Real Estate Valuation Advisors LLC

Real Estate Valuation Advisors LLC, a self-certified small disadvantaged business operating as a limited liability partnership from Birmingham, Alabama, provides expert witness services in real estate appraisal, valuation analysis, forensic accounting, and litigation support exclusively to the Internal Revenue Service as a prime contractor. The vendor competes exclusively in full-and-open procurement—none of its 32 federal awards carry set-aside designations—and does not subcontract.

The company's entire customer footprint consists of a single federal agency: the Department of the Treasury Internal Revenue Service, which accounts for all 32 awards and the full $5.4 million combined potential value. Work is performed across multiple locations including Birmingham and Mountain Brook, Alabama, Atlanta and Decatur, Georgia, and has been ongoing since at least early 2020. The IRS Chief Counsel office appears to be the primary consuming organization based on contract descriptions across the portfolio.

Real Estate Valuation Advisors LLC's capability set centers on expert witness services in conservation easement valuation, fair market value determinations, syndicated conservation easement appraisals, forensic real estate valuation, and courtroom testimony for IRS tax litigation and enforcement programs. Representative recent work includes a $459,732 definitive contract awarded March 8, 2023 for expert witness services supporting IRS litigation and audit defense cases; a $373,071 definitive contract awarded January 7, 2025 for labor-hours expert witness services with ultimate completion January 6, 2030; and multiple $200,000-plus purchase orders awarded throughout 2023 and 2024 for specialized appraisals and forensic valuation in conservation easement and fee simple interest matters. Most recent awards are purchase orders structured on labor-hours or time-and-materials pricing with ultimate completion dates extending to 2030 and 2031. Recent modifications to multiple contracts incorporate FAR clause 52.222-90 to support implementation of Executive Order 14398.

Activity peaked in 2023 with 14 awards, declining to 3 awards in both 2024 and 2025, with 5 awards to date in 2026. Fourteen awards with combined potential value of $2.1 million face ultimate completion within the next twenty-four months, presenting recompete exposure for the vendor and opportunity for competitors. Of the combined $5.4 million in potential value, $3.5 million (64%) has been obligated to date. The vendor's primary NAICS coding is 611512 (Offices of Real Estate Appraisers), with secondary coding in All Other Professional, Scientific, and Technical Services and All Other Legal Services. All 32 awards are categorized under PSC Support–Professional: Expert Witness.