As-Needed Commercial Real Property Appraisal Services RFSQ

The Los Angeles County Department of Beaches and Harbors is conducting a Request for Statement of Qualifications (RFSQ) to establish Master Agreements for as-needed commercial real property appraisal services specific to the Marina del Rey leaseholds. The procurement seeks qualified vendors to provide specialized appraisal services, with a critical requirement of demonstrating a minimum of five years of substantial experience in valuing ground leases, square foot minimum rents, and percentage rents. Vendors will be evaluated primarily on their expertise and demonstrated capabilities in commercial real estate appraisal methodologies, with a focus on complex leasehold property valuations. The solicitation was posted on July 8, 2020, with a final submission deadline of January 16, 3025, indicating an extended procurement timeline. The County will use a qualification-based selection process that emphasizes vendor experience and professional competency rather than low-bid pricing. Selected vendors will enter into Master Agreements allowing Los Angeles County to issue task orders for specific appraisal assignments as operational needs arise. The primary objective is to secure specialized appraisal professionals who can support the Department's leasehold management and administrative functions effectively.

The RFSQ does not specify explicit set-aside designations or restrictions for disadvantaged business enterprises based on the provided documentation. There are no details included about incumbent vendors or current contractors for these appraisal services. The procurement appears to be open to qualified commercial real estate appraisal firms or professionals with specialized marina and leasehold property valuation expertise. While specific budget ranges or potential award values are not explicitly stated, the as-needed Master Agreement structure suggests a flexible contracting approach that allows the County to engage appraisal services on a task-order basis. The selection will be based on the vendors' qualifications, with potential for multiple vendors to be awarded Master Agreements. The comprehensive nature of the RFSQ indicates that the County anticipates ongoing, intermittent appraisal needs for its Marina del Rey properties, suggesting a potentially significant but variable engagement scope. Interested vendors will need to demonstrate robust experience in complex commercial real estate valuation, particularly in ground lease and percentage rent assessments.