Appraisals, Commercial Insurance Replacement Costs

This contract is a county‑wide solicitation for professional appraisal services focused on commercial‑insurance replacement‑cost valuations, including historic‑building assessments for the Mission Building (Snohomish County Courthouse). Snohomish County evaluated eight qualified firms and awarded the contract to HCA Asset Management via a lump‑sum award of $50,000. The work will involve evaluating building structures, specialized equipment, contents, and providing detailed appraisal reports compliant with insurance and historic‑preservation requirements. • Scope: Commercial‑insurance replacement‑cost appraisals for county facilities, with special attention to historic properties and equipment‑intensive sites. • Evaluation: Emphasis on firm experience (13B) and key‑personnel qualifications (13C); HCA Asset Management achieved the highest total score (81.44). • Award: Single‑vendor lump‑sum award, unit price $50,000; award date July 19 2024.