Nationwide Recapture Appraisal Services

The United States Department of Agriculture (USDA) Rural Development is seeking a qualified small business to provide nationwide recapture appraisal services for single-family homes and vacant lots in rural areas. The solicitation requires a contractor to perform comprehensive property valuations, generating appraisal reports that determine market value, disposition value, or liquidation value for properties across all 50 states and U.S. territories. Proposals will be evaluated using a trade-off approach that considers technical/management capabilities, past performance, and price, with non-price factors being significantly more important. The government intends to award a single Indefinite Delivery Indefinite Quantity (IDIQ) contract through this competitive solicitation. Key deadlines include a proposal submission due date of March 26, 2025, with the contract period of performance spanning from June 2, 2025, to June 1, 2030, and including a potential 6-month extension option.

The solicitation is a 100% small business set-aside under NAICS code 531320 with a $9.5 million size standard, targeting real estate appraisal services. The current incumbent is Verdi Consulting Inc., operating under BPA 12SAD120A0037. The contract has a total ceiling of $25.5 million with a minimum guarantee of $10,000, and requires the contractor to complete a minimum of 300 appraisals monthly. The place of performance is Washington, DC 20250, but services will be conducted nationwide, covering approximately 232,525 single-family housing borrowers and 3,000 real estate owned properties. Appraisers must be state-certified, comply with Uniform Standards of Professional Appraisal Practice (USPAP), and deliver standard appraisals within 20 business days, with specific performance standards including 98% on-time delivery and 99% accuracy.