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Property Appraisal Services

ID: RFP6100014191 • State: Pennsylvania

Description

The Commission is seeking proposals from qualified firms to provide professional commercial appraisal services. The services will include certified, credible, and objective industry-standard appraisals of Commission assets including all new and existing facilities, buildings, structures, and contents. The services will provide a comprehensive appraisal in the first year and updated annual appraisals throughout the remainder of the contract. The RFP can be viewed/responded to on the Commission's Vendor Portal. https://www.ptcvendorportal.com
Background
The Commission is seeking proposals from qualified firms to provide professional commercial appraisal services. The goal of the contract is to obtain certified, credible, and objective industry-standard appraisals of Commission assets, which include all new and existing facilities, buildings, structures, and contents.

Work Details
The services will include a comprehensive appraisal in the first year and updated annual appraisals throughout the remainder of the contract. The appraisals must adhere to industry standards and provide an objective assessment of the value of the Commission's assets.

Period of Performance
The contract will commence with a comprehensive appraisal in the first year, followed by annual updates for the duration of the contract.

Place of Performance
The appraisals will be conducted on-site at various locations of Commission assets as specified by the Commission.

Bidder Requirements
Firms must be registered in the PTC’s Vendor Portal to ask questions or submit a proposal in response to this RFP.

Overview

Opportunity Type
RFP
Opportunity ID
RFP6100014191
Version
1
Response Start Date
June 8, 2025
Response Deadline
June 9, 2025 Due in 42 Days
Date Posted
April 17, 2025
Est. Value Range
Experimental
$500,000 - $2,000,000 (AI estimate)
Source
On 4/17/25 Pennsylvania Turnpike Commission in Pennsylvania issued RFP Property Appraisal Services with ID RFP6100014191 due 6/8/25.

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Documents

Posted documents for Property Appraisal Services

Additional Details

Duration
5 years
Solicitation Information
Bids must be received by the purchasing agency on the Solicitation Due Date no later than the Solicitation Due Time as set forth in the solicitation. Any conflict between the dates and/or times contained in the solicitation itself or its attachments and this advertisement shall be resolved in favor of the solicitation.

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