85625P0004-RFP Appraisal of Real Estate

The City of New York’s Department of Citywide Administrative Services (DCAS) is soliciting up to five qualified vendors to provide real‑estate appraisal services throughout the five boroughs, with occasional out‑of‑city assignments. Vendors will receive work orders for individual appraisal, market‑rent appraisal, and appraisal‑review assignments, each required to be completed within a standard 6‑week window (shorter deadlines allowed for additional premiums). The contract is a three‑year, task‑order arrangement with optional two‑year renewal and one‑year extension, and a total estimated procurement ceiling of $1.05 million. Key compliance requirements include USP (Option 1) or UASFLA (Option 2) standards, staffing qualifications (MAI‑designated appraisers and NY‑state certified general appraisers), and mandatory riders covering the Iran Divestment Act, the NYC Earned Safe and Sick Time Act, and city fleet safety provisions. • Deliver appraisal, market‑rent, and review reports per DCAS specifications (photos, zoning, flood maps, valuation methods, etc.). • Submit draft reports within 30 business days of each work order; revise within 3 business days after comments; final reports due 2 business days after acceptance. • Pricing is per‑assignment with built‑in discounts (15 % for > 3 similar assignments, 20 % for re‑appraisals within 12 months) and premiums for accelerated delivery (5‑20 %). • Vendor must meet staffing thresholds (minimum one MAI appraiser, multiple NY‑state certified appraisers) and comply with all contractual riders and NYC procurement policies.