Professional Appraisal Services

The Florida Department of Environmental Protection (DEP) Master Agreement PL325 is an Indefinite Delivery Vehicle (IDV) focused exclusively on professional appraisal services. The contract with Asmar Appraisal Company, Inc. enables state and local governmental entities to procure statewide appraisal services on a task assignment basis. Specifically, the IDV covers comprehensive appraisal work including market value assessments for land acquisitions, property evaluations for state trust funds, and detailed property assessments following Uniform Standards of Professional Appraisal Practice and Supplemental Appraisal Standards for the Board of Trustees.

The master contract was originally awarded on March 31, 2014, with Asmar Appraisal Company, Inc. as the prime contractor, and has undergone multiple amendments extending its performance period. The contract's total value is capped at $250,000, with a consistent hourly rate of $135.00 for appraisal services. The geographical coverage is statewide Florida, with a contract type classified as a Master Agreement. Subsequent amendments extended the contract's duration, with the latest amendment (Amendment No. 2) extending the performance period to September 30, 2020, and including additional provisions such as a disqualification clause and detailed dispute resolution processes.