Real estate appraisal

The Florida Department of Transportation (FDOT) District Five Master Agreement DP611 is an Indefinite Delivery Vehicle (IDV) focused on providing comprehensive right-of-way and appraisal services. The contract enables procurement of critical professional services including written acquisition appraisal reports, comparable sales data books, review appraisals, right-of-way cost estimates, design support, and miscellaneous valuation services. These services are designed to support transportation infrastructure planning and development, with specific emphasis on detailed property valuation and acquisition processes.

The master agreement is awarded to Eminent Valuations, PLLC, covering the state of Florida with a contract period from October 18, 2025, to October 17, 2030. The contract operates as a five-year IDV with no guaranteed minimum work volume, allowing task orders to be issued as needed. Billing rates are structured between $75 to $200 per hour depending on staff classification, with services to be initiated through individual Task Work Orders at negotiated lump sum amounts. The contract includes potential renewals up to three years and is funded through federal aid provisions, requiring compliance with associated federal contract regulations.