Appraisal Services

This indefinite delivery vehicle provides professional appraisal services for property valuations required by the State of Florida. The contract encompasses narrative single parcel and multiple parcel ownership appraisal reports, with deliverables tailored to specific acquisition needs. Services include fee simple interest valuations, assessments of encumbered interests, easement appraisals, and compliance with specialized appraisal standards including the Uniform Standards of Professional Appraisal Practice, Supplemental Appraisal Standards for the Board of Trustees, and federal Yellow Book standards where applicable. The IDV is utilized for state land acquisition initiatives, including property valuations for Florida Forever Trust Fund acquisitions, state park expansions, conservation easements, and interagency property transfers. Task assignments specify individual project scope, property characteristics, appraisal methodologies, and deliverable requirements, allowing flexibility in addressing varied property types including timberland, wetlands, waterfront property, and vacant land across multiple Florida counties.

Red Oak Appraisal Company, Inc., a Florida corporation based in Jacksonville with Steven Slotkin, MAI, designated as the primary appraiser, serves as the sole contractor for this vehicle. The Florida Department of Environmental Protection, Division of State Lands, Bureau of Appraisal, acts as the contracting organization. The contract was executed on March 21, 2014, with an initial three-year term extended through subsequent amendments to September 26, 2020. The IDV is available for use by state agencies, universities, community colleges, water management districts, counties, municipalities, and local public authorities throughout Florida. The master contract carries a not-to-exceed value of $250,000, with individual task assignments executed on either fixed-price or hourly fee basis at $100.00 per hour. The contract type is an indefinite delivery vehicle structured to accommodate multiple task assignments for appraisal services as needed by authorized state and local entities.