Real Estate Appraisal and Valuation Services, Statewide

The Arizona Department of Transportation (ADOT) Master Agreement CTR054969 provides a comprehensive statewide contract for Real Estate Appraisal and Valuation Services. The IDV covers two primary service categories: General Appraisal/Review Appraisal and Billboard/Outdoor Advertising Appraisal, spanning fifteen Arizona counties. Services are delivered on an "on-call" basis, focusing on Eminent Domain partial acquisition appraisal services, including residential and commercial property valuations, right of way agent services, and machinery and equipment valuation.

The master agreement is awarded to Nagy Property Consultants Inc. and was initially established on May 7, 2021, with subsequent amendments extending the contract through May 6, 2026. The contract is a competitive sealed proposal covering the entire state of Arizona, with multiple contract extensions demonstrating ongoing demand for professional appraisal services. While no specific contract value is disclosed, the IDV includes professional liability insurance with $2,000,000 per claim coverage and is designed to provide ADOT with flexible, on-demand real estate appraisal expertise across the state.