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Awarded contract·Cuyahoga County·Ohio

RFP Insurance Appraisal Services Project

$150kAwarded 3/28/2022Single Award
Contract source

Description

The County of Cuyahoga is seeking a certified insurance appraisal firm to provide comprehensive building appraisal services for its portfolio of 67 insured county properties (approximately $1.5 billion in total value). The work includes detailed component‑based measurements, photographs, footprint diagrams, and full appraisal reports with replacement‑cost, reproduction‑cost, and actual‑cash‑value calculations, as well as optional contents valuation and historic‑building cost analysis. Deliverables must be submitted in both electronic (Excel summary) and hard‑copy formats by mid‑June 2022. • Scope: 67 county‑owned buildings, including historic Old Courthouse; full component‑level appraisal, photographic documentation, and final reporting. • Schedule: Proposal due March 11 2022; award March 28 2022; field work begins April 8 2022; final reports due June 17 2022. • Requirements: Certified appraiser, all‑inclusive pricing, insurance‑level valuation methods, 5‑year working‑paper retention, and adherence to County insurance and risk‑management policies.

Attached files

Key dates

Bids closed
3/11/2022
Intent to award
3/28/2022
Awarded
3/28/2022
Starts
4/8/2022
Ends
6/17/2022
Duration
70 days

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
531120
Solicitation №
2530

Contract value

$150,000

The RFP does not disclose a budget, but typical insurance appraisal fees for large institutional properties range from $1,000 to $3,000 per building, with additional charges for historic‑building analysis and travel. Assuming an average of $2,000 per standard building (67 buildings) yields roughly $134,000. Adding a premium for the historic Old Courthouse and optional contents valuations could bring the total to approximately $150,000. Therefore a reasonable ball‑park estimate for the contract value is $150 k.

AI estimate from the award documents

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