6-Letcher County - 4663 FEMA Buyout - Appraisal IFB - Round 11.docx.pdf

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Attached to
4663-Letcher-Invitation for Bid - Appraisal Services - R-11
Solicitation number
Appraisal - R 11
Issued by
Knott County, Kentucky

About this file

This is an Invitation for Bid (IFB) issued by Letcher County, Kentucky, for certified residential real estate appraisal services in support of Floodplain Acquisition Projects. The county is seeking services from Kentucky-certified appraisers to provide appraisals for approximately one residential property affected by the July 2022 flood. The appraisals must estimate Fair Market Value in accordance with the Uniform Standards for Professional Appraisal Practice (USPAP) and reflect values immediately prior to the flood event unless otherwise specified by the Buyout Team. Bids must be submitted through the online DFS Procurement Portal at dfs.bonfirehub.com/portal no later than April 16, 2026, at 9:00 a.m. ET. Bid opening will occur on April 16, 2026, at 10:00 a.m. ET at the Fiscal County Judge Executive's Office, with award scheduled for the Fiscal Court meeting on April 20, 2026, at 10:00 a.m. ET.

Awards will be made on a per-property basis with no guarantee of work quantity, as structures may be removed from the program, awarded to other contractors, or purchased through alternative programs. Multiple firms may be utilized to meet scheduling requirements. Bidders must submit copies of liability and workers' compensation insurance, professional licenses and accreditations, and proof of active registration with the federal System for Award Management (SAM). Appraisal work cannot commence without written Notice to Proceed from the county. The county reserves the right to negotiate with any qualified bidders. Questions may be directed to buyout@erassist.com or 606-268-4228, with procurement portal navigation inquiries sent to procurement@erassist.com.

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Invitation For Bid 4663 Letcher County NRCS Buyout Appraisal Services

Round 11

Letcher County is procuring the services from Certified Residential Real Estate Land Appraiser(s) certified in the State of Kentucky to provide appraisal services for approximately one (1) residential properties, in support of Floodplain Acquisition Projects.

Services to be provided include preparation of an estimate of the Fair Market Value of each parcel, prepared in accordance with the Uniform Standards for Professional Appraisal Practice (USPAP). The estimate is to reflect the Fair Market Value immediately prior to the flood, which occurred in July 2022, unless specified by the Buyout Team.

Submission:

● Bids and all required forms shall be submitted through the online DFS Procurement Portal at dfs.bonfirehub.com/portal no later than April 16th, 2026, at 9:00 a.m. ET. Submissions received after the due date and time will be considered non-responsive and will not be considered.

● Bids will be opened on April 16th, 2026, at 10:00 a.m. ET at the Fiscal County Judge Executive's Office.

● Award will occur at the Fiscal Court meeting scheduled for April 20th, 2026 at 10:00 a.m.

ET.

● Questions regarding bids should be submitted in the procurement portal. For questions regarding procurement portal navigation, email: procurement@erassist.com.

● Required Documents for Submission:

○ Copy of Insurance (liability coverage and workers' compensation)

○ Copy of License and Accreditation

○ Proof of active registration with the federal System for Award Management (SAM) https://www.SAM.gov is required and shall be submitted in the procurement portal.

Awards will be made per property. There is no guarantee of the quantity of work. Structures may fall out of the program, be awarded to another contractor to meet state deadline requirements, or be purchased through another program. Multiple firms may be used if needed to meet the

4663-Letcher County Appraisal IFB - Round 11 http://dfs.bonfirehub.com/portal mailto:procurement@erassist.com scheduling needs of the county. Preparation of appraisals may not begin without written documentation (email) of Notice to Proceed.

The County reserves the right to negotiate with any and all individuals or firms that submit bids.

Questions:

buyout@erassist.com or 606-268-4228

4663- Letcher County Appraisal IFB - Round 11 2/7 mailto:buyout@erassist.com

File details come from the government source that posted it. Updated .