Contract Summary

This is an Indefinite Delivery Vehicle (IDV) contract for Professional Appraisal Services between the Florida Department of Environmental Protection (FDEP) and S.F. Holden, Inc., a Florida corporation located at 8259 North Military Trail, Suite 10, Palm Beach Gardens, Florida 33410. The contract is designated as DEP Contract No. PL284 and was executed on March 19, 2014. The contract is governed by Florida law and will be administered by Jay F. Scott, Acting Bureau Chief, with Philip M. Holden, MAI, SRPA (561-626-2004) serving as the Contractor's principal representative.

The contractor shall provide professional appraisal services on a task assignment basis, with compensation based on executed Task Assignment Notification Forms and Task Assignment Change Order Forms. The fee schedule establishes a rate of $200.00 per hour for appraisal services during the initial 12-month period and Year 2 and Year 3 of the contract. The total contract value shall not exceed $250,000 across all task assignments and change orders. The contract is effective for three years from execution and may be renewed for up to three additional years contingent upon satisfactory performance and fund availability. The contractor must provide comprehensive general liability insurance with minimum limits of $100,000 per occurrence and $200,000 annual aggregate, as well as automobile liability insurance. No minimum work volume is guaranteed to the contractor, and the Department reserves the right to select additional professional consultants for specialized projects.