25-0044 Real Estate Appraisal Services

This contract is for real estate appraisal services, including commercial and residential appraisals, appraisal reviews, and consultation services. The contractor will provide services to the State of Arizona and other eligible agencies. The contract has a term of 2 years, with the option to renew for an additional 3 years. The contractor will be paid on a fixed-fee basis, with prices established in the contract. The contract requires the contractor to comply with all applicable laws and regulations, including the Uniform Standards of Professional Appraisal Practice (USPAP). Some key points of the contract include: * The contractor must hold an active license or certification with the Arizona Department of Insurance and Financial Institutions. * The contractor must have at least 5 years of experience in appraising commercial or residential real estate. * The contractor must provide a written report for each appraisal, including a description of the property, an analysis of the market, and an opinion of the property's value. * The contractor must comply with all applicable laws and regulations, including USPAP. * The contract has a term of 2 years, with the option to renew for an additional 3 years.