USDA Rural Development Recapture Appraisal Services
ID: SAD2RAS09042024Type: Sources Sought
Overview

Buyer

AGRICULTURE, DEPARTMENT OFRURAL HOUSING SERVICEUSDA/RD/STRATEGIC ACQUISITION DIV 2Washington, DC, 20250, USA

NAICS

Offices of Real Estate Appraisers (531320)

PSC

SUPPORT- PROFESSIONAL: REAL PROPERTY APPRAISALS (R411)

Original Source

https://sam.gov/opp/13a535950a0c4d218a5aa31cf409538e/view
Timeline
    Description

    The United States Department of Agriculture (USDA), through its Rural Development (RD) division, is seeking information from qualified firms to provide appraisal services for single-family homes and vacant lots in rural areas. The primary objective is to assess properties based on three value types: Market Value, Disposition Value, and Liquidation Value, with a standard report completion timeframe of 14 business days. These appraisal services are crucial for supporting USDA's efforts in evaluating properties and servicing loans, thereby enhancing mortgage credit access in underserved rural communities. Interested parties must submit their responses to the online questionnaire by 3:00 PM EST on September 20, 2024, and can direct inquiries to Maria Calica at SAD2Acquisitions@usda.gov.

    Point(s) of Contact
    Maria Calica
    (555) 555-5555
    SAD2Acquisitions@usda.gov
    Files
    Title
    Posted
    Exhibit A Tasks.pdf
    The USDA Rural Development requires appraisal services to assess the value of single-family homes and vacant lots in rural areas, contingent upon three value types: Market Value, Disposition Value, and Liquidation Value. The main task is to provide timely appraisal reports, with a standard completion timeframe of 14 business days. Appraisers must be state-certified, comply with the Uniform Standards of Professional Appraisal Practice (USPAP), and provide detailed reports that meet USDA requirements. Key tasks include documenting property conditions, considering different approaches to value, and providing opinions of economic life. The report must be delivered electronically in a secure format. Additionally, the vendor will engage homeowners for inspection scheduling while ensuring appraisals reflect any capital improvements or deficiencies observed. This initiative supports USDA’s evaluation of properties and loan servicing, ultimately aiding in recovery efforts related to the American Recovery Program. Overall, the RFP emphasizes compliance, timely delivery, and adherence to appraisal standards, indicating the government’s commitment to diligent property evaluations.
    Exhibit B RFI Questions.pdf
    The document outlines a Request for Information (RFI) related to appraisal services for rural areas as defined by specific population and geographic criteria. It establishes a comprehensive set of questions directed to potential service providers regarding their capabilities, experiences, and operational logistics in the appraisal of properties in rural and remote areas. Key inquiries focus on firm qualifications, business size and certifications, coverage areas, capacity per month, and appraisal turnaround times across various regions. Specific emphasis is placed on understanding the challenges faced in delivering timely services, particularly in hard-to-reach locations, and the strategies firms employ to manage appraiser availability and maintain quality standards. The RFI ultimately aims to gather essential information that will inform future federal contract offerings for rural appraisal services, aligning with government objectives to support mortgage credit access in underserved rural communities.
    Lifecycle
    Title
    Type
    USDA Rural Development Recapture Appraisal Services
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