The document outlines a Sources Sought Notice from the Department of Veterans Affairs for Appraisal Management Services. It requests information from potential service providers to understand available capabilities in this sector as part of the procurement process. The notice indicates a contracting office located in Washington, D.C., and specifies the response deadline as October 3, 2024, at 3:00 PM Eastern Time. No Recovery Act funds are involved, and the notice includes relevant codes for product services and the business sector, indicating a focus on NAICS code 518210. Interested parties are directed to contact Joshua Gallien for further inquiries. The purpose of this notice is to gauge interest and gather information to inform future Requests for Proposals (RFPs), ensuring the Department of Veterans Affairs can effectively engage with qualified vendors in appraisal services.
The Department of Veterans Affairs (VA) issued a Sources Sought / Request for Information notice seeking qualified vendors to provide Appraisal Management Services (AMS). This notice is a step in market research, not a contract award, and aims to identify vendors that meet the NAICS size standard of $40 million. Interested parties must submit capabilities by October 3, 2024. The VA's Construction and Valuation Section oversees appraisals for properties securing VA-guaranteed loans. The contractor will manage an expected volume of 750,000 appraisals annually, improving appraisal quality and oversight using advanced technology. Key tasks include program management, operational data reporting, training, and maintaining an online infrastructure for appraisal submissions and reviews. A focus on compliance with federal standards is emphasized, along with a robust customer support system. The ultimate goal is to enhance appraisal processes, support veterans effectively, and integrate new technologies to streamline operations, all under a single-award, firm-fixed-price contract framework. This initiative demonstrates the VA's commitment to modernization and improved service delivery for veterans in housing.