The contractor shall provide appraisals which will be used to estimate the market value of single family residential property for loan making, servicing, acquisition, and sale. All appraisals required…

Ended Blanket Purchase Agreement Awarded Last action

Contract number
12453B18A0028
Awardee
Awarding agency
Task orders
6 $2,700 obligated

Award facts

Combined order value
$2,700 Current and potential, with all options
Last date to order 100% complete
IDV ceiling 2% used
$150,000.00
Maximum order
$2,500.00
Award type
Single award
Who can order
Only the awarding agency
Set-aside
No set-aside
Pricing
Firm Fixed Price

Award details come from SAM.gov/FPDS.

About this IDV

Real Estate Shop was awarded a single-award Blanket Purchase Agreement by the North Carolina State Office, a civilian agency, effective October 26, 2017, with a completion date of March 28, 2019 and a ceiling value of $150,000. The contract scope requires the contractor to provide real property appraisals for single-family residential properties to support loan making, servicing, acquisition, and sale activities. All appraisals must be submitted to the requesting office within ten business days of order receipt or as negotiated by the ordering official. The BPA was issued without a set-aside designation, though all task orders issued under the agreement utilized the Total Small Business set-aside classification.

Six task orders were issued under this BPA between February 26, 2018, and August 29, 2018, each with individual appraisal assignments valued at $450 and firm fixed pricing. The task orders identified specific property owners and locations throughout North Carolina, with all work performed at the contractor's Hillsborough, North Carolina location. Each task order carried individual completion dates ranging from March 12, 2018, through September 30, 2018. The appraisals were funded through R Funds under Program Account Code S1B1, supporting residential property valuations across multiple counties in the state. Based on the task order activity, the contract was substantially utilized during its initial performance period, with the agency proposing a 180-day extension of the period of performance.

Description

The contractor shall provide appraisals which will be used to estimate the market value of single family residential property for loan making, servicing, acquisition, and sale. All appraisals required by this blanket purchase agreement shall be submitted to the requesting office within ten (10) business days after receipt of the order or as negotiated by the ordering official.

Task orders

Transactions

Action Obligated Date
Other Administrative Action P00001 $0
Original award $0

Quick answers

Who was awarded contract 12453B18A0028?

12453B18A0028 was awarded to Real Estate Shop by North Carolina State Office (State Offices) on October 26, 2017.

How much is contract 12453B18A0028 worth?

Orders under 12453B18A0028 have obligated $2,700. 12453B18A0028's own ceiling is $150,000. A single order can be worth up to $2,500.

How many orders have been placed under contract 12453B18A0028?

6 orders have been placed under 12453B18A0028, the latest on August 29, 2018.

Who can order from contract 12453B18A0028?

12453B18A0028 is a single award blanket purchase agreement. Only the awarding agency can place orders on it.

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