C05_12FPC126Q0008 Q and A - 5-27-26.pdf

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Area Wide Market Analysis - NRCS South Dakota
Solicitation number
12FPC126Q0008
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This is a Questions and Answers document for federal contract solicitation 12FPC126Q0008, issued on May 27, 2026.

The document addresses two clarifications regarding an Agricultural Value Mapping Assessment (AWMA) solicitation. First, it clarifies that market areas for the AWMA may be defined using multiple county clusters or regions rather than individual counties, provided the approach receives NRCS (Natural Resources Conservation Service) approval. This allows vendors flexibility to align with established regional frameworks such as South Dakota State University's Farm Real Estate Survey market areas. Second, the document specifies that while physical inspection of sale comparables is not required in AWMA reports, the vendor conducting the appraisal must be a state-certified general real property appraiser or hold a temporary practice permit equivalent to state certification under FIRREA (Financial Institution's Reform, Recovery and Enforcement Act of 1989) in the state or states where the AWMA is conducted.

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12FPC126Q0008 Questions and Answers – Issue Date: 5-27-26

Q1. Exhibit 1 suggests that the market areas are considered to be on a "per county" basis. In other similar solicitations, the market areas are more regional and consist of multiple counties. Additionally, South Dakota State University uses regional market areas consisting of multiple counties in their Farm Real Estate Survey. Is the DOI considering each county to be a separate market area or would it be acceptable to use market areas that are consistent with the SDSU market areas and/or include of multiple counties?

A1. It is acceptable to use multiple county areas, aka county clusters or regions, with NRCS approval.

Q2. Is it a requirement for the appraiser to physically inspect the sale comparables used in the report and if so, does the appraiser need to be a Certified General Appraiser?

A2. No, the “sale comparables” are not required to be physically inspected. However, Please note, section B of the AWMA specifications state in part, “the vendor must be a state-certified general real property appraiser or obtain a temporary practice permit equal to state-certified general real property appraiser in compliance with title xi of the financial institution’s reform, recovery and enforcement act of 1989 (FIRREA) in the state or states where the AWMA is conducted.”

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