6-Letcher County - 5082 NRCS Buyout - Appraisal IFB - Round 1.pdf
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- Solicitation number
- Appraisal - R 1
- Issued by
- Knott County, Kentucky
About this file
This is an Invitation for Bid (IFB) issued by the Letcher County Fiscal Court in Kentucky for the Natural Resources Conservation Service (NRCS) Emergency Watershed Protection (EWP) Home Buyout Program. The county is seeking Certified Residential Real Estate Land Appraiser(s) to provide appraisal services for approximately 125 properties, with each appraisal to estimate the Fair Market Value immediately prior to a flood that occurred on February 24, 2025. Bids must be submitted through the DFS Procurement Portal by October 16th, 2025 at 9:00 AM ET, with bid opening at 10:00 AM ET the same day and award occurring at the Fiscal Court meeting on October 20th at 10:00 AM ET.
Awards will be made per property with no guaranteed quantity of work, and multiple firms may be used to meet the county's scheduling needs. Appraisers must be certified in Kentucky and comply with Uniform Standards for Professional Appraisal Practice (USPAP), with each appraisal report subject to professional review. Preparation of appraisals cannot begin without a written Notice to Proceed, and structures may be removed from the program or purchased through alternative means. Interested parties can direct questions to buyout@erassist.com or call 606-268-4228, and the only required submission document is a copy of necessary licensing and certifications.
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Invitation for Bid
5082 Letcher County NRCS Buyout Appraisal Services Round 1
Letcher County Fiscal Court is procuring the services from Certified Residential Real Estate Land Appraiser(s) certified in the State of Kentucky to provide appraisal services for approximately 125 properties participating in Letcher County’s Natural Resources Conservation Service (NRCS) Emergency Watershed Protection (EWP) Home Buyout Program.
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 intended to reflect the Fair Market Value immediately prior to the flood that occurred on February 24, 2025, unless specified by the Buyout Team.
Please note: Every appraisal report will be professionally reviewed to ensure all Uniform Standards for Professional Appraisal Practice have been followed. Appraisers must comply with professional reviewers, NRCS, and the Buyout Team to make corrections or updates to any information to ensure proper practices were followed. Additionally, there are steps each property must pass through before being appraised. As such, properties may be ready for appraisal at differing times. Invoices will be paid after each report has been approved.
Submission:
● Bids and all required forms shall be submitted through the DFS Procurement Portal at dfs.bonfirehub.com/portal no later than October 16th, 2025 at 9:00 AM ET.
Submissions received after the due date and time will be considered non-responsive and will not be considered.
● Bids will be opened on October 16th, 2025 at 10:00 a.m. ET at the Letcher County Judge Executive's Office.
● Award will occur at the Fiscal Court meeting scheduled for October 20th at 10:00 AM 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 necessary licensing and certifications
5082 Letcher County Appraisal RFP - Round 1 http://dfs.bonfirehub.com/portal mailto:procurement@erassist.com
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 scheduling needs of the county. Preparation of appraisals may not begin without written documentation (email) of Notice to Proceed.
Questions:
buyout@erassist.com or 606-268-4228
5082 Letcher County Appraisal RFP - Round 1 2/9 mailto:buyout@erassist.com
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