000 for highly customized enterprise systems.

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