NIGP 94617: Appraisal Services, Art

NIGP 94617 Appraisal Services, Art is an Item code under which state and local governments procure professional auditing and appraisal services related to unclaimed property compliance, collection, and delivery. The recent procurement activity does not reflect traditional art appraisal or valuation work; instead, the code encompasses financial audits of holders and potential holders of unreported or underreported unclaimed property, including general ledger audits, securities audits, and contractor-assisted self-audit services conducted in accordance with National Association of Unclaimed Property Administrators standards and Generally Accepted Auditing Standards. Issuing bodies under this code include state revenue departments and county-level jurisdictions working in coordination with state agencies. The Washington State Department of Revenue is the principal recent buyer, procuring these services across multiple counties within the state.

The Washington State Department of Revenue issued two substantially similar RFPs in April 2026—RFP 2026-01 (due June 15, 2026) and a reposted RFP (due June 5, 2026)—each seeking multiple qualified vendors to conduct unclaimed property audits across Franklin, Grant, Grays Harbor, Chelan, and Yakima counties. Both procurements required a minimum of three years' experience in multi-state unclaimed property compliance audits and supervising staff with at least five years of field audit experience or senior-level public accounting background. Compensation is structured at ten percent of the dollar value of unclaimed property actually delivered for completed audits, with a reduced three percent rate applicable when self-audit holders fail to comply; the maximum contract value for the three-year initial term (July 1, 2026, through June 30, 2029) is $2,000,000, with $1,000,000 capped annually for any extension years. Six incumbent vendors held contracts from the prior cycle: Kelmar Associates LLC, Kroll Government Solutions LLC, Treasury Services Group LLC, Innovative Advocates Group Inc., EECS Audit Services US LLC, and Discovery Audit Services. The bidders conference for both procurements was held May 8, 2026, and proposals were due in early June 2026.