Gerald A Teel Company

Gerald A Teel Company Valbridge Property Advisors Division, doing business as Valbridge Property Advisors, is a self-certified small disadvantaged business that provides commercial real estate appraisal and property valuation services to federal agencies as a prime contractor on delivery orders and indefinite delivery contracts. The company operates nationwide with headquarters in Houston, Texas, and competes on full-and-open federal contracts with no recurring set-aside designations, though it holds a self-certified SDB status that qualifies it for total small business set-aside competitions when applicable.

Valbridge's federal capability portfolio centers on real estate appraisal services across a broad range of valuation types: market rent appraisals, easement valuations (including avigation, construction, and permanent easements), property disposition appraisals for asset management, lease appraisals for facilities management, and land acquisition appraisals supporting federal cleanup and infrastructure projects. Representative work includes a $199,000 delivery order from Army Corps of Engineers Tulsa District (issued March 2026) for appraisals and valuations across 115 parcels in Wyoming supporting temporary construction easements; a $186,350 order from the Air Force (April 2024) for temporary and permanent easement valuations across 81 parcels in Nebraska and Wyoming; a $56,000 delivery order from the Air Force (April 2023) for navigational easements at Wright-Patterson Air Force Base in Ohio; and a $43,075 order from Army Corps of Engineers Baltimore District (September 2022) for appraisals in Loudoun County, Virginia supporting Environmental Protection Agency projects. Individual task orders typically range from $3,500 to $75,000 in ceiling value, with occasional larger orders crossing $100,000.

Customer concentration is heavily weighted toward the Army Corps of Engineers. The top customer by potential value, the Department of the Army Corps of Engineers (14 awards, $97.3 million combined potential value), anchors 88% of the combined dollar footprint across the vendor's entire federal award portfolio. The two largest district-level customers—ENDIST Tulsa (38 awards, $4.4 million) and ENDIST Fort Worth (34 awards, $6.1 million)—account for 73% of recent award count but only a small fraction of dollars, reflecting the high-volume, lower-value task order profile. The Air Force and its subordinate Civil Engineer Center represent a secondary customer base (6 awards combined, $378 thousand to $54 thousand). The General Services Administration Public Buildings Service Region 7 and the Department of the Interior round out the active set. This concentration pattern—many small orders from district-level USACE offices funding the bulk of work volume, paired with one massive IDV ceiling anchoring the dollar footprint—indicates a supplier relationship optimized for rapid-turnaround appraisals supporting real estate transactions and facilities management across Department of Defense installations.

Valbridge holds a $40 million multiple-award IDIQ with the Army Corps of Engineers Southwestern Division (awarded April 2022, extending through March 31, 2031) that serves as the primary vehicle for nationwide appraisal services to the U.S. Air Force. This IDIQ has spawned 33 task orders (combined potential value $820 thousand) across the recent award window and is the largest named vehicle in the footprint. The vendor also places work under an older $50 million blanket purchase agreement with the Army Corps of Engineers Fort Worth District for appraisals in Texas, New Mexico, and Louisiana (referenced in several award summaries but not appearing as a distinct line item in the top-vehicles block). Smaller vehicles supporting appraisal work include a DACA6301A0009 contract with the Air Force Civil Engineer Center (19 task orders, $103 thousand combined potential value) and multiple regional BPA calls, notably the Customs and Border Protection Border Patrol Asset Management BPA with ENDIST Fort Worth.

Activity has remained relatively flat over the past five years (10 awards in 2022 to 5 in 2025 and 3 in early 2026), reflecting the nature of small, task-order-driven business. The vendor's recompete exposure is concentrated in the $40 million IDIQ, which runs through March 2031 and does not face recompete in the next twenty-four months. However, the numerous smaller BPA calls and delivery orders under various USACE regional contracts will require ongoing pursuit to sustain the annual award volume.

Valbridge operates as a division of parent company VPA Houston & Dallas, Inc. (also self-certified small disadvantaged business), which carries the operating name Teel Valuation Group. The vendor is registered under NAICS 541219 (Offices of Real Estate Appraisers) and competes in the full-and-open market with no subcontract footprint—all 134 awards in the source are prime awards. The vendor's award portfolio is not anchored to government-wide acquisition vehicles or GSA Schedules; instead, work flows through agency-specific IDIQ and BPA relationships established directly with the Army Corps of Engineers and Air Force Civil Engineer Center, making the vendor's success dependent on maintaining strong relationships with those specific customer offices rather than competing on horizontal government-wide vehicles.