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Housing Authority of the City of Milwaukee·Wisconsin

8962-Appraisal Services

Closes 6/18/2021$30k – $60kRequest for Quotation
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Description

The Housing Authority of the City of Milwaukee is seeking a qualified provider to perform real‑estate appraisal services for its Section 32 Homeownership Program. The contractor must be a Wisconsin‑licensed appraiser familiar with Milwaukee market conditions and must deliver complete appraisal reports within two weeks of each request. Pricing will be submitted on a per‑appraisal basis, and the contract runs for one year with optional annual extensions. • Provide appraisal reports for occupied, vacant, and vacant‑lot properties under the Section 32 program. • Must be licensed in Wisconsin and comply with USPAP and related regulations. • Required insurance includes $500 k commercial liability, $1 M professional liability, and workers’ compensation as per state law. • Submissions are due June 18, 2021; the contract commences July 1, 2021 and initially expires June 30, 2022, with up to four one‑year extensions.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Jeanne Dawson(Primary procurement contact)

[email protected]

(414) 286-5405

Key dates

Opened
6/8/2021
Closes
6/18/2021
Duration
1 year

Last updated

Details

Type
Request for Quotation
Industry
Real Estate
NAICS
531120
Solicitation №
8962

Budget estimate

$30,000 – $60,000

The RFQ does not disclose a per‑appraisal rate, but typical residential appraisal fees in Milwaukee range from $300 to $600. Assuming the Section 32 program requires roughly 100–200 appraisals over the contract year, total revenue could fall between $30,000 and $120,000. Accounting for administrative overhead and possible additional services, a realistic earning range is $30k–$60k.

AI estimate from the solicitation

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