Rent Comparability Survey and Rent Reasonableness Studies

The Sacramento Housing and Redevelopment Agency (SHRA) is soliciting proposals for Rent Comparability Survey and Rent Reasonableness Studies under RFP #2509-KP for the Sacramento Housing Authority Repositioning Program (SHARP). This procurement seeks qualified, licensed appraisers to conduct comprehensive market studies and appraisals for residential and commercial properties across Sacramento County and San Francisco City. The project requires deliverables including detailed appraisal reports, market study reports, and a rent reasonableness system to be integrated into the agency's Yardi system, with strict compliance mandated to industry standards such as USPAP, HUD, CTCAC, and CDLAC regulations. The evaluation process is two-staged, with proposals scored across four categories: qualifications (25 points), past performance (15 points), project schedule (25 points), and cost/fee proposal (35 points), with a minimum technical proposal score of 70% required for responsiveness. Key dates include a pre-proposal meeting on May 15, 2025, proposal submissions due by June 10, 2025, and an anticipated contract start date of September 1, 2025, with the agency planning to award up to ten contracts and expecting to issue a Notice of Award by June 30, 2025.

The procurement encourages participation from local, small, minority, and women-owned business enterprises, with specific provisions to support diverse vendor participation. Contractors must maintain comprehensive insurance coverage, including commercial general liability, automobile liability, workers' compensation, and professional liability insurance with specified coverage limits. The contract term is initially set for five years, with potential for consecutive one-year option periods. While no specific incumbent vendors are listed, the project requires integration with the existing Yardi system and adherence to complex regulatory requirements. Though the exact budget range is not explicitly defined in the documents, the comprehensive nature of the work, spanning multiple jurisdictions and requiring extensive technical expertise, suggests a significant potential contract value. Proposers will need to demonstrate substantial experience in property appraisal, market analysis, and compliance with housing authority regulations to be competitive in this procurement opportunity.