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Awarded contract·Jacksonville Aviation Authority·Florida

Appraisal Services (Awardees: CBRE, Inc, JLL Valuation Advisory Services, LLC, Slack, Johnston & Magenheimer)

Won by CBRE, Inc. +3 more$5MMultiple Award
Contract source

Awarded vendors

  • CBRE, Inc.
  • JLL Valuation Advisory Services, LLC
  • Slack
  • Johnston & Magenheimer

Description

This contract provides comprehensive appraisal services for Jacksonville Aviation Authority facilities and assets. It is a multiple‑award, five‑year agreement (July 15 2022 – July 14 2027) awarded to four professional firms: CBRE, Inc.; JLL Valuation Advisory Services, LLC; Slack; and Johnston & Magenheimer. The work likely includes property valuations, market analyses, and reporting to support airport real‑estate decisions, financing, and strategic planning. • Multi‑vendor award enabling a competitive pool of appraisal expertise. • Fixed‑term (5‑year) contract with potential for renewal, though not explicitly stated. • Services centered on real‑estate valuation for a major public‑sector airport authority in Florida.

Attached files

Key dates

Starts
7/15/2022
Ends
7/14/2027
Duration
5 years

Last updated

Details

Award type
Multiple Award
Procurement
Full and Open Competition
Industry
Consulting Services
NAICS
531190
Solicitation №
22-12-43101

Contract value

$5,000,000

No dollar amount is disclosed, but airport appraisal contracts of this scope typically range from $3 M to $7 M over a five‑year period, based on market rates for professional valuation services, the number of vendors, and the size of the airport’s real‑estate portfolio. A mid‑range estimate of $5 million is reasonable, reflecting multiple firms and the long‑term nature of the agreement.

AI estimate from the award documents

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