5082- County-Invitation for Bid - Appraisal Review Services - Round 3

Letcher County Fiscal Court, Kentucky is requesting bids for desk technical reviews of approximately 150 residential properties in support of a Floodplain Acquisition Project funded through the Natural Resources Conservation Service Emergency Watershed Protection Program-Buyout, with bids due June 11, 2026 at 9:00 AM ET and public opening at 10:00 AM ET the same day.

The awardee must hold Kentucky certification as a general real property appraiser under FIRREA Title XI, maintain good standing with the licensing authority without disciplinary action, demonstrate USPAP competency in reviewing residential properties, and complete at least 40 hours of coursework in technical appraisal reviews. This is the central capability filter. The reviewer will conduct desk technical reviews to ensure appraisals comply with the Uniform Standards for Professional Appraisal Practice and reflect fair market value immediately prior to the February 2025 flood event.

Bidders must submit proof of liability insurance, workers compensation insurance, copies of licenses and accreditations, and proof of active registration with the federal System for Award Management. Required insurance includes Commercial General Liability ($2,000,000 aggregate / $1,000,000 per occurrence), Comprehensive Automobile and Water Vehicle Liability ($1,000,000 combined single limit per occurrence), and Workers Compensation with employer's liability coverage of at least $1,000,000 per occurrence.

Awards will be made per property with no guarantee of quantity. Structures may be removed from the program, awarded to other contractors to meet state deadlines, or purchased through alternative programs. Multiple firms may be utilized to meet scheduling requirements. Award will be made at the Letcher County Fiscal Court meeting on June 15, 2026 at 10:00 AM ET. No work may commence without written Notice to Proceed. Bids must be submitted through the DFS Procurement Portal at dfs.bonfirehub.com/portal. Contact buyout@erassist.com or 606-268-4228 for questions.