This contract is for professional services, appraisals for the FM 546 Phase I project. The scope of work includes valuation and advisory services for various parcels impacted by the project. The contract was awarded to JLL Valuation and Advisory Services, LLC. The key aspects of the contract include:
• The contract is for a fixed fee, with a total budget of $152,250.
• The vendor will provide a report with an opinion of value, based on historical information and forecasts of market conditions.
• The report will be delivered within 30-60 days of receiving the executed engagement letter.
• The vendor will conduct a physical inspection of the property and use all applicable approaches to value.
• The client will provide all necessary documents and information to the vendor.
• The contract includes terms and conditions, such as payment terms, confidentiality, and intellectual property rights.
The contract is governed by the laws of the State of Texas and is performable in Collin County, TX.