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Awarded contract·City of Kenai·Alaska

Real Estate Appraisal Services

Won by MacSwain Associates, LLC$32kAwarded 11/1/2019Single Award
Contract source

Awarded vendors

  • MacSwain Associates, LLC

Description

The City of Kenai issued an RFP for professional real‑estate appraisal services to determine fair market (site) values for all City‑owned, leased parcels within its limits. After a competitive open‑competition process, the City issued an Intent to Award on November 1 2019, selecting MacSwain Associates, LLC for a total contract value of $32,000. The work includes delivering a draft appraisal report by February 28 2020 and a final report by March 2 2020, with the contract likely spanning an initial three‑year term. Key points include: • Scope: appraisal of roughly 70+ City‑owned parcels (including airport‑reserve and commercial properties) to produce site‑value reports. • Timeline: proposals due Oct 25 2019; award notice Nov 1 2019; services to begin Oct 29 2019; draft report due Feb 28 2020, final report due Mar 2 2020. • Award: MacSwain Associates, LLC awarded for $32,000 (competitor’s bid $58,895.10). • Requirements: vendor must be an Alaska‑certified appraiser (AS 8.87) with MAI designation, ≥5 years experience, and provide insurance, tax certification, and irrevocable cost proposal for 90 days.

Attached files

Key dates

Bids closed
10/25/2019
Intent to award
11/1/2019
Awarded
11/1/2019
Starts
10/29/2019
Duration
3 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Real Estate
NAICS
541618

Contract value

$32,000

The Intent to Award document lists the award amount for the selected vendor as $32,000. Since this figure is explicitly provided and there is no indication of additional options, extensions, or separate phases, the contract’s monetary value can be reasonably taken as $32,000. The competing bid was $58,895.10, suggesting the city’s budget ceiling is at least $60K, but the award stands at $32K. Therefore the best estimate of contract value is $32,000.

AI estimate from the award documents

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