Real estate appraisal

The Florida Department of Transportation (FDOT) Master Agreement DP620 provides comprehensive right-of-way and appraisal support services for District Five transportation projects. The indefinite delivery vehicle (IDV) covers a range of critical services including district-level appraisal, appraisal review, right-of-way cost estimates, right-of-way design support, and miscellaneous valuation services. Specific tasks encompass preparing appraisal reports, conducting appraisal reviews, generating right-of-way cost estimates, and providing design support for transportation infrastructure initiatives.

The master agreement is awarded to HDR Engineering and is structured as a five-year contract from October 18, 2025, to October 17, 2030, covering the state of Florida. The contract operates on a task work order basis with compensation through lump sum payments, featuring billing rates of $240 per hour for the Appraiser of Record and Review Appraiser, and $120 per hour for Research Assistants. While no minimum work volume is guaranteed, the contract allows for task-based assignments and potential three-year renewals contingent upon performance and fund availability. The total budgeted amount for the contract period is $18,518.00, with potential for additional task work orders and amendments.