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Awarded contract·Alaska Energy Authority·Alaska

Real Estate Appraisal Services for FedEx Hanger

Won by CBRE, INC$225kSingle Award
Contract source

Awarded vendors

  • CBRE, INC

Description

This contract calls for a qualified Alaska‑licensed real‑estate appraiser (with MAI designation) to produce a comprehensive “as‑is” and “at‑completion” appraisal of the FedEx aircraft‑maintenance hangar, recommend a market‑based lease rate, suggest a potential sale price, and deliver a business forecast for the air‑freight and logistics sector. The appraisal must be completed by mid‑August 2023 and may be presented to the AIDEA Board upon request. The solicitation was open to full and open competition, with the contract ultimately awarded to CBRE, INC. • Scope includes full market appraisal, lease‑rate recommendation, sale‑price estimate, and industry forecast. • Requires Alaska State General Real Estate Appraiser license with MAI designation. • Delivery deadline: 18 Aug 2023; original quote deadline extended to 18 Jul 2023. • Awarded on a lump‑sum basis to a single vendor (CBRE, INC).

Attached files

Key dates

Bids closed
7/18/2023
Contract modified
7/11/2023
Ends
8/18/2023
Duration
2 months

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Real Estate
NAICS
531210
Solicitation №
RFQ 23138

Contract value

$225,000

The solicitation does not disclose a contract ceiling. Typical market‑appraisal contracts for large industrial facilities (≈ $16 M in improvements) in Alaska range from $150,000 to $300,000, depending on scope complexity and consultant rates. Given the need for both “as‑is” and “at‑completion” valuations, lease‑rate analysis, and a detailed industry forecast, a reasonable midpoint estimate is about $225,000. This estimate assumes a senior MAI‑qualified appraiser leading the effort with support staff, and includes travel, on‑site inspections, and report preparation.

AI estimate from the award documents

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