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  5. ›85625P0004-RFP Appraisal of Real Estate

Nyc Department of Citywide Administrative Services·New York

85625P0004-RFP Appraisal of Real Estate

Closes 11/12/2026$200k – $400kRequest for Proposal
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Description

The City of New York’s Department of Citywide Administrative Services is seeking up to five qualified vendors to provide real‑estate appraisal services for properties throughout the five boroughs, with occasional out‑of‑city assignments. Vendors may elect either the USPAP option (full suite of appraisal, market‑rent, and review reports) or the UASFLA option (appraisal reports only). Work is delivered via task‑order work orders, each requiring a draft report within 30 business days and a final report shortly after DCAS approval. The contract is a three‑year base term with optional renewals and includes discount and premium structures tied to volume and turnaround speed.

Attached files

Contact

Florence Mai(Procurement Analyst)

[email protected]

(212) 386-0470

Key dates

Opened
10/15/2026
Questions due
10/1/2026
Pre-bid meeting
9/23/2026
Closes
11/12/2026
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531310
Solicitation №
EPIN 85625P0004

Budget estimate

$200,000 – $400,000

The solicitation cites an estimated total procurement value of $1,050,000 for the three‑year base period, split $750,000 for the USPAP option and $300,000 for the UASFLA option. Assuming the award is distributed among up to five vendors, each vendor could earn roughly $150,000‑$300,000 over three years. Including potential discounts, premiums for faster delivery, and optional renewal/extension fees (up to 110 % of original rates), a realistic earnings range per vendor might be $200,000 to $400,000 for the entire contract term.

AI estimate from the solicitation

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