Notice Inviting Statements of Qualifications for Appraisal Services

This is a Notice Inviting Statements of Qualifications (SOQ) issued by the Los Angeles County Department of Beaches and Harbors for as-needed commercial real property appraisal services. The Department seeks qualified vendors to enter into Master Agreements to provide appraisal services for the County's Marina del Rey leaseholds. Prospective vendors must demonstrate a minimum of five years of substantial experience in valuing ground leases, square foot rents, and percentage rents. The solicitation invites interested parties to submit their statements of qualifications in response to the request, with the successful vendors selected based on their demonstrated expertise and qualifications in commercial real estate appraisal.

The Master Agreements established through this solicitation will be structured on an as-needed basis, allowing Los Angeles County to contract for appraisal services as required for the management and valuation of its Marina del Rey leasehold properties. The selection process emphasizes the vendor's experience and capability in handling specialized appraisal methodologies relevant to ground leases and percentage rent arrangements, which are critical to the County's leasehold management operations.