Farm Operation Assessment

The Arkansas Department of Corrections is seeking information from industry experts regarding farm operation appraisal and pricing models. The department intends to select a vendor who can provide an effective assessment and valuation of its farm locations, which include row crops, gardens, poultry, dairy, cold storage, milk and vegetable processing, beef cattle, hay production, feed mill, farm garage, and farm maintenance. The contractor shall be responsible for evaluating soil topography and fertility, assessing existing infrastructure, compliance with current market trends, supply and demand in the agricultural sector, determining the value of buildings or equipment, and providing a fair market appraisal of the farm operation. • The farm operation consists of 20,723 acres and includes seven locations. • The department's primary mission is the protection of the public, and its farm operation is designed to be self-supporting. • The goals of the farm operation include maximizing revenues, supporting department activities, providing workforce training for inmates, and reducing the cost of incarceration. • The department is seeking information on how to establish a general price sheet that could apply across multiple vendors to maximize competition and allow for adequate price comparison.