Appraisal Services

The Florida Department of Financial Services, Division of Unclaimed Property, is issuing a Request for Proposal (RFP) to obtain competitive sealed bids from qualified vendors for appraisal services. The Department seeks a contractor to provide appraisal services for items from unclaimed safe deposit boxes and other unclaimed safekeeping repositories that are remitted to the Department. The contract term will be 5 years, with an option to renew for up to an additional 5 years. Responses must be submitted by May 9, 2024. The contractor must be certified as an appraiser by at least one nationally recognized appraiser's association, have a minimum of 5 years of general appraisal work experience, and may subcontract with other approved appraisers. All appraisals must be performed during standard business hours at the Division of Unclaimed Property in Tallahassee, Florida. The Department reserves the right to obtain an appraisal from another qualified source at its own expense. The contractor will be compensated based on the pricing submitted in the RFP.

The RFP does not specify any set-aside designations or restrictions on the types of organizations that can respond. No incumbent vendors or current contractors are listed. The Department intends to award one contract but reserves the right to award multiple contracts by region or make no award. The RFP does not provide an estimated award value or budget range.