Real Estate Appraisal and Valuation Services, Statewide

The Arizona Department of Transportation (ADOT) Master Agreement CTR054973 is an Indefinite Delivery Vehicle (IDV) for Real Estate Appraisal and Valuation Services across 15 Arizona counties. The contract covers two primary service categories: General Appraisal/Review Appraisal and Billboard/Outdoor Advertising Appraisal. Specifically designed for professional services related to eminent domain acquisitions, dispositions, and appraisal reviews, the IDV enables ADOT to procure on-call appraisal services through task-based assignments. The contract scope encompasses comprehensive property valuation work, including partial acquisition assessments, leasehold evaluations, fee simple properties, and easement assessments for various governmental and transactional purposes.

The master agreement is awarded to SignValue, Inc., a Mesa, Arizona-based appraisal firm, and was initially established on May 7, 2021, with the current contract period extended through May 6, 2026. The contract is a statewide master agreement with multiple potential contract renewals, allowing for incremental price adjustments (3-12% across renewal periods). The IDV covers geographical service areas including Apache, Cochise, Coconino, Gila, Graham, Greenlee, La Paz, Maricopa, Mohave, Navajo, Pima, Pinal, Santa Cruz, Yavapai, and Yuma counties. SignValue, Inc. maintains comprehensive insurance coverage, including professional liability with $2,000,000 per claim and aggregate limits, ensuring robust protection for services rendered under the contract.