The U.S. Department of Agriculture (USDA) Rural Development awarded a single-award Indefinite Delivery Indefinite Quantity (IDIQ) contract to Verdi Consulting Inc., a small disadvantaged, woman-owned business, to provide nationwide recapture appraisal services for single-family homes and vacant lots in rural areas. The 5-year contract, with a 6-month option to extend, has a $25.5 million ceiling value and a $10,000 minimum guarantee. The contract requires Verdi Consulting to perform comprehensive property valuations, generating appraisal reports that determine market value, disposition value, or liquidation value for approximately 232,525 single-family housing borrowers and 3,000 real estate owned properties across all 50 U.S. states and territories. Appraisers must be state-certified, comply with Uniform Standards of Professional Appraisal Practice (USPAP), and deliver standard appraisals within 20 business days, meeting performance standards of 98% on-time delivery and 99% accuracy. This contract is a 100% small business set-aside under NAICS code 531320 with a $9.5 million size standard, targeting real estate appraisal services.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | Not listed | $0 | 6/17/25 |
Name | Description | Solicitation Number | Federal Agency | Type | Posted Date (Click to sort descending) |
|---|---|---|---|---|---|
Nationwide Recapture Appraisal Services | 12SAD225R0001 | Department of Agriculture Rural Housing Service | Solicitation 1/1 | 2/19/25, 10:07 AM |