Bradley Lake Hydroelectric Insurance Appraisal

This contract solicits a qualified, accredited contractor to appraise the fair‑market‑value of the Bradley Lake Hydroelectric Project’s assets, including dam, power tunnel, generating plant, transmission line, and ancillary infrastructure. The work requires a site visit (air‑transport provided), development of a detailed valuation methodology conforming to USPAP and related standards, and delivery of both a draft (June 30) and final (July 31) appraisal report in PDF and Excel formats. The award was made to BBG, Inc, with a fixed‑price budget estimated between $50,000 and $100,000. The procurement was conducted by the Alaska Energy Authority through an informal request for proposals (IRFP) and followed a full and open competition process. • Scope: Complete valuation of all hydroelectric facilities, real‑estate, and associated infrastructure. • Deliverables: Draft and final appraisal reports, cost spreadsheets distinguishing replacement cost and one‑time items. • Timeline: Proposal deadline April 17, 2024; award anticipated May 1, 2024; final report due July 31, 2024.