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  5. ›SC HOUSING RENT COMPARIBILITY STUDY

Awarded contract·South Carolina Materials Mgmt Ofc·South Carolina

SC HOUSING RENT COMPARIBILITY STUDY

$450kAwarded 7/21/2025Single Award
Contract source

Description

This contract provides a statewide, fixed‑price service to perform substantive reviews of Rent‑Comparability Studies (RCS) submitted by Section 8 Project‑Based Rental Assistance property owners. The contractor must hold a South Carolina Certified General Appraiser license, apply HUD’s Section 8 Renewal Policy Guide, and deliver each review within seven calendar days of receipt. The work covers all South Carolina regions, with an estimated volume of 120 studies per year for five years (maximum contract value $450,000). The contract is awarded through full and open competition, with unit‑price pricing not to exceed $750 per study, and includes automatic one‑year renewal options unless the State provides a 30‑day non‑renewal notice. • Scope: Substantive appraisal of rent‑comparability studies statewide, using HUD guidelines. • Pricing: Unit price ≤ $750 per study; estimated 600 studies total (5 years). • Requirements: Active SC Certified General Appraiser license, insurance, financial statements, and compliance with debarment and ethics certifications.

Attached files

Key dates

Questions due
5/13/2025
Bids closed
8/16/2028
Awarded
7/21/2025
Contract modified
5/15/2025
Starts
8/17/2025
Ends
8/16/2030Renews
Duration
5 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Solicitation
Request for Proposal
Industry
Consulting Services
NAICS
541618
Solicitation №
5400028145

Contract value

$450,000

The solicitation caps the unit price at $750 per Rent‑Comparability Study and estimates an annual volume of 120 studies, yielding an annual cost of $90,000. Over the five‑year maximum term (including four optional renewals), the total ceiling is 600 studies × $750 = $450,000. No other fees are included because taxes are excluded from the price and will be paid by the State. Therefore, the contract’s likely value is approximately $450,000, assuming the maximum volume is reached each year.

AI estimate from the award documents

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