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Awarded contract·City of Tucson, Business Services Department·Arizona

Property Insurance Appraiser

Won by Insure Compliance, LLC$400kSingle Award
Contract source

Awarded vendors

  • Insure Compliance, LLC

Description

The City of Tucson is seeking a property insurance appraiser to provide appraisal services for its properties. The contractor will provide thorough reports, digital photos, and spreadsheets, and perform onsite physical inspections of city properties. The contract has a term of 4 years, with the option to renew for an additional 4 years. The city anticipates approximately 30 appraisals/inspections annually. The contractor will provide professional appraisal services, including replacement cost estimates for each building or structure appraised. The contract also includes requirements for insurance, payment terms, and termination. Some of the key points of this contract include: • The contractor will provide a comprehensive initial valuation of city-owned facilities, buildings, structures, and contents, and an annual updated valuation. • The contractor will perform onsite physical inspections of city properties, including taking digital photos and providing reports. • The contract has a term of 4 years, with the option to renew for an additional 4 years. • The city anticipates approximately 30 appraisals/inspections annually. • The contractor will provide professional appraisal services, including replacement cost estimates for each building or structure appraised. • The contract includes requirements for insurance, payment terms, and termination.

Attached files

Key dates

Starts
3/18/2022
Ends
3/17/2026Renews
Duration
4 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
524130
Solicitation №
222968-01

Contract value

$400,000

The contract value is estimated to be around $100,000 per year, based on the contract document, which mentions a total payment of $100,000. However, the actual value may be higher, considering the contract term and renewal options. The contractor's fee is proposed at $94,500 per year, and additional costs may be incurred for travel and other expenses.

AI estimate from the award documents

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