GSA PBS R5 Appraisal and Consulting Services 2017-2022

GSA Public Buildings Service Region 5 established this Master IDIQ for appraisal and appraisal-related consulting services on federally-owned real property and designated privately owned properties within its Great Lakes region on April 1, 2017, with a shared ceiling of $72.5 million. Ordering closed on March 31, 2019, making this vehicle inactive for new task orders.

The vehicle executed 52 delivery orders over its operational period, with ordering activity concentrated in 2019 (22 orders), following 17 orders in 2018 and 13 in 2017. Combined task-order potential value totaled $298 thousand, with 100% obligated. This modest total against the $72.5 million ceiling reflects the vehicle's narrow, specialized scope: fair market value appraisals, fair annual rent (FAR) appraisals, and related consulting for specific federal properties across Region 5's geographic footprint, primarily courthouses, federal buildings, and parking facilities in Illinois, Indiana, Michigan, Minnesota, Ohio, and Wisconsin.

All 52 task orders were unrestricted, non-set-aside procurements. Individual order values ranged from $2,800 to $48,980, with most falling between $3,500 and $7,200. The largest single order, worth $48,980, was awarded to Herman Appraisal Services Inc. for appraisal reports on two International Falls, Minnesota properties in January 2018.

Competition was fragmented across 17 prime contractors. The top five by order count—Tobin Real Estate Advisors Inc. (8 orders), P.r.s. Consulting, LTD (7 orders), Bur Valuation Group Inc. (6 orders), Cbre Inc. (4 orders), and Dean Appraisal Company (4 orders)—together held only 56% of awarded orders. Herman Appraisal Services Inc. held the largest single potential value despite winning only one order. No prime captured the vehicle.

All orders were placed by GSA PBS Region 5 itself; no other federal agency utilized the vehicle. Work performed across Region 5's five-state footprint, with particular concentration in Illinois (Chicago, East St. Louis) and Michigan (Detroit, Battle Creek, Flint). Typical performance timelines were 45 to 75 days from award to completion.

The General Services Administration (GSA), Public Buildings Service (PBS), in Great Lakes Region 5 anticipates the need to establish contracts for the provision of timely, cost effective, and professional appraisal, appraisal-related, and consulting services for federally-owned real property and other privately owned properties designated by GSA within delineated geographic areas.