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North Dakota Department of Commerce, Economic Development & Finance·North Dakota

Intellection Property Valuation

Closes 4/16/2026$50k – $150kRequest for Proposal
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Description

The State of North Dakota seeks a qualified firm to perform a comprehensive economic valuation of the intellectual property (IP) associated with the Vantis statewide UAS Beyond Visual Line‑of‑Sight (BVLOS) program. The contractor will work remotely, collaborate with state staff, the University of North Dakota, and the Northern Plains UAS Test Site, and deliver a final valuation report and supporting models within a short post‑award timeline. • Conduct market, cost, and income‑approach valuations for over 60 distinct IP assets (see Attachment 4). • Produce a written report, a current cost model, and a dynamic future‑scenario valuation model, with final delivery by mid‑June 2026. • Provide a walkthrough meeting and maintain a work‑breakdown schedule, milestones, and communication plan throughout the contract period. • Contract is firm‑fixed‑price, with a single payment after acceptance of deliverables; insurance, tax, and compliance requirements apply.

Attached files

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Contact

Laura Nessa(Procurement Officer)

[email protected]

(701) 328-7364

Key dates

Opened
3/26/2026
Questions due
4/2/2026
Closes
4/16/2026
Projected award
5/12/2026
Duration
2 months

Last updated

Details

Type
Request for Proposal
Industry
Consulting Services
NAICS
541690
Solicitation №
SRC000112

Budget estimate

$50,000 – $150,000

The solicitation does not disclose a ceiling, but a five‑week, firm‑fixed‑price IP valuation effort typically ranges from $50,000 for a small boutique firm to $150,000 for a larger consultancy with extensive data‑modeling resources. The estimate assumes 200–300 hours of senior‑level consulting work at $150–$250 per hour, plus modest expenses for data acquisition and reporting.

AI estimate from the solicitation

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