Real Estate Appraisal and Valuation Services, Statewide

The Arizona Department of Transportation (ADOT) Master Agreement CTR054963 is a statewide Indefinite Delivery Vehicle (IDV) for Real Estate Appraisal and Valuation Services covering 15 Arizona counties. The contract enables ADOT to procure comprehensive real estate appraisal services on an on-call basis, including eminent domain acquisition, disposition, and appraisal review. The IDV supports two primary service categories: General Appraisal/Review Appraisal and Billboard/Outdoor Advertising Appraisal. Appraisers are required to conduct thorough property valuations utilizing all three appraisal approaches (sales comparison, cost, and income), maintain current certification, and adhere to uniform standards of professional appraisal practice.

Baker Peterson Baker and Associates Inc. is the prime contractor for this master agreement, which was originally awarded on May 7, 2021, by ADOT's Procurement Office. The contract is a Master Agreement with a base term of 12 months and potential extensions up to 48 months, currently extended through May 6, 2026. The geographic coverage encompasses 15 Arizona counties, including Maricopa, Pima, Pinal, and others. While specific total contract value was not disclosed, the IDV includes comprehensive insurance coverage with $2,000,000 in professional liability and general liability, ensuring robust protection for the state's infrastructure and property valuation needs.