Rustan Appraisal Services LLC

Rustan Appraisal Services LLC, a veteran-owned small business based in North Branch, Minnesota, provides real estate appraisal services to the federal government exclusively as a prime contractor under Total Small Business set-asides. The vendor is structured as a for-profit Subchapter S corporation and operates entirely within NAICS 531320 (Offices of Real Estate Appraisers) and PSC R411 (Support-Professional: Real Property Appraisals).

Rustan's four awards to date, all issued in 2026, are concentrated with a single customer: the Department of the Interior's Office of Policy Management and Budget accounts for 100% of recent awards and combined potential value ($44 thousand). All work is procured under Executive Order 14398 and centers on appraisal services for federal land acquisitions and exchanges. The vendor completed a $15 thousand appraisal for Turtle Mountain parcels in North Dakota (awarded August 4, 2026, completing May 1, 2027), a $6 thousand appraisal for two tracts at Fort Berthold, North Dakota (awarded July 16, 2026, completing February 22, 2027), an $11 thousand appraisal for a Dan Hall land exchange in North Dakota (awarded July 6, 2026, completing February 11, 2027), and an $11.5 thousand appraisal for two Interior-held water right cases in Arkansas (awarded June 12, 2026, completing December 31, 2026). All four awards are firm fixed price purchase orders. Rustan holds no subcontract role in the source data and participates in no parent vehicles or IDIQs. All four awards face ultimate completion and recompete within the next twenty-four months, representing $44 thousand in recompete exposure.