This contract is a sole‑source professional‑services agreement with SelectROW to provide comprehensive real‑estate acquisition, appraisal, title, and relocation assistance for the NM 347 “Paseo del Volcán” extension project in Bernalillo and Sandoval Counties. The amendment extends the existing contract by one year, bringing the total possible term to four years.
• Scope includes acquisition of 13 residential parcels (with structures) and 197 vacant parcels, appraisal services, title work, and relocation assistance under federal and state statutes.
• Contract value is $2,591,912 (base) plus estimated gross‑receipt tax of $233,272, for a total projected outlay of ~$2.83 M.
• Work must be performed by certified general appraisers, comply with USPAP, NM Real Estate Appraisers Act, and the Uniform Relocation Assistance Act, and be completed within the one‑year extension period.