Opportunity
North Carolina eVP #274-FIN2026-10
City of Raleigh Solicits Property Appraisal Services for Municipal Portfolio
Posted
April 27, 2026
Respond By
May 22, 2026
Identifier
274-FIN2026-10
NAICS
531320
The City of Raleigh is seeking professional property appraisal services to support its insurance, risk management, and financial planning for over 1,000 municipal properties in Wake County, NC. - Government Buyer: - City of Raleigh, Finance Department, Risk Management Division - Products/Services Requested: - Comprehensive property appraisal and valuation services for all City-owned insured properties - Includes municipal office buildings, fire stations, police stations, water treatment plants, community centers, parking garages, and more - Year 1: Full city-wide on-site inspection and appraisal - Subsequent years: Annual trending or desktop analysis - Detailed appraisal reports with photos, GPS coordinates, flood zone codes - Online database for property data management and migration of historical data - Hazard assessments and valuation of building contents - Additional appraisals for new properties as needed - Unique or Notable Requirements: - Vendor must have demonstrated expertise in public-sector property appraisal and knowledge of applicable standards - Prohibition of electronic bid submissions - Timely, thorough, and professional valuation services required - Delivery of detailed reports and online data management platform - No specific OEMs or vendors are named in the solicitation.
Description
The City of Raleigh is soliciting proposals for professional appraisal and valuation services for all City-owned insured properties. These services will support the City's insurance program, risk assessment activities, and financial planning. The contract includes a full city-wide inspection and appraisal of all properties in the initial year, followed by annual trending or desktop analysis for subsequent years. The contract period is anticipated to be five years starting January 1, 2027, with an option for a five-year extension. The City seeks a firm with expertise in public-sector property appraisal and knowledge of applicable appraisal standards.