Appraisals: The work includes making detailed inspections of assigned properties; conforming to recognized appraisal principles and practices of the appraisal professions in estimating the value of the properties; preparing, furnishing, and delivering appraisals on all assigned properties in accordance with the requirements set forth in City Standards and the Department's Right of Way Manual and the Code of Federal Regulations Title 49 Part 24. The PEF must be, at a minimum, a NC General Certified Real Estate Appraiser and must be on the Department Approved Appraiser List. The work includes reviewing appraisals of each parcel to be acquired for ROW purposes for conformance with Uniform Standards of Professional Appraisal Practice (USPAP) and Chapter 5 of the NCDOT Right of Way Manual to determine if the appraisal is credible and its value conclusions are reasonable; making inspections of assigned properties; ensuring that all appraisals received conform to recognized appraisal principles and practices of the appraisal profession; preparing, furnishing, and delivering appraisal reviews on all assigned properties in accordance with the requirements set forth in the NCDOT Right of Way Manual, USPAP and the code of Federal Regulations Title 49 Part 24. The City of Fayetteville is seeking Statement of Qualifications (SOQ) from Firms to provide Right- of-Way Appraisals ("Services") for Federally Funded Projects. The City of Fayetteville is seeking a firm whose experience and expertise will provide timely, cost-effective services to the City. The selected firms will be directly responsible for oversight of right of way "easements" appraisals for the City. The firm must have the financial ability to undertake the work and assume the liability. The selected firm(s) will be required to furnish proof of Professional Liability insurance coverage in the minimum amount of $1,000,000.00. The firm(s) must have an adequate accounting system to identify costs chargeable to the project. All submissions, correspondence, and questions concerning this RFLOI should be directed to Kimberly Toon at kimberlytoon@fayettevillenc.gov.
IF APPLICABLE, questions may be submitted electronically only, to the contact above. Responses will be issued in the form of an addendum available to all interested parties. Interested parties should also send a request, by email only, to the person listed above to be placed on a public correspondence list to ensure future updates regarding the RFLOI or other project information can be conveyed. Questions must be submitted to the person listed above no later than May 9, 2024. The last addendum will be issued no later than May 17, 2024. PROPOSED CONTRACT TIME: 6 months with a 2-month extension if needed
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