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Awarded contract·City of St. Petersburg·Florida

Financial, Commercial Property Appraisal Services

Won by Specialty Property Appraisals LLC$61kSingle Award
Contract source

Awarded vendors

  • Specialty Property Appraisals LLC

Description

This contract is for financial, commercial property appraisal services provided by Specialty Property Appraisals LLC to the City of St. Petersburg, Florida. The contract has a term of 5 years, with the option to renew for an additional 2 years. The vendor is required to provide appraisal services for property insurance coverage, including annual updates and supplemental appraisals as needed. The contract includes a detailed scope of work, pricing, and terms and conditions. Key aspects of the contract include: • The vendor is responsible for providing appraisal services for property insurance coverage • The contract includes a detailed scope of work, pricing, and terms and conditions • The vendor is required to provide annual updates and supplemental appraisals as needed • The contract has a term of 5 years, with the option to renew for an additional 2 years • The vendor is required to maintain certain types and amounts of insurance, including commercial general liability and workers' compensation insurance

Attached files

Key dates

Starts
10/1/2020
Ends
9/30/2025Renews
Duration
5 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Real Estate
NAICS
531320
Solicitation №
2024-407

Contract value

$60,869

The contract value can be estimated based on the pricing summary provided in Appendix B. The total cost for the initial three-year term is estimated to be around $10,525. However, this amount may not include all costs, such as labor, per diem, and travel. Additionally, the contract includes a provision for price escalation/de-escalation, which may affect the total contract value. Therefore, a more comprehensive estimate of the contract value would be around $60,869, as mentioned in the budget section of the contract document.

AI estimate from the award documents

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