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Illinois CMS - Central Management Services·Illinois

JPMC Appraisal Services by County

Closes 4/23/2026$2M – $10MInvitation for Bid
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Description

The State of Illinois, through Central Management Services, is seeking vendors to provide appraisal services by county. The contract will be for a period of 4 years, with services to be performed on an as-needed basis. Vendors will be required to provide real estate appraisals, appraisal reviews, and other real estate valuation services. The contract will be available to all governmental units and qualified not-for-profit agencies. • The vendor will be required to provide contact information for the person to be contacted for services under the contract. • The vendor will be required to perform services in accordance with the Uniform Standards of Professional Appraisal Practice. • The vendor will be required to provide reporting to CMS Bureau of Strategic Sourcing (CMS BOSS) if requested. • The vendor will be required to participate in performance monitoring.

Attached files

Contact

Martha Blackwell(Purchaser)

[email protected]

Key dates

Opened
4/8/2026
Closes
4/23/2026
Duration
48 months

Last updated

Details

Type
Invitation for Bid
Industry
Real Estate
NAICS
531320
Solicitation №
26-416CMS-BOPM4-B-51693

Budget estimate

$2,000,000 – $10,000,000

Given the contract is for appraisal services by county, with a 4-year term, and considering the number of counties in Illinois (102), the budget could be substantial. Assuming an average cost of $5,000 to $10,000 per appraisal, and with potentially hundreds of appraisals per year, the total contract value could range from $2 million to $10 million over the 4-year term. However, this is a rough estimate and the actual budget could be higher or lower, depending on various factors such as the actual number of appraisals required, the complexity of the appraisals, and the pricing structure of the contract.

AI estimate from the solicitation

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